About

Jessica A. Garascia is Senior Vice President, General Counsel, Chief Administrative Officer and Secretary of AAR CORP., having served as General Counsel and Secretary since February 2020 and as Chief Administrative Officer since July 2022. Prior to joining AAR she was Deputy General Counsel at USG Corporation (2013-2020) and earlier practiced law at the Museum of Science and Industry and Jenner & Block LLP.

Roles

Aar Corp.
Senior Vice President, General Counsel, Chief Administrative Officer and Secretary · Current role
2020–present

Fixed Compensation

FY FY2025
Base salary
$463,500
NoteFY2025 base; each NEO received a 3% increase
All other compensation
$154,404
401(k) contributions$10,521
SKERP contributions$128,088
Perquisites & other$15,795

Performance Compensation

Data from FY FY2025

Cash incentive

Non-equity incentive (STI cash bonus)
$472,770
Target Opportunity
$463,500
PlanFY2025 short-term incentive (cash bonus)
MetricsAdjusted diluted EPS from continuing operations; Adjusted net working capital turns
Threshold$231,750
Maximum$927,000

Stock awards

Time-based restricted stock
$163,529
Shares2,440
Grant date7/22/2024
VestingCliff vest 7/31/2027
Performance-based restricted stock (PSU)
$490,922
Shares (threshold / target / maximum)3,663 / 7,325 / 14,650
Grant date7/22/2024
MetricsAdj. income from continuing ops, avg ROIC, relative TSR
Stock options
$163,647
Shares6,415
Exercise price$67.02
Vesting1/3 annually from 7/31/2025

Also at Aar Corp.

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