CHICAGO, Jan. 2 /CNW/ - The Board of Directors of Northstar Aerospace,
Inc. has announced the appointment of Michael J. Tkach as interim President
and Chief Executive Officer effective January 1, 2008.
Tkach, who joined the company's Board of Directors as non-executive
director in November, 2007, replaces Mark Emery, former President and Chief
Executive Officer, who resigned recently to take a senior role with The Jordan
Company, a private equity firm.
Donald Jackson continues as Executive Chairman of Northstar. Harry
Schmink, President, Gears and Transmissions, John Maris, President, D-Velco
Manufacturing and Craig Yuen, Chief Financial Officer, continue in their roles
reporting to Tkach.
Prior to joining Northstar, Tkach was responsible for all rotorcraft
systems programs and supporting functional activities as Vice President and
General Manager, Boeing Rotorcraft Systems, a division of the Precision
Engagement and Mobility Systems business unit with facilities in
Philadelphia, PA and Mesa, AZ. Rotorcraft programs included the AH-64D Apache
Longbow, the CH-47F/MH-47G Chinook, the MV-22/CV-22 Osprey and Advanced
Rotorcraft Systems, a division of Boeing Phantom Works. He retired from Boeing
earlier this year.
Mr. Tkach spent 11 years in the U.S. Navy as a carrier and test pilot. He
is a graduate of the U.S. Naval Academy and the University of Southern
California where he earned a Master's Degree in Systems Engineering.
Donald Jackson, Executive Chairman said:
"Michael Tkach's knowledge and experience in the manufacture of major
rotorcraft programs will be important assets in the near term as the
company continues to focus on the translation of record backlog into
profitable growth. For the longer term, his broad international
aerospace knowledge and executive credentials will be key factors in
identifying the specific leadership style and skills required by a new,
full-time chief executive and, ultimately, in selecting the best person
for this critical role."
Northstar Aerospace Inc. (www.nsaero.com) is North America's leading
independent manufacturer of flight critical gears and transmissions. Northstar
is a public company (TSX:NAS) with operating subsidiaries in the United States
and Canada. Its principal products include helicopter gears and transmissions,
accessory gearbox assemblies, rotorcraft drive systems and other machined and
fabricated parts. It also provides maintenance, repair and overhaul of
helicopter engines and transmissions. The company's executive offices are
located in Chicago, Illinois. Its plants are located in Chicago; Phoenix,
Arizona; Stroud, Oklahoma; Anderson, Indiana; and Milton and Windsor, Ontario.
For further information:
For further information: Craig Yuen, Chief Financial Officer, (708)