John M. Holmes is the current CEO of AAR Corp, a company that specializes in aviation services. He stepped into the top role on June 1, 2018, after being with the company in various capacities since 2016. Highlighting his commitment...

John M. Holmes is the current CEO of AAR Corp, a company that specializes in aviation services. He stepped into the top role on June 1, 2018, after being with the company in various capacities since 2016. Highlighting his commitment to the firm, Holmes previously served as the President and Chief Operating Officer, playing a major part in boosting operations. He holds a Bachelor's degree in Business Administration from the University of Michigan, which laid the foundation for his strong background in operations. Under his leadership, AAR has faced challenges like the COVID-19 pandemic, during which he demonstrated resilience and strategic thinking. His annual compensation in 2023 was an impressive $7.87 million, with a salary of $1.05 million and significant bonuses tying directly to company performance. Holmes is known for linking his financial rewards to actual company results, aligning his interests with those of shareholders. Overall, his journey reflects a deep understanding of the business, strong leadership, and a focus on performance metrics, keeping AAR on a steady course toward growth.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other AAR Corp CEOs

A

John M. Holmes

CEO of AAR Corp

Education

Bachelor's degree in Business Administration from the University of Michigan.

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

January 1, 1973 - 52 years ago

CEO of AAR Corp for

7 years 0 months (Jun 2018 - Present)

Previous Experience

President and Chief Operating Officer of AAR Corp. since June 2017; various roles since joining AAR in 2001.

Rivals

Competitors/colleagues of John M. Holmes

C

David C. Adams

CEO of Curtiss-Wright

2023 Compensation

Stock

$0.00

Salary

$1.00M

Bonus

$0.00

Other

$0.00

Total Holdings

$16.02M

C

Lynn M. Bamford

CEO of Curtiss-Wright

2023 Compensation

Stock

$1.33M

Salary

$989.23K

Bonus

$0.00

Other

$44.14K

Total Holdings

$8.63M

H

John C. Plant

CEO of Howmet Aerospace

2020 Compensation

Stock

$37.35M

Salary

$1.60M

Bonus

$0.00

Other

$140.00K

Total Holdings

$480.78M

I

Nicholas Fanandakis

CEO of ITT

2023 Compensation

Stock

$0.00

Salary

$1.09M

Bonus

$0.00

Other

$158.98K

Total Holdings

$1.45M

Holdings

See how much did John M. Holmes make over time.

John M. Holmes’ financial stake in AAR Corp has seen notable changes over the years. His holdings reflect a significant commitment to the company, especially during crucial periods. As of 2023, his total compensation included around $7.87 million, showing a...

John M. Holmes’ financial stake in AAR Corp has seen notable changes over the years. His holdings reflect a significant commitment to the company, especially during crucial periods. As of 2023, his total compensation included around $7.87 million, showing a robust performance alignment. Notably, his vested stock and options could mean substantial wealth tied to the company's success. In 2019, for instance, he was compensated around $3.34 million. His stock options are expected to vest progressively, reflecting confidence in the company’s performance over time. Overall, his financial interests seem tightly integrated with the company's trajectory, which is an interesting facet of his leadership approach. Holmes’ compensation is not just a salary; it’s a direct reflection of the value he brings to AAR.

Mar 18, 2025

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shares

AIR @ $67.76

Total Stock Sold

$42.82M

AIR

$42.82M

826,612 AIR shares

What if they kept their stock?

If John M. Holmes didn't sell their stock, today they would have:
Extra AIR826,612 shares worth $19.24M.
This is -55.06% and $23.57M less than what they got when they sold the stock.

Charitable Transactions

AIR

9,000 shares

AIR

Recent Charitable Transactions

AIR

3,000 shares

AIR

Jan 22, 2025

Charity

AIR

3,000 shares

AIR

Apr 17, 2023

Charity

AIR

3,000 shares

AIR

Aug 9, 2022

Charity

Insider Trading

See recent insider trades of John M. Holmes.

AIR

3,000 shares

AIR

Jan 22, 2025

Charity

AIR

$354.03K

AIR at $70.81/share

Jan 17, 2025

Sale

AIR

$8.56M

AIR at $66.63/share

Jan 10, 2025

Sale

AIR

$4.03M

AIR at $67.02/share

Jul 22, 2024

Received

AIR

25,440 shares

AIR

Jul 9, 2024

Received

AIR

$3.37M

AIR at $58.76/share

Apr 2, 2024

Sale

AIR

$609.91K

AIR at $60.99/share

Oct 11, 2023

Sale

AIR

$729.88K

AIR at $59.04/share

Oct 4, 2023

Sale

AIR

$4.36M

AIR at $60.04/share

Sep 28, 2023

Sale

AIR

$299.16K

AIR at $60.32/share

Aug 10, 2023

Sale

Compensation History

See how much did John M. Holmes make over time.

In 2023, John M. Holmes earned a total compensation package of $7,865,450 at AAR Corp. His salary was $1,050,000, and he received bonuses that amounted to $2,242,800, both of which were linked to performance metrics like earnings per share and working capital turns. Additionally, he had vested stock worth $818,111 tied to long-term performance-based awards, allowing him to benefit from sustained company success. Over the years, his earnings have fluctuated significantly: in 2022, he made $2,078,239, underscoring the rise in his compensation due to improved performance metrics and strategic decision-making. Holmes' compensation philosophy emphasizes performance-based incentives, ensuring his interests are in line with the company's stakeholders. This approach not only motivates him but aligns his financial gains with the long-term growth of AAR.

Year

2023

Total Compensation

$4.59M

Salary

$1.05M

Board Justification

The compensation philosophy targets total pay opportunities for executive officers within a competitive range around the median of the market, emphasizing performance-based compensation to align with company performance and stockholder interests.

Bonus

$2.24M

Board Justification

Annual cash bonuses are linked to two key performance metrics: adjusted diluted earnings per share from continuing operations (80%) and adjusted net working capital turns (20%).

Other

$482.26K

Board Justification

Includes contributions to retirement plans, perquisites, and other personal benefits.

Restricted Stock

$818.11K(14.04K time-based restricted stock)

Board Justification

Time-based restricted stock that vests 100% on July 31, 2026.

Performance Metrics

Adjusted diluted earnings per share from continuing operations and adjusted net working capital turns.

Other AAR Corp CEOs

Here are other CEOs of AAR Corp

David P. Storch

Ex-CEO of AAR Corp

October 2005 - May 2018