David P. Storch served as the CEO of AAR Corp. from 2005 to 2018. He has a Bachelor's degree in Business Administration from the University of Michigan, which laid a solid foundation for his career in management. Under his leadership,...

Current Market Cap

$2.39B

Number of Employees

5K

Total Compensation

2014 - 2018

Trending down by -55.44% last year
Showing total compensation for the last 2014 - 2018

Stock

Down by -38.27% last year

Salary

Down by -20.30% last year

Bonus

Down by -100.00% last year

Other

Down by -19.24% last year

Year

2018

Total Compensation

$2.14M

Salary

$750.00K

Board Justification

The compensation philosophy emphasizes performance-based compensation, aligning executive pay with company performance and shareholder interests.

Bonus

$0.00

Board Justification

Mr. Holmes elected not to receive a Fiscal 2019 bonus due to the unforeseen customer bankruptcy and to demonstrate his commitment as Chief Executive Officer to the Company’s compliance program.

Other

$344.08K

Board Justification

Includes contributions to retirement plans, club dues, financial planning, and executive physical costs.

Restricted Stock

$1.04M(22.04K restricted stock)

Board Justification

22,036 shares of restricted stock vested during Fiscal 2019, valued at $1,044,727 based on the closing market price on the date of vesting.

Performance Metrics

Earnings per share from continuing operations and working capital turns.

SEC Filing

From August 15, 2019

David P. Storch

Ex-CEO of AAR Corp

DP

Education

Bachelor's degree in Business Administration from the University of Michigan.

Field of Expertise

Business & Management

Born

January 1, 1956 - 68 years ago

Is Founder?

No

Tenure

12 years 7 months (Oct 2005 - May 2018)

Previous Experience

President and CEO of AAR Corp.