Kim Ashmun Joins StandardAero as President, Components & Accessories Division

SCOTTSDALE, Ariz. - September 26, 2022 - StandardAero has appointed Kim Ashmun to serve as President of the company's Components & Accessories (C&A) division. In this role, she is responsible for all aspects of the commercial, operational, financial and technical performance of StandardAero's C&A business units and facilities located across the U.S., Canada, Europe and Asia.

Ashmun formerly served as Vice President of Global Supply Chain Operations for Lockheed Martin's Rotary & Mission Systems Sikorsky line of business. In that role, she led a large team, managing a multi-billion dollar portfolio of ~1,800 suppliers. Ashmun has more than twenty years of leadership experience in the aerospace industry, working at Lockheed Martin in a variety of technical, program and executive leadership positions. She began her career as a manufacturing engineer for Lockheed Martin Aeronautics with roles in engineering and operations supporting the F-35 program.

Ashmun holds a Bachelor of Science degree in Engineering Technology from Texas A&M University and a Master of Science degree in Systems Engineering and MBA from Southern Methodist University. In addition, she completed Lockheed Martin's Engineering Leadership Development Program and multiple executive courses from Columbia Business School and UC Berkeley Executive Education.

"Kim's extensive Aerospace Industry experience and knowledge is perfectly matched to her new role as President of C&A," said Russell Ford, Chairman and CEO of StandardAero. "I am proud to have her join our Executive team and to bring her skills and accomplishments forward in leading this growing strategic division of our company."

Ashmun will be based at the company's Cincinnati, Ohio MRO facility.

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.