AAR CORP. (AAR) has released that John M. Holmes, President and Chief Executive Officer of AAR has been named Chairman of the Board of Directors following the retirement of David P. Storch, the company’s Chairman for 18 years. Holmes will continue as President and Chief Executive Officer of the company.
Holmes joined AAR in 2001 as Director of Mergers and Acquisitions. In 2003, Holmes moved into operations, becoming General Manager of AAR’s Parts Supply business and progressively assuming responsibility of other businesses before being appointed as President and Chief Operating Officer in 2017. In 2018, he was named President and Chief Executive Officer of AAR, the third since the company’s founding in 1955.
Under Holmes’s leadership, AAR has achieved substantial growth in sales and profitability, while successfully navigating the company through the COVID-19 pandemic. As Chairman, Holmes will focus on strategies to drive continued growth while maintaining the Company’s strong culture and core values.
