"I am very excited that Marcus will be bringing his government and trade experience to AAR. Marcus has demonstrated a strength in identifying new markets and bringing resources together to create best-in-class solutions for customers around the world," said David P. Storch, Chairman, CEO and President of AAR.
Jadotte's new position at AAR will build on the government relations progress made by Cheryle Jackson, who was recently named President, AAR Africa.
"During his time at the Commerce Department, Marcus helped many U.S. companies identify and form trade partnerships around the world," Jackson said. "We are delighted that he has agreed to add his unique blend of government experience and business intelligence to the AAR team as we work to expand our business with the U.S. government and its allies."
Previously, Jadotte served as Vice President of Public Affairs and Multicultural Development for NASCAR, becoming the first African-American officer in NASCAR history. Prior to NASCAR, he served as chief of staff to two U.S. congressmen and served in the Labor Department under the Clinton administration. In 2014, Savoy magazine named Jadotte as one of the "Top 100 Blacks in Corporate America."
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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