Wesco Aircraft Appoints Daniel C. Snow Executive Vice President of Strategy and Business Process Development
July 06 2015 - 4:05PM
Business Wire
-- Veteran Leader Brings 32 Years of Experience
in Aerospace & Defense Driving Transformation and Change
Management --
Wesco Aircraft Holdings, Inc. (NYSE: WAIR), a leading provider
of comprehensive supply chain management services to the global
aerospace industry, today announced that it has appointed Daniel C.
Snow as executive vice president, strategy and business process
development. Mr. Snow will lead Wesco’s accelerated integration
with Haas Group and the development and deployment of comprehensive
business processes.
Dave Castagnola, president and chief executive officer, said,
“We are pleased to have Dan join Wesco Aircraft. He brings
extensive experience in large company integration, strategic
planning, business development, operational excellence and Policy
Deployment. Dan led the integration of the landing gear and wheels
and brakes units at UTC Aerospace Systems, reporting to me. In
addition to driving the Haas integration and business process
development, Dan will lead our strategic planning activities,
working with the rest of the executive leadership team to establish
vision, goals and objectives for the organization.”
Mr. Snow was most recently Vice President and General Manager,
Landing Systems at UTC Aerospace Systems (UTC Aerospace), one of
the world’s largest suppliers of technologically advanced aerospace
and defense products and a division of United Technologies Corp.
Mr. Snow joined UTC Aerospace through the acquisition of Goodrich
Corporation in 2012. While at Goodrich he served in roles of
increasing responsibility in operations, as well as supply chain
and program management. He has led strategic planning, business
analysis and transformation, product life cycle management,
continuous improvement and change management.
Prior to Goodrich, Mr. Snow worked in progressive supply chain
and program management leadership positions with Boeing, the Case
Corporation and McDonnell Douglas.
Mr. Snow holds a diploma in Aerospace Management and a Masters
in Business Administration from the Rotman School of Business at
the University of Toronto.
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 inventories of aerospace
products, comprised of more than 600,000 active stock keeping
units, including hardware, bearings, tools, electronic components,
machined parts and chemicals. Wesco Aircraft has more than 2,700
employees across 82 locations in 19 countries.
To learn more about Wesco Aircraft, visit our website at
www.wescoair.com. Follow Wesco Aircraft on LinkedIn at
https://www.linkedin.com/company/wesco-aircraft-corp.
Forward-Looking Statements
This press release contains forward-looking statements
(including within the meaning of the Private Securities Litigation
Reform Act of 1995) concerning Wesco Aircraft Holdings,
Inc. These statements may discuss goals, intentions and
expectations as to future plans, trends, events, results of
operations or financial condition, or otherwise, based on current
beliefs of management, as well as assumptions made by, and
information currently available to, management. In some cases,
readers can identify forward-looking statements by the use of
forward-looking terms such as “aim,” “anticipate,” “believe,”
“plan,” “could,” “would,” “should,” “estimate,” “expect,”
“forecast,” “future,” “guidance,” “intend,” “may,” “will,”
“possible,” “potential,” “predict,” “project” or similar words,
phrases or expressions. These forward-looking statements are
subject to various risks and uncertainties, many of which are
outside the company’s control. Therefore, the reader should
not place undue reliance on such statements.
Factors that could cause actual results to differ materially
from those in the forward-looking statements include: general
economic and industry conditions; conditions in the credit markets;
changes in military spending; risks unique to suppliers of
equipment and services to the U.S. government; risks associated
with the company’s long-term, fixed-price agreements that have no
guarantee of future sales volumes; risks associated with the loss
of significant customers, a material reduction in purchase orders
by significant customers or the delay, scaling back or elimination
of significant programs on which the company relies; the company’s
ability to effectively compete in its industry; the company’s
ability to effectively manage its inventory; the company’s ability
to successfully integrate the acquired business of Haas Group Inc.
in a timely fashion; failure to realize anticipated benefits of the
combined operations; risks relating to unanticipated costs of
integration; the company’s suppliers’ ability to provide it with
the products the company sells in a timely manner, in adequate
quantities and/or at a reasonable cost; the company’s ability to
maintain effective information technology systems; the company’s
ability to retain key personnel; risks associated with the
company’s international operations, including exposure to foreign
currency movements; fluctuations in the company’s financial results
from period-to-period; risks associated with assumptions the
company makes in connection with its critical accounting estimates
(including goodwill) and legal proceedings; the company’s ability
to establish and maintain effective internal control over financial
reporting; environmental risks; risks related to the handling,
transportation and storage of chemical products; the company’s
dependence on third-party package delivery companies; risks related
to the aerospace industry and the regulation thereof; risks related
to the company’s indebtedness; and other risks and
uncertainties.
The foregoing list of factors is not exhaustive. The reader
should carefully consider the foregoing factors and the other risks
and uncertainties that affect the company’s business, including
those described in Wesco Aircraft’s Annual Report on Form 10-K,
Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and
other documents filed from time to time with the Securities and
Exchange Commission. All forward-looking statements included
in this news release (including information included or
incorporated by reference herein) are based upon information
available to the company as of the date hereof, and the company
undertakes no obligation to update or revise publicly any
forward-looking statements, whether as a result of new information,
future events or otherwise.
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version on businesswire.com: http://www.businesswire.com/news/home/20150706005697/en/
Wesco Aircraft Holdings, Inc.Jeff MisakianVice President,
Investor Relations661-362-6847Jeff.Misakian@wescoair.com
Wesco Aircraft (NYSE:WAIR)
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