David P.  Storch net worth and biography

David Storch Biography and Net Worth

Director of AAR
David P. Storch is the Non-Executive Chairman of the Board for AAR, a leading provider of aviation services for commercial and government customers in more than 100 countries. 
 
Storch joined AAR in 1979 with responsibility for developing the Company’s aircraft engine business. Through his leadership, the business flourished and, in 1987, Storch was named President of the AAR Trading Group. He went on to become President and Chief Operating Officer of the Company in 1989, and then Chief Executive Officer—the second since the Company was incorporated in 1955—from 1996 until his retirement on May 31, 2018. Storch assumed the additional post of Chairman of AAR in October 2005. 
 
Under his leadership, AAR was twice named One of America's Most Trusted Companies by Forbes magazine. Storch was recognized with an Ernst & Young Entrepreneur of the Year Award in 2012. In 2010 he was awarded the USO Salute to Leadership Award and in 2011 he was awarded with both the Anti-Defamation League’s Torch of Liberty Award and the Wilbur Wright Award. In 2015 Storch was the inaugural recipient of Penton Aviation Week Network’s Gilbert W. Speed Award. In 2016 he was awarded the Leroy R. Grumman Award from the Cradle of Aviation Museum and in 2018 was honored with both a Lifetime Achievement Award from Aviation Week magazine and A Disciplined Life Award for his work with Perspectives Charter Schools in Chicago.
 
Storch serves on the Board of the publicly held company, Kemper Corporation. He also serves as a Board Member of the Business Executives for National Security and as a Board Member Emeritus of the Smithsonian National Air & Space Museum. Storch holds a Bachelor of Arts Degree from Ithaca College.
 
He is married to Leslie and they have 3 children and 7 grandchildren.

What is David P. Storch's net worth?

The estimated net worth of David P. Storch is at least $17.66 million as of October 13th, 2022. Mr. Storch owns 295,090 shares of AAR stock worth more than $17,655,235 as of March 29th. This net worth approximation does not reflect any other assets that Mr. Storch may own. Learn More about David P. Storch's net worth.

How do I contact David P. Storch?

The corporate mailing address for Mr. Storch and other AAR executives is ONE AAR PLACE 1100 N. WOOD DALE ROAD, WOOD DALE IL, 60191. AAR can also be reached via phone at (630) 227-2000 and via email at [email protected]. Learn More on David P. Storch's contact information.

Has David P. Storch been buying or selling shares of AAR?

David P. Storch has not been actively trading shares of AAR in the last ninety days. Most recently, David P. Storch sold 20,000 shares of the business's stock in a transaction on Thursday, October 13th. The shares were sold at an average price of $39.09, for a transaction totalling $781,800.00. Following the completion of the sale, the director now directly owns 295,090 shares of the company's stock, valued at $11,535,068.10. Learn More on David P. Storch's trading history.

Who are AAR's active insiders?

AAR's insider roster includes Anthony Anderson (Director), Michael Boyce (Director), John Holmes, III (CEO), Eric Pachapa (CAO), and David Storch (Director). Learn More on AAR's active insiders.

Are insiders buying or selling shares of AAR?

During the last year, insiders at the aerospace company sold shares 14 times. They sold a total of 140,273 shares worth more than $8,290,837.67. The most recent insider tranaction occured on October, 12th when Director Peter Pace sold 5,561 shares worth more than $328,599.49. Insiders at AAR own 4.3% of the company. Learn More about insider trades at AAR.

Information on this page was last updated on 10/12/2023.

David P. Storch Insider Trading History at AAR

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
10/13/2022Sell20,000$39.09$781,800.00295,090View SEC Filing Icon  
8/10/2022Sell25,000$46.81$1,170,250.00315,090View SEC Filing Icon  
4/12/2022Sell72,409$50.15$3,631,311.35337,516View SEC Filing Icon  
3/24/2022Sell47,500$50.83$2,414,425.00View SEC Filing Icon  
2/2/2022Sell49,330$40.76$2,010,690.80View SEC Filing Icon  
1/31/2022Sell16,307$40.10$653,910.70View SEC Filing Icon  
4/6/2021Sell2,000$42.12$84,240.00407,303View SEC Filing Icon  
3/25/2021Sell23,826$42.58$1,014,511.08750,469View SEC Filing Icon  
1/12/2021Sell29,793$38.91$1,159,245.63246,390View SEC Filing Icon  
1/14/2020Sell9,663$45.95$444,014.85493,364View SEC Filing Icon  
1/9/2020Sell25,000$46.82$1,170,500.00521,991View SEC Filing Icon  
1/10/2019Sell30,000$38.72$1,161,600.00612,822View SEC Filing Icon  
10/15/2018Sell22,570$44.05$994,208.50587,852View SEC Filing Icon  
10/4/2018Sell18,800$46.98$883,224.00619,222View SEC Filing Icon  
7/26/2018Sell63,736$47.20$3,008,339.20705,281View SEC Filing Icon  
7/20/2018Sell11,764$47.07$553,731.48819,945View SEC Filing Icon  
4/5/2018Sell48,500$43.73$2,120,905.00666,673View SEC Filing Icon  
3/28/2018Sell50,000$44.02$2,201,000.00667,259View SEC Filing Icon  
1/16/2018Sell126,679$41.53$5,260,978.87759,639View SEC Filing Icon  
4/15/2015Sell119,004$30.38$3,615,341.52View SEC Filing Icon  
See Full Table

David P. Storch Buying and Selling Activity at AAR

This chart shows David P Storch's buying and selling at AAR by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

AAR Company Overview

AAR logo
AAR Corp. provides products and services to commercial aviation, government, and defense markets worldwide. It operates through Aviation Services and Expeditionary Services segments. The Aviation Services segment engages in lease and sale of new, overhauled and repaired engine, and airframe parts and components, as well as aircrafts; and offers customized flight hour component inventory and repair, warranty claim management, and outsourcing programs for engine and airframe parts and components. This segment also provides fleet management and operations of customer-owned aircraft for the U.S. Department of State; customized performance-based supply chain logistics programs, which includes material planning, sourcing, logistics, information and program management, airframe and maintenance planning, and component repair, and overhaul services for U.S. Department of Defense and foreign governments. Further, it offers airframe inspection, maintenance, repair and overhaul, painting services, line maintenance, modifications, structural repairs, avionics service and installation, exterior and interior refurbishment, and engineering services and support; and repair and overhaul components including landing gears, wheels, and brakes for commercial and military aircraft; and operates six airframe maintenance facilities and one landing gear overhaul facility. The Expeditionary Services segment designs, manufactures, and repairs transportation pallets and containers and shelters for military and humanitarian tactical deployment activities, including armories, supply and parts storage, refrigeration systems, tactical operation centers, briefing rooms, laundry and kitchen facilities, water treatment, and sleeping quarters, as well as engages in provision of engineering, design, and system integration services for specialized command and control systems. AAR Corp. was founded in 1951 and is headquartered in Wood Dale, Illinois.
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Today's Range

Now: $59.83
Low: $59.83
High: $61.12

50 Day Range

MA: $63.12
Low: $57.63
High: $68.81

2 Week Range

Now: $59.83
Low: $50.06
High: $73.95

Volume

414,099 shs

Average Volume

328,390 shs

Market Capitalization

$2.12 billion

P/E Ratio

35.19

Dividend Yield

N/A

Beta

1.68