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StandardAero CEO resigns

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StandardAero president and CEO Rob Mironis has resigned and Firoz Tarapore, a director and member of the executive committee since 2007 has been named interim president and CEO.

The company said Mionis resigned to pursue other opportunities.

Steve Kelly, a spokesman for the company, said, "It was a decision between Rob and the board. He left on good terms with the company and everyone wishes him the best. His departure is unrelated to any issues we are facing today."

Tarapore will keep his board position and will serve as interim CEO until a permanent replacement has been identified.

"We are thankful for the loyal service and the many contributions Rob has made during his time with the company," said Tarapore. "We are making strong progress across all our core markets and remain committed to our customers and growth agenda. We will continue to deliver high standards of quality and customer service."

StandardAero is one of the world’s largest independent providers of engine maintenance repair and overhaul and its Winnipeg operations is the company’s largest. But the Tempe, Ariz.-based company also provides airframe maintenance, repair and overhaul, engine component repair, engineering services, interior completions and paint applications.

StandardAero is owned by Dubai Aerospace Enterprise (DAE) Ltd. That company is headquartered in Dubai and operates in four continents and employs over 4,000 people.

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