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AAR Corp. (AIR)

NYSE - NYSE Delayed Price. Currency in USD
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36.34-0.36 (-0.98%)
At close: 4:02PM EDT

36.34 -0.00 (-0.01%)
After hours: 4:58PM EDT

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AAR Corp.

One AAR Place
1100 North Wood Dale Road
Wood Dale, IL 60191
United States
630-227-2000
http://www.aarcorp.com

SectorIndustrial Goods
IndustryAerospace/Defense Products & Services
Full Time Employees4,600

Key Executives

NameTitlePayExercisedAge
Mr. David P. StorchChairman & CEO2.37MN/A64
Mr. Timothy J. RomeneskoVice Chairman & CFO1.28MN/A60
Mr. John McClain Holmes IIIPres, COO & Director1.19MN/A40
Mr. Robert J. ReganVP, Gen. Counsel & Sec.862.98kN/A59
Mr. Ira A. EichnerFounder and Chairman EmeritusN/AN/A86
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

AAR CORP. provides products and services to commercial aviation, government, and defense markets worldwide. The company’s Aviation Services segment offers aftermarket support and services; inventory management and distribution services; and maintenance, repair, and overhaul, as well as engineering services. This segment also sells and leases new, overhauled, and repaired engine and airframe parts and components; and provides inventory and repair programs, warranty claim management, and outsourcing programs for engine and airframe parts and components, as well as performance-based logistics programs in support of the U.S. Department of Defense (DoD) and foreign governments. In addition, it offers airframe inspection, maintenance, repair and overhaul, painting, line maintenance, airframe modification, structural repair, avionic and installation, exterior and interior refurbishment, and engineering and support services; repairs and overhauls landing gears, wheels, and brakes; and sells and leases used commercial aircraft. The company’s Expeditionary Services segment provides products and services supporting the movement of equipment and personnel by the U.S. DoD, foreign governments, and non-governmental organizations. Its expeditionary airlift services offer fixed- and rotary-wing flight operations, such as search and rescue operations, and transporting personnel and cargo. This segment also designs, manufactures, and repairs transportation pallets, and various containers and shelters, as well as composite materials for commercial, business, and military aircraft; and provides engineering, design, and system integration services for command and control systems. The company primarily markets and sells products and services through its employees and foreign sales representatives. As of May 31, 2017, its portfolio consisted of two aircraft owned through joint ventures. AAR CORP. was founded in 1951 and is headquartered in Wood Dale, Illinois.

Corporate Governance

AAR Corp.’s ISS Governance QualityScore as of July 1, 2017 is 8. The pillar scores are Audit: 1; Board: 7; Shareholder Rights: 10; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.