AAR Corp. (AIR) Reports Election of Ellen M. Lord to Board
- S&P 500, Dow end at record highs as weak jobs data eases rate worries
- U.S. Added Only 266,000 Jobs in April, Well Below Estimates
- Roku (ROKU) Surges After Crushing Profit Estimates to Prompt an Upgrade to 'Buy' at Loop Capital
- Dollar broadly weaker after U.S. jobs data disappoint
- Square (SQ) Tops Q1 EPS by 25c
News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here.
AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs, announced today that Ellen M. Lord, former Under Secretary of Defense for Acquisition and Sustainment for the United States Department of Defense, has been elected to the Company's Board of Directors, effective immediately.
“Ellen brings significant aerospace and defense expertise as well strong leadership experience from her time as the President and CEO of Textron Systems and most recently as Under Secretary with the U.S. Department of Defense,” said John M. Holmes, AAR President and Chief Executive Officer. “Ellen will bring a valuable perspective to our Board and our Company. We look forward to her contributions and are very pleased to welcome Ellen to AAR.”
Ms. Lord, 61, served as the Under Secretary of Defense for Acquisition and Sustainment for the United States Department of Defense from August 2017 until January 2021. In this role, she was responsible for all matters pertaining to acquisition; developmental testing; contract administration; logistics and materiel readiness; installations and environment; operational energy; chemical, biological, and nuclear weapons; the acquisition workforce; and the defense industrial base. Prior to her government service, Ms. Lord served as the President and Chief Executive Officer of Textron Systems from October 2012 to August 2017, where she led a multi-billion dollar company with products and services supporting defense, homeland security, aerospace and infrastructure protection. Prior to that, she served in other leadership positions at Textron Systems and related companies. Ms. Lord is the former Vice Chairman of the National Defense Industrial Association and has previously served on the boards of the U.S. Naval Institute, the U.S. India Business Council and the Defense Technology Initiative. She was recently appointed to the board of Voyager Space Holdings and serves as an advisor to a number of companies. She earned a Master of Science degree in chemistry from the University of New Hampshire and a Bachelor of Arts degree in chemistry from Connecticut College. Ms. Lord currently is an independent aerospace, defense and industrial consultant.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- iStar Financial (STAR) Announces Jeremy Fox-Geen Stepping Down as Chief Financial Officer
- Koppers Holdings (KOP) Tops Q1 EPS by 58c, Revenues Miss; Offers FY21 EPS Guidance Above Consensus, Affirms FY2 Revs. View
- Blade (BLDE) Completes Business Combination Becoming the First Publicly Traded Urban Air Mobility Company (EXPC)
Create E-mail Alert Related CategoriesBoard Changes, Corporate News, Management Comments
Related EntitiesDefinitive Agreement
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!