StandardAero Appoints Derek Kerr to Board of Directors

Business Wire 24-Feb-2025 4:30 PM

StandardAero (NYSE:SARO), a leading pure-play provider of aerospace aftermarket services for fixed- and rotary-wing aircraft, has announced the appointment of Derek Kerr to the company's Board of Directors. Mr. Kerr's appointment was effective February 18, 2025.

Mr. Kerr brings to StandardAero's Board of Directors nearly four decades of aviation and airline experience along with senior executive perspectives from his long and distinguished career having served in a variety of increasingly responsible chief financial officer and operational positions.

Mr. Kerr most recently served as Vice Chair of American Airlines and President of American Eagle. In addition, he previously served as Executive Vice President and Chief Financial Officer of American Airlines. Prior to his roles at American Airlines, he served as Executive/Senior Vice President and Chief Financial Officer for U.S. Airways and America West Airlines.

"We are proud to welcome Derek to our Board of Directors," said Russell Ford Chairman and Chief Executive Officer of StandardAero. "He is a proven aviation and aerospace leader who brings the domain experience, business acumen and customer perspectives of a true industry expert, along with the enthusiasm, energy and insight to help guide our company's future."

Mr. Kerr graduated from the University of Michigan with a Masters of Business Administration degree, as well as a Bachelor's of Science degree in Aerospace Engineering. He resides seasonally in Scottsdale, Arizona, near StandardAero's Corporate Headquarters.

StandardAero is a leading independent pure-play provider of aerospace engine aftermarket services for fixed- and rotary-wing aircraft, serving the commercial, military and business aviation end markets. StandardAero provides a comprehensive suite of critical, value-added aftermarket solutions, including engine maintenance, repair and overhaul, engine component repair, on-wing and field service support, asset management and engineering solutions. StandardAero is an NYSE listed company under the ticker symbol SARO. For more information about StandardAero, go to www.standardaero.com.

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StandardAero Investor Relations Contact Investors@StandardAero.com Alex Trapp -- 480-377-3142 Alex.Trapp@StandardAero.com StandardAero Media Contact Kyle Hultquist – 1-480-377-3192 kyle.hultquist@standardaero.com