Randy Dobbs joins Board of Ranger AeroSystems

Jul 20, 2015, 10:00 ET from Ranger Aerospace

GREENVILLE, S.C., July 20, 2015 /PRNewswire/ -- Ranger AeroSystems LLC, a private equity consolidator specializing in aerospace components and interiors overhaul services, has added Randy Dobbs to its Board of Directors.  This is Ranger's newest platform for pursuing investments and acquisitions in the aerospace industry. Mr. Dobbs brings a wealth of industry experience to this Board, from many years with General Electric and in Private Equity-backed enterprises.

Over the course of his 3-decades career, Randy Dobbs has risen from an entry level position on the floor of a manufacturing plant to top leadership positions in the manufacturing, national security, and healthcare industries. He has been a Senior Operating Executive with private equity firm Welsh, Carson, Anderson & Stowe for the past several years. Prior to that, he served as President and CEO of a $750 million national security and employment screening corporation. Earlier in his career, Mr. Dobbs was President and Chief Executive Officer for Philips Medical Systems, North America, where he oversaw a field sales and service organization of more than 5,500 people with revenues in excess of $3.3 billion focused on providing service solutions to private, public, and government institutions. Before Philips Medical, Mr. Dobbs was President and Chief Executive Officer of GE Capital's large IT Solutions Division, where he was honored with General Electric's "Turnaround Business of the Year Award." During his GE career, he also served as an Officer of the global GE Corporation. A distinguished graduate of many of GE's internationally recognized business development programs, Mr. Dobbs also holds a degree from Arkansas State University. He is the author of Transformational Leadership: A Blueprint for Real Organizational Change, which details Mr. Dobbs' proven strategic business tools and transformational leadership ideas to create a business environment characterized by operational excellence, financial performance, and overall growth. More information about Mr. Dobbs can be viewed at www.dobbsleadership.com.

Mr. Dobbs said: "I am very pleased to join the Ranger AeroSystems Board. My association with Steve Townes over the past couple of years has really impressed me relative to his leadership and growth capabilities. The Aerospace market continues to grow and change and I believe Steve and his team are well positioned to serve customers with high quality services in this market. I look forward to helping Steve achieve his vision for the business."

Steve Townes, CEO of Ranger AeroSystems and founder of Ranger Aerospace, said "We are very privileged to have a senior business leader with Mr. Dobbs' nationally-recognized experience and stature on the Ranger board. All of our shareholders and investors will benefit from his ongoing counsel and guidance, starting with me.  Every operating CEO needs a strong experienced coach; I welcome Randy Dobbs to our governance team." 

Ranger AeroSystems is the latest consolidation platform launched by Ranger Aerospace and its institutional investment partners.  Since early 1997, Ranger has sparked hundreds of millions of dollars in buying, selling, and investing transactions as management stewards. Ranger adds value by bringing accomplished teams to bear on operational improvements and accelerated growth. Ranger focuses heavily on operations, marketing, quality, and people, with a "Good to Great" incremental approach to business transformations.  Previous large-scale successes built to substantial critical mass by Ranger Aerospace include Aircraft Service International Group, Inc. ("ASIG"), Keystone Helicopter, and Ranger International.  Each has since grown to even larger scale. Ranger's ventures have employed up to 4,250 employees, with operations at as many as 56 airfields and operating sites in North America, Latin America, Europe, Middle East, and Pacific. The holding company practices strict vigilance on Quality—Safety—F.A.R. Compliance, with a quality-centered management style.  Ranger's effectiveness has manifested in award-winning quality, aggressive growth, and superior IRR returns in "realized" investments.  Ranger Aerospace has won national financial awards such as "Deal of the Year" and "Deal of the Decade" from prestigious publications.  Visit www.rangeraerospace.com.

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SOURCE Ranger Aerospace



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