Northstar Aerospace Inc. appoints Chief Strategy Officer, names new Chief
Financial Officer

    
    LISTED: TSX
    SYMBOL: NAS                Common Shares
    

CHICAGO, Nov. 16 /CNW/ - Northstar Aerospace Inc. has appointed Craig Yuen to the new role of Chief Strategy Officer and named Greg Schindler as the company's Chief Financial Officer.

Mr. Yuen, formerly Chief Financial Officer for the company, will focus on strategy for the future growth and development of the business and be responsible for strategic planning and implementation, risk management and business development.

Mr. Schindler joins Northstar as Chief Financial Officer from the Aerospace Group of Rexnord Industries, LLC where he was Vice President and Chief Financial Officer. Rexnord's Aerospace Group is a leading producer of precision aerospace bearings and seals used in a variety of applications for commercial and military aircraft. Schindler is a Certified Public Accountant and earned a Master of Business Administration degree from Creighton University.

"Our executive team has been focused on improving manufacturing performance for the past 18 months and we have made important gains as revenues continue to grow and margins are increasing. The appointment of Craig Yuen as Chief Strategy Officer reflects our intention to position the company for continued growth. We are fortunate to attract an experienced aerospace manufacturing executive such as Greg Schindler for the Chief Financial Officer role," said Glenn Hess, President and Chief Executive Officer, Northstar Aerospace, Inc.

Northstar Aerospace, Inc. (www.nsaero.com) is North America's leading independent manufacturer of flight critical gears and transmissions. Northstar Aerospace 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 transmissions and drive systems. The Company's executive offices are located in Chicago, Illinois. Its plants are located in Chicago, Illinois; Phoenix, Arizona; Anderson, Indiana; and Milton and Windsor, Ontario.

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SOURCE Northstar Aerospace

For further information: For further information: Craig Yuen, Chief Strategy Officer, Vice President Strategic Planning and Implementation, (708) 728-2121 or cyuen@nsaero.com

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Northstar Aerospace

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