SCOTTSDALE, Ariz. – January 10, 2023 – StandardAero has appointed Dan Satterfield to serve as Chief Financial Officer (CFO). Satterfield is responsible for StandardAero’s global financial strategies, day-to-day financial, accounting and tax operations, as well as performance, reporting and long-range business planning, including investor relations, treasury, controller and audit operations. He replaces Mike Scott, who is retiring after more than 33 years of dedicated service to StandardAero. Satterfield will be located at the company’s Scottsdale headquarters office.
Satterfield joined StandardAero from Honeywell Aerospace, after serving the past four years as Chief Financial Officer for Honeywell’s $12 billion aerospace portfolio of products and services. Prior to his service at Honeywell, he worked in senior executive financial leadership roles at Gates Corporation, Eaton, Cooper Industries and Siemens.
Satterfield holds a Bachelors of Business Administration degree, majoring in accounting from the University of Georgia. He is also a Certified Public Accountant and is bi-lingual in English and German.
“At StandardAero, we have many talented leaders on our executive team, most whom have previously served in senior roles for the world’s most successful aerospace companies and Dan is no exception,” said Russell Ford, Chairman & CEO of StandardAero. “He is an accomplished financial executive with more 30 years of international management experience delivering strong leadership in growth, productivity, acquisition integration, financial reporting and complex accounting. We are excited to have him on our team and I know his strong skills, knowledge and experience will become immediately impactful as he begins serving as our CFO.”
StandardAero is one of the world’s largest independent providers of services including engine and airframe maintenance, repair and overhaul, engine component repair, engineering services, interior completions and paint applications. StandardAero serves a diverse array of customers in business and general aviation, airline, military, helicopter, components and energy markets. StandardAero is owned by global investment firm Carlyle.