CHICAGO, June 22, 2012 /PRNewswire/ — AAR, a leading provider of products and services to the worldwide aviation and defense industries, announced today that David P. Storch, Chairman and Chief Executive Officer, received the Ernst Young Entrepreneur of the Year 2012 Midwest Award in the Master Entrepreneur category.
“The award recognizes outstanding entrepreneurs who demonstrate excellence and extraordinary success in areas such as innovation, financial performance and personal commitment to their businesses and communities. Mr. Storch was selected by an independent panel of judges, and we were honored to recognize him at our June 21, 2012 gala event,” said Randall L. Tavierne, Ernst Young Entrepreneur of the Year Program Director.
AAR was incorporated in 1955. Storch became the Company’s second CEO in 1996 and, since then, has grown sales 309%. Guided by his entrepreneurial vision, AAR embraced a long-term strategy to diversify the business, expand its presence and become a more integral part of its customers’ value chains. As Storch explains, “Over the years, AAR demonstrated the ability to turn adversity into opportunity, each time emerging a smarter, stronger and more competitive organization. I attribute this to a sharp focus on innovation and execution and the outstanding team that makes it happen every day.”
Storch serves on the boards of the Chicago Urban League, The Executives’ Club of Chicago,
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