About

John M. Holmes is Chairman, President and Chief Executive Officer of AAR CORP., serving as President and CEO since 2018 and Chairman of the Board since January 2023, and as a director since 2017. He joined AAR in 2001 and has held roles of increasing responsibility including President and Chief Operating Officer (2017-2018) and Chief Operating Officer - Aviation Services, growing the company through multiple acquisitions such as Trax and Triumph Group's Product Support business. He also serves on the board of GATX Corporation.

Roles

Aar Corp.
Chairman, President and Chief Executive Officer · Current role
2017–present

Fixed Compensation

FY FY2025
Base salary
$1,082,000
NoteFY2025 base; each NEO received a 3% increase
All other compensation
$699,933
401(k) contributions$20,922
SKERP contributions$603,329
Perquisites & other$75,682

Performance Compensation

Data from FY FY2025

Cash incentive

Non-equity incentive (STI cash bonus)
$1,324,368
Target Opportunity
$1,298,400
PlanFY2025 short-term incentive (cash bonus)
MetricsAdjusted diluted EPS from continuing operations; Adjusted net working capital turns
Threshold$649,200
Maximum$2,596,800

Stock awards

Time-based restricted stock
$1,007,981
Shares15,040
Grant date7/22/2024
VestingCliff vest 7/31/2027
Performance-based restricted stock (PSU)
$3,023,942
Shares (threshold / target / maximum)22,560 / 45,120 / 90,240
Grant date7/22/2024
MetricsAdj. income from continuing ops, avg ROIC, relative TSR
Stock options
$1,007,900
Shares39,510
Exercise price$67.02
Vesting1/3 annually from 7/31/2025

Also at Aar Corp.

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