AAR names Romenesko vice chairman, CFO

PRNewswire

WOOD DALE - AAR Corp. appointed Timothy J. Romenesko vice chairman and chief financial officer, effective Aug. 1.

Romenesko will replace Michael J. Sharp, who is retiring after 20 years with the company.

Romenesko, 59, is a 35-year veteran of the company and currently serves as vice chairman and chief operating officer, expeditionary services. He previously served as president and chief operating officer from 2007 to 2015. Before that he was chief financial officer from 1994 to 2007.

Romenesko joined AAR in 1981 and worked in financial roles at both AAR's business units and corporate.

"I am pleased to announce that Tim Romenesko will serve once again as AAR's CFO," said David P. Storch, chairman of the board, president and chief executive officer. "Tim's experience and knowledge of AAR make him the right person to drive efficiencies and improve return on capital throughout the company. He will also continue his role of focusing on strategic growth and ensuring an environment of strong compliance and control."

Wood Dale-based AAR supports commercial aviation and government customers through two operating segments: Aviation Services and Expeditionary Services. AAR's Aviation Services include inventory management, parts supply, OEM parts distribution, aircraft maintenance, repair and overhaul and component repair. AAR's Expeditionary Services include

airlift operations, mobility systems, and command and control centers in support of military and humanitarian missions.