leadership
confidence high
sentiment neutral
materiality 0.60
StandardAero appoints Paul McElhinney as CEO, succeeding retiring Russell Ford effective Oct 1, 2026
StandardAero, Inc.
- Paul McElhinney, current Lead Independent Director and 35-year industry veteran, becomes CEO effective Oct 1, 2026.
- Russell Ford retires as CEO on Oct 1, remains Executive Chairman through Dec 31, 2026, then continues as director.
- McElhinney receives $1.1M base salary, 125% target bonus, $1M sign-on, and ~$20M in equity grants vesting over 4 years.
- Ford transition agreement includes 2026 annual bonus and accelerated vesting of equity awards upon his separation.
- Company reaffirms full-year 2026 guidance previously released on May 7, 2026.