WOOD DALE, Ill., April 6, 2017 /PRNewswire/ -- AAR (NYSE: AIR) today appointed Dylan Wolin, Vice President, Strategy and Acquisitions.
Wolin brings nearly 20 years of experience to AAR, having most recently spent 9 years at Boeing, where he was Director, Corporate Development and responsible for leadership of Boeing's merger and acquisition activities, joint ventures and the company's broader strategic development initiatives. Prior to Boeing, Wolin was Vice President, Investment Banking at Deutche Bank, where he covered the aerospace and defense sector focused on M&A advisory, equity capital issuance and bank and bond financing transactions.
"As we look to strategically grow AAR's portfolio, Dylan's extensive background in mergers and acquisitions in aerospace and defense bolsters our in-house capacity to analyze opportunities," said David P. Storch, Chairman, President and CEO, AAR. "I am pleased to welcome Dylan to AAR's Corporate team."
Wolin holds a Masters of Business Administration from The Wharton School at the University of Pennsylvania and a Bachelor of Arts in Economics from Tufts University in Medford, MA.
AAR is a global aftermarket solutions company that employs more than 4,500 people in over 20 countries. Based in Wood Dale, Illinois, 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. More information can be found at www.aarcorp.com.
This press release contains certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on beliefs of Company management, as well as assumptions and estimates based on information currently available to the Company, and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated, including those factors discussed under Item 1A, entitled "Risk Factors", included in the Company's Form 10-K for the fiscal year ended May 31, 2016. Should one or more of these risks or uncertainties materialize adversely, or should underlying assumptions or estimates prove incorrect, actual results may vary materially from those described. These events and uncertainties are difficult or impossible to predict accurately and many are beyond the Company's control. The Company assumes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. For additional information, see the comments included in AAR's filings with the Securities and Exchange Commission.
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