StandardAero chief executive Russell Ford has announced plans to retire at the end of this year, setting up a leadership transition at one of the largest independent maintenance, repair and overhaul providers in the United States. The Scottsdale, Arizona-based company said Paul McElhinney, currently its lead independent director, will become chief executive on Oct. 1, according to Aviation Week's June 3 industry update.
McElhinney brings more than three decades of aerospace and industrial leadership experience to the role. He has served on StandardAero's board since 2019 and previously held leadership positions at AE Industrial Partners, GE Power Services and GE Aerospace, giving him deep familiarity with both the engine aftermarket and the private investment landscape that has shaped the MRO sector in recent years.
Ford has led StandardAero through a period of significant growth, including its expansion across engine and airframe maintenance lines serving commercial, military and business aviation customers, and the company's return to the public markets. StandardAero operates an extensive network of facilities across North America and internationally, providing engine overhaul, component repair and airframe services.
The transition comes as U.S. engine MRO providers face record demand, driven by durability issues affecting newer-generation narrowbody powerplants and continued strength in air travel. Leadership continuity at major independents is being watched closely by airline customers as shop visit backlogs remain elevated across the industry.
Source: Aviation Week Network -- https://aviationweek.com/mro/mro-industry-rolling-daily-updates-june-2026