Richard J. Weller

Valencia-based Wesco Aircraft Holdings Inc., a leading provider of comprehensive supply chain management services to the global aerospace industry,  announced Friday that its board of directors has appointed Richard J. Weller as executive vice president and chief financial officer, effective May 4.

Weller succeeds Gregory A. Hann, who retired on March 31, 2015. K. Lynn Mackison, who is serving as acting chief financial officer in the interim period, will continue as vice president and global controller, a position she has held with the company since January 2015.

Randy Snyder, chairman of the board, said, “We are very excited to welcome Rick to Wesco Aircraft. He brings extensive corporate and division-level finance and accounting experience to Wesco, with long-standing tenure at major publicly traded companies. Rick’s background includes senior financial roles at Ingersoll-Rand, where he served as corporate controller and chief financial officer for a $2 billion revenue sector. Rick also held significant leadership positions at Textron, where he had experience working with some of Wesco’s largest customers and suppliers as the global finance leader and the general manager of North America for Textron Fastening Systems. Rick’s expertise in financial planning and analysis, information technology, and mergers and acquisitions integration will be particularly vital to Wesco.”

Rick Weller said, “I am looking forward to joining Wesco Aircraft. I plan to bring a disciplined approach to our finance organization, working with President and Chief Executive Officer Dave Castagnola and the rest of the Wesco management team to instill greater rigor in financial processes, planning and analysis as we complete the integration of Haas Group and drive more efficient operations. I believe there are significant opportunities to build a performance-oriented culture at Wesco as we deliver more consistent operational execution, improve financial performance and enhance shareholder value. Wesco Aircraft has a great history, and I’m excited to be a part of its future.”

Mr. Weller was previously vice president and global controller for Ingersoll-Rand plc, a $13 billion global company that is composed of a diverse array of business and market-leading brands serving customers in global commercial, industrial and residential markets. Mr. Weller also served as vice president of finance and chief financial officer of the Securities Technologies sector (now Allegion plc) at Ingersoll-Rand. Prior to this, Mr. Weller held senior-level financial and general management positions at Textron Inc., a $14 billion company with a global network of aircraft, defense and intelligence, and industrial and finance businesses. His roles at Textron included having full profit and loss responsibility for the company’s North America Fastening Systems operations, as well as global oversight of its finance, information technology, strategy, pricing, business development and operations.

Mr. Weller has a Bachelor of Science degree in Accounting from LeMoyne College in Syracuse, New York.

About Wesco Aircraft

Wesco Aircraft is one of the world’s largest distributors and providers of comprehensive supply chain management services to the global aerospace industry. The company’s services range from traditional distribution to the management of supplier relationships, quality assurance, kitting, just-in-time delivery and point-of-use inventory management. The company believes it offers one of the world’s broadest inventories of aerospace products, comprised of more than 575,000 active stock keeping units, including hardware, bearings, tools, electronic components, machined parts and chemicals. Wesco Aircraft has more than 2,700 employees across 80 locations in 19 countries.

To learn more about Wesco Aircraft, visit www.wescoair.com.