Vector Aerospace Corporation
TSX : RNO

Vector Aerospace Corporation

September 08, 2008 09:29 ET

Vector Aerospace Appoints New UK Managing Director

Vector Aerospace has appointed Tim Rice as Managing Director of Vector Aerospace, UK.

TORONTO, ONTARIO--(Marketwire – September 8, 2008) - Tim joins Vector from Messier-Dowty, part of the Safran Group, where he was Managing Director Messier Services and Group Vice President, Airbus and European Programmes Business Unit. Prior to that, Tim worked at Spirent Systems (formerly Penny & Giles Aerospace) as Executive Vice President and Commercial Director, and at Dowty Aerospace Wolverhampton as Commercial and Product Support Manager. Tim is a Fellow of the Royal Aeronautical Society, a Member of the Institution of Mechanical Engineers and a Chartered Engineer.

Having built up a wealth of experience in general management in the aerospace industry, Tim has a reputation for building high performance teams. He will be accountable for all aspects and operations of Vector Aerospace in the UK. This covers Vector Aerospace Engine Services UK Limited (formerly Sigma Aerospace), Vector Aerospace Component Services Almondbank and Vector Aerospace Helicopter Services Fleetlands.

The appointment is part of Vector Aerospace's strategy to strengthen the company's management structure within the UK since acquiring the former MoD's DARA businesses at Fleetlands and Almondbank.

Declan O'Shea, President and Chief Executive Officer of Vector Aerospace, said: "We're delighted that Tim has chosen to join Vector Aerospace at this important time in our development. Significantly for us, Tim was not actually looking to make a career change but became interested in Vector's growth mandate as well as having the opportunity to lead a team of people who are interested in making a real difference in the industry."

Declan O'Shea remains as Acting Managing Director for Vector in the UK until Tim takes up his position on October 20. Tim will be based at Vector Aerospace Helicopter Services Fleetlands, which is located in Gosport, Hampshire, United Kingdom.

Vector Aerospace Corporation, an independent provider of aviation repair and overhaul, supplies services to commercial and military customers for various types of gas turbine engines, components and helicopter structures from facilities in Canada, the United States, the United Kingdom and South Africa. The Company's shares trade on the Toronto Stock Exchange under the symbol RNO.

Contact Information

  • Vector Aerospace Corporation
    Declan O'Shea
    President and CEO
    (416) 925-1143
    or
    Vector Aerospace Corporation
    Randal L. Levine
    Senior Vice-President and Chief Financial Officer
    (416) 925-1143