StandardAero, Inc. (SARO) Form 8-K — Jun 2, 2026
StandardAero, Inc. announced that Paul McElhinney, its current Lead Independent Director, will be appointed as Chief Executive Officer effective October 1, 2026. He succeeds Russell Ford, who is retiring as CEO but will remain as Executive Chairman through December 31, 2026, to ensure a seamless leadership transition. McElhinney’s new employment agreement includes a $1.1 million base salary, a $1 million sign-on bonus, and equity awards valued at $20 million ($15 million in options and $5 million in RSUs).
Key figures
- Ceo rsu value
- $5,000,000
- Ceo base salary
- $1,100,000
- Ceo option value
- $15,000,000
- Ceo sign on bonus
- $1,000,000
- Ceo target bonus pct
- 125%
- Ceo equity target pct
- 500%
Price after filing
Close on the filing date to close N calendar days later (from $25.14). Historical, not a forecast.
AI analysis
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