Derek J. Kerr
On February 18, 2025, the Board of Directors (the “Board”) of StandardAero, Inc. (the “Company”) elected Derek J. Kerr as a Class III director of the Company, effective on February 18, 2025.
Highest-materiality recent filing
StandardAero stockholders elect three Class II directors and ratify PwC
Douglas V. Brandely elected with 254.6M votes for (84.8%); 44.8M withheld; 2.1M broker non-votes.
StandardAero appoints Paul McElhinney as CEO, succeeding retiring Russell Ford effective Oct 1, 2026
Paul McElhinney, current Lead Independent Director and 35-year industry veteran, becomes CEO effective Oct 1, 2026.
StandardAero Q1 revenue $1.63B (+13.3%), raises FY2026 guidance, acquires Unified Turbines
Revenue $1,626.9M (+13.3% YoY); GAAP EPS $0.24, Adjusted EPS $0.33 (up from $0.29).
FY2025 revenue $6,062.5M (+15.8%); net income $277.4M; adj. diluted EPS $1.19.
StandardAero completes $50M share repurchase and 57.5M share secondary offering by Carlyle and GIC
Repurchased 1.64M shares from GIC affiliate at $30.535/share, total ~$50M, under Dec 2025 buyback program.
StandardAero prelim FY2025 rev ~$6.07B (+16%), net income ~$275M, Adj EBITDA ~$809M
Revenue expected between $6,053M and $6,083M, up 15.6%-16.1% YoY from $5,237M.
StandardAero Board authorizes $450M stock repurchase program
Up to $450 million of common stock may be repurchased effective immediately.
StandardAero Q3 revenue up 20.4% to $1.5B; raises FY2025 guidance
Q3 revenue $1,498M (+20.4% YoY); net income $68.1M vs $16.4M YoY.
StandardAero enters transition agreement with departing President Kimberly Ashmun
Ashmun entered Transition Agreement on Nov 3, 2025, providing transition services until Dec 31, 2025.
StandardAero appoints Krekeler President of Component Repair Services; Ashmun departs
Gregory Krekeler appointed President, Component Repair Services, effective September 22, 2025.
StandardAero Q2 revenue up 13.5% to $1.53B, net income $67.7M; raises FY2025 guidance
Revenue $1,528.9M (+13.5% YoY); net income $67.7M vs $5.4M prior year; adjusted EBITDA $204.6M (+20.1%), margin 13.4% (up 80 bps).
StandardAero appoints Derek Kerr to Audit Committee
Derek J. Kerr, elected Class III director on Feb 18, 2025, now appointed to Audit Committee effective July 29, 2025.
All three Class I director nominees (Clare, Ford, Newman) elected with >94% of votes cast FOR.
StandardAero Q1 revenue up 16.2% to $1.44B, net income $62.9M, raises FY2025 guidance
Revenue $1,435.6M (+16.2% YoY); Net income $62.9M vs $3.2M YoY; Adj EBITDA $198.2M (+19.7%).
StandardAero announces secondary offering of 30M shares by Carlyle and GIC affiliates
Selling stockholders (Carlyle Group and GIC affiliates) offer 30M shares; company receives no proceeds.
StandardAero reports Q4 revenue up 21.8% to $1.41B; initiates 2025 guidance
Q4 revenue $1,409.6M (+21.8% YoY); net loss $14.1M due to one-off IPO/refinancing costs.
StandardAero elects Derek J. Kerr as Class III director
Election effective Feb 18, 2025; Kerr designated by Carlyle Group per Stockholders Agreement.
On Nov 25, 2024, Audit Committee dismissed PwC Canada and appointed PwC US as independent auditor for FY 2024.
StandardAero Q3 revenue up 13.2% to $1.24B; net income $16.4M; IPO proceeds used to pay down debt
Revenue $1,244.6M (+13.2% YoY); net income $16.4M vs ($17.9M) loss; adjusted EBITDA $168.4M (+26%).
StandardAero closes $2.25B in new credit facilities, refinances existing debt
U.S. Borrower entered $1.63B Term Loan B-1, Canadian Borrower $620M Term Loan B-2, and $750M revolver.
Completed IPO of 69M shares at $24.00/share, including 53.25M from company and 15.75M from selling stockholders.
On February 18, 2025, the Board of Directors (the “Board”) of StandardAero, Inc. (the “Company”) elected Derek J. Kerr as a Class III director of the Company, effective on February 18, 2025.
Max materiality 0.85 · Median 0.65 · Most common event earnings