StandardAero CEO Russell Ford Announces Retirement, Paul McElhinney to Succeed
StandardAero announced that Russell Ford has informed the Board of Directors of his decision to retire as Chief Executive Officer. The Board of Directors has appointed Paul McElhinney, a 35-year industry veteran and the Company's current Lead Independent Director, to succeed Ford as CEO effective October 1, 2026. Ford will work closely with McElhinney to facilitate a seamless leadership transition and will continue to serve as Executive Chairman of StandardAero's Board of Directors through December 31, 2026. McElhinney will become Chairman effective January 1, 2027, and Ford will continue to serve on the Board thereafter. McElhinney serves as Senior Operating Partner and Co-Head of the Portfolio Strategy and Optimization Group at AE Industrial Partners