Aircraft Maintenance Technology

APR-MAY 2018

The aircraft maintenance professional's source for technological advancements, maintenance alerts, news, articles, events, and careers

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COMMERCIAL MRO AMT Magazine chief editor Ronald Donner sits down with AAR Corp. outgoing CEO David Storch to talk about aviation, the MRO industry, and his career at AAR By Ronald Donner DAVID STORCH and Ronald Donner during the 2017 Paris Airshow. MARINO BORIC AMT EXCLUSIVE: AN INTERVIEW WITH DAVID STORCH David P. Storch is only the second CEO since AAR incorporated in 1955. Storch recently announced his plan to retire after 39 years with the company. AAR President and Chief Operating Officer John M. Holmes will become the next CEO. Storch will continue to lead the board as its non-executive chairman and work alongside Holmes on business strategy, talent development, and industry relations. I recently had the pleasure of sitting down with David P. Storch in his office at the AAR Corp. World Headquarters in Wood Dale, IL. We discussed the aviation MRO industry, AAR, and his career. Storch joined AAR in 1979 with responsibility for developing the company's aircraft engine business. In 1987 he was named president of the AAR Trading Group and became president and chief operating officer in 1989. In 1996 he assumed the additional role of CEO, and chairman of AAR in October 2005. RWD: David, first thanks for taking time from your very busy schedule to sit down and discuss the industry with me. While preparing for this interview I found a 2012 article in Smart Business Chicago with this quote, "David Storch has a knack for seeing opportunities in desperate situations. Unafraid to take strategic risks, he uses this ability to diversify his company's business and expand into new markets, which has bolstered it through economic lows, industry changes, and technological transitions." With that said, can you talk some about your leadership style and approach to business? 14 APRIL/MAY 2018 AIRCRAFT MAINTENANCE TECHNOLOGY

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