Wesco Aircraft Holdings, Inc. (NYSE: WAIR), a leading provider of comprehensive supply chain management services to the global aerospace industry, today announced that Jay L. Haberland has been elected to its Board of Directors, effective immediately. Mr. Haberland will also serve as a member of Wesco’s Audit Committee, replacing Adam J. Palmer in that capacity.
In conjunction with Mr. Haberland’s election to the Board of Directors, the size of the Board will be increased to nine members. Mr. Haberland will serve as a Class I director, with his initial term expiring at Wesco’s 2012 Annual Meeting of Stockholders.
Mr. Haberland retired from United Technologies Corporation (UTC) in 2008, where he worked for 14 years, most recently as Vice President of Business Controls. Previously, he was the Chief Financial Officer at Sikorsky Aircraft Corporation, a multi-billion dollar, wholly-owned subsidiary of UTC. He also served as Vice President and Controller, Acting CFO, and Director of Internal Audit during his tenure at UTC.
Prior to UTC, Mr. Haberland held a variety of leadership positions at the Black & Decker Corporation. He began his career with PricewaterhouseCoopers in Boston.Mr. Haberland also serves as a member of the Board of Directors of Ducommun Incorporated and is the Chairman of its Audit Committee. Randy Snyder, Chairman and Chief Executive Officer of Wesco Aircraft, stated, “We are delighted to welcome Jay to our Board of Directors. His strong financial and operational experience, as well as intimate knowledge of the aerospace and defense industries, will be a valuable asset as a member of our Board of Directors.” About Wesco Aircraft Wesco Aircraft is one of the world's largest distributors and providers of comprehensive supply chain management services to the global aerospace industry. The Company’s services range from traditional distribution to the management of supplier relationships, quality assurance, kitting, just-in-time delivery and point-of-use inventory management. The Company believes it offers the world’s broadest inventory of aerospace parts, comprised of approximately 450,000 different stock keeping units, including hardware, bearings, tools, electronic components and machined parts. Wesco Aircraft has more than 1,000 employees across 28 locations in 10 countries.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV