Lee Beaumont Leaves Standard Aero

Effective August 12, 2005, Lee Beaumont left Standard Aero to pursue other interests. Lee, a Senior Vice President with Standard Aero, has most recently worked on special projects reporting directly to the Chief Executive Officer, Dave Shaw. Standard Aero extends its best wishes to Lee in his future career activities.

The Divisional restructuring of Standard Aero took place in December 2004, at which time Paul Soubry Jr. assumed responsibility of Standard Aero’s global Maintenance, Repair and Overhaul operations, including Maryville, TN, San Antonio, TX, Winnipeg, Canada, and Tillburg, Holland. The creation of the larger MRO Division brings together both the Commercial and Government operations of Standard Aero, allowing for better co-ordination of services for Standard Aero MRO customers around the world.

In addition, Standard Aero created the Enterprise Services Division focused on providing business transformation and logistics readiness services to military and commercial clients. The Enterprise Services Division is led by Ed Richmond, Senior Vice President of Strategy and Business Development. In May 2005, the Enterprise Services Division as part of Team Battelle, won a major transformation contract to redesign the United States Air Force’s Oklahoma City Air Logistics Center’s MRO operations including aircraft, engines, and commodities.