Wesco Aircraft Holdings Announces Retirement of Chief Financial Officer
Resource from: Wesco Aircraft Likes:193
Nov 21,2014
VALENCIA, Calif.--(BUSINESS WIRE)--
Wesco Aircraft Holdings, Inc. (WAIR), a leading provider of comprehensive supply chain management services to the global aerospace industry, today announced that Gregory A. Hann, executive vice president and chief financial officer, has informed the company’s board of directors of his intention to retire, effective March 31, 2015.
To ensure an orderly transition, Mr. Hann will continue to serve as Wesco Aircraft’s chief financial officer until a replacement can be found, and will remain an employee of the company until March 31, 2015. Thereafter, Mr. Hann will serve as a consultant to the company for one year. Wesco Aircraft has retained a leading executive search firm to conduct a nationwide search to assist with the placement of a new chief financial officer.
Mr. Hann has served as executive vice president and chief financial officer since joining Wesco Aircraft in 2009. During his tenure as chief financial officer, net sales more than doubled to $1.4 billion. Wesco Aircraft also completed the acquisition of Haas Group in fiscal 2014, the largest acquisition in the company’s history.
Randy Snyder, chairman and chief executive officer, said, “On behalf of the board and myself, I want to thank Greg for his years of outstanding service to Wesco Aircraft. He has provided financial leadership through our initial public offering, several debt refinancing transactions and strategic acquisitions, including our recent acquisition of Haas Group. Greg has been a valuable member of the Wesco Aircraft leadership team and leaves the company in a strong financial position. We wish Greg and his family all the best as he transitions into retirement.”
About Wesco Aircraft
Wesco Aircraft is one of the world’s largest distributors and providers of comprehensive supply chain management services to the global aerospace industry. The company’s services range from traditional distribution to the management of supplier relationships, quality assurance, kitting, just-in-time delivery and point-of-use inventory management. The company believes it offers one of the world’s broadest inventory of aerospace products, comprised of more than 575,000 active stock keeping units, including hardware, bearings, tools, electronic components, machined parts and chemicals. Wesco Aircraft has more than 2,700 employees across 83 locations in 19 countries.
(Wesco Aircraft)
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1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
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