AAR Corp. Appoints New CFO and Directors
Ticker: AIR · Form: 8-K · Filed: Jun 26, 2024 · CIK: 1750
| Field | Detail |
|---|---|
| Company | Aar CORP (AIR) |
| Form Type | 8-K |
| Filed Date | Jun 26, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-change, board-change, management-appointment
Related Tickers: AIR
TL;DR
AAR Corp. shakes up leadership with a new CFO and two board members appointed.
AI Summary
AAR Corp. announced on June 25, 2024, changes in its executive leadership and board of directors. The company elected two new directors, John M. Holmes and David P. Storch, to its Board, effective immediately. Additionally, the company appointed Todd W. Scheithauer as Senior Vice President, Chief Financial Officer, and Treasurer, also effective immediately.
Why It Matters
These executive and board changes could signal a shift in strategic direction or financial oversight for AAR Corp., impacting investor confidence and operational strategy.
Risk Assessment
Risk Level: medium — Changes in key executive and board positions can introduce uncertainty regarding future strategy and performance.
Key Players & Entities
- AAR Corp. (company) — Registrant
- John M. Holmes (person) — Newly elected Director
- David P. Storch (person) — Newly elected Director
- Todd W. Scheithauer (person) — Appointed Senior Vice President, Chief Financial Officer, and Treasurer
- June 25, 2024 (date) — Effective date of appointments and elections
FAQ
Who were the newly elected directors to AAR Corp.'s Board?
John M. Holmes and David P. Storch were elected as new directors to AAR Corp.'s Board.
What is the effective date of these appointments and elections?
The elections and appointments were effective immediately as of June 25, 2024.
What is the new role of Todd W. Scheithauer?
Todd W. Scheithauer has been appointed as Senior Vice President, Chief Financial Officer, and Treasurer.
What is AAR Corp.'s primary business classification?
AAR Corp. is classified under AIRCRAFT & PARTS [3720].
In which state is AAR Corp. incorporated?
AAR Corp. is incorporated in Delaware.
Filing Stats: 463 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2024-06-26 16:05:35
Key Financial Figures
- $1.00 — Common Stock, $1.00 par value AIR UNITED STATES SECUR
Filing Documents
- tm2418233d1_8k.htm (8-K) — 27KB
- 0001104659-24-075153.txt ( ) — 247KB
- air-20240625.xsd (EX-101.SCH) — 3KB
- air-20240625_def.xml (EX-101.DEF) — 28KB
- air-20240625_lab.xml (EX-101.LAB) — 37KB
- air-20240625_pre.xml (EX-101.PRE) — 26KB
- tm2418233d1_8k_htm.xml (XML) — 6KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: June 26, 2024 AAR CORP. By: /s/ Jessica A. Garascia Jessica A. Garascia Senior Vice President, General Counsel, Chief Administrative Officer and Secretary