AAR

Chairman, President and CEO John Holmes has led since 2018 and through 2026, driving portfolio upgrades, software expansion, and capacity additions while keeping leverage in check. FY2026 included an equity raise to maintain strategic flexibility and accelerate deleveraging.

The company settled FCPA matters via a December 2024 NPA and SEC order and disclosed a small fine tied to a Nepal proceeding; compliance remains a focus area to monitor. Overall execution through a complex cycle and thoughtful repositioning support above-average confidence in management.