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David Storch Biography and Net Worth

Director of AAR

David P. Storch is the Non-Executive Chairman of the Board for AAR, a leading provider of aviation services for commercial and government customers in more than 100 countries.

Storch joined AAR in 1979 with responsibility for developing the Company’s aircraft engine business. Through his leadership, the business flourished and, in 1987, Storch was named President of the AAR Trading Group. He went on to become President and Chief Operating Officer of the Company in 1989, and then Chief Executive Officer—the second since the Company was incorporated in 1955—from 1996 until his retirement on May 31, 2018. Storch assumed the additional post of Chairman of AAR in October 2005.

Under his leadership, AAR was twice named One of America's Most Trusted Companies by Forbes magazine. Storch was recognized with an Ernst & Young Entrepreneur of the Year Award in 2012. In 2010 he was awarded the USO Salute to Leadership Award and in 2011 he was awarded with both the Anti-Defamation League’s Torch of Liberty Award and the Wilbur Wright Award. In 2015 Storch was the inaugural recipient of Penton Aviation Week Network’s Gilbert W. Speed Award. In 2016 he was awarded the Leroy R. Grumman Award from the Cradle of Aviation Museum and in 2018 was honored with both a Lifetime Achievement Award from Aviation Week magazine and A Disciplined Life Award for his work with Perspectives Charter Schools in Chicago.

Storch serves on the Board of the publicly held company, Kemper Corporation. He also serves as a Board Member of the Business Executives for National Security and as a Board Member Emeritus of the Smithsonian National Air & Space Museum. Storch holds a Bachelor of Arts Degree from Ithaca College.

He is married to Leslie and they have 3 children and 7 grandchildren.

What is David P. Storch's net worth?: The estimated net worth of David P. Storch is at least $17.87 million as of October 13th, 2022. Mr. Storch owns 295,090 shares of AAR stock worth more than $17,873,601 as of December 23rd. This net worth approximation does not reflect any other assets that Mr. Storch may own. Learn More about David P. Storch's net worth.
How do I contact David P. Storch?: The corporate mailing address for Mr. Storch and other AAR executives is ONE AAR PLACE 1100 N. WOOD DALE ROAD, WOOD DALE IL, 60191. AAR can also be reached via phone at (630) 227-2000 and via email at [email protected]. Learn More on David P. Storch's contact information.
Has David P. Storch been buying or selling shares of AAR?: David P. Storch has not been actively trading shares of AAR during the last ninety days. Most recently, David P. Storch sold 20,000 shares of the business's stock in a transaction on Thursday, October 13th. The shares were sold at an average price of $39.09, for a transaction totalling $781,800.00. Following the completion of the sale, the director now directly owns 295,090 shares of the company's stock, valued at $11,535,068.10. Learn More on David P. Storch's trading history.
Who are AAR's active insiders?: AAR's insider roster includes Anthony Anderson (Director), Michael Boyce (Director), John Holmes, III (CEO), Eric Pachapa (CAO), and David Storch (Director). Learn More on AAR's active insiders.
Are insiders buying or selling shares of AAR?: During the last year, insiders at the aerospace company sold shares 6 times. They sold a total of 100,770 shares worth more than $6,387,031.36. The most recent insider tranaction occured on May, 6th when SVP Christopher A Jessup sold 15,929 shares worth more than $1,116,463.61. Insiders at AAR own 4.1% of the company. Learn More about insider trades at AAR.
Information on this page was last updated on 5/6/2024.

David P. Storch Insider Trading History at AAR

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
10/13/2022	Sell	20,000	$39.09	$781,800.00	295,090
8/10/2022	Sell	25,000	$46.81	$1,170,250.00	315,090
4/12/2022	Sell	72,409	$50.15	$3,631,311.35	337,516
3/24/2022	Sell	47,500	$50.83	$2,414,425.00
2/2/2022	Sell	49,330	$40.76	$2,010,690.80
1/31/2022	Sell	16,307	$40.10	$653,910.70
4/6/2021	Sell	2,000	$42.12	$84,240.00	407,303
3/25/2021	Sell	23,826	$42.58	$1,014,511.08	750,469
1/12/2021	Sell	29,793	$38.91	$1,159,245.63	246,390
1/14/2020	Sell	9,663	$45.95	$444,014.85	493,364
1/9/2020	Sell	25,000	$46.82	$1,170,500.00	521,991
1/10/2019	Sell	30,000	$38.72	$1,161,600.00	612,822
10/15/2018	Sell	22,570	$44.05	$994,208.50	587,852
10/4/2018	Sell	18,800	$46.98	$883,224.00	619,222
7/26/2018	Sell	63,736	$47.20	$3,008,339.20	705,281
7/20/2018	Sell	11,764	$47.07	$553,731.48	819,945
4/5/2018	Sell	48,500	$43.73	$2,120,905.00	666,673
3/28/2018	Sell	50,000	$44.02	$2,201,000.00	667,259
1/16/2018	Sell	126,679	$41.53	$5,260,978.87	759,639
4/15/2015	Sell	119,004	$30.38	$3,615,341.52

David P. Storch Buying and Selling Activity at AAR

AAR Company Overview

AAR Corp. provides products and services to commercial aviation, government, and defense markets worldwide. The Parts Supply segment leases and sells aircraft components and replacement parts. The Repair & Engineering segment provides airframe maintenance services, such as airframe inspection, painting, line maintenance, airframe modification, structural repair, avionics service and installation, exterior and interior refurbishment, and engineering and support services; component repair services comprising maintenance, repair, and overhaul (MRO) services, engine and airframe accessories, and interior refurbishment; and landing gear overhaul services, including repair services on wheels and brakes. This segment also develops specific aircraft components and parts; and designs proprietary designated engineering representative repairs. The Integrated Solutions segment engages in the fleet management and operation of customer-owned aircraft; provision of supply chain logistics services, such as material planning, sourcing, logistics, information and program management, and parts and component repair and overhaul services; and flight hour component inventory and repair services. In addition, the segment provides integrated software solutions comprising Trax, a cloud-based electronic enterprise resource platform, as well as a suite of paperless mobility apps for automating MRO workflows. The Expeditionary Services segment designs, manufactures, and repairs transportation pallets; and containers and shelters for military and humanitarian tactical deployment activities, including armories, supply and parts storage, refrigeration systems, tactical operation centers, briefing rooms, laundry and kitchen facilities, water treatment, and sleeping quarters, as well as engages in provision of engineering, design, and system integration services for specialized command and control systems. AAR Corp. was founded in 1951 and is headquartered in Wood Dale, Illinois.

Today's Range

Now: $60.04

$59.51

$60.81

50 Day Range

MA: $64.63

$58.40

$70.82

2 Week Range

Now: $60.04

$54.71

$76.34

Volume

64,657 shs

Average Volume

297,011 shs

Market Capitalization

$2.16 billion

P/E Ratio

32.99

Dividend Yield

N/A

Beta

1.59

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