LMI Aerospace Names New Senior Leaders, Makes Organizational Changes that Improve Operating Efficiency
05 January 2017 - 8:15AM
LMI Aerospace Inc. (Nasdaq:LMIA) has appointed Jay Inman as
president of Engineering Services, a role he had been serving on an
interim basis since September 2016. The company also has named
Keith Schrader as vice president of Operations, overseeing its
Aerostructures operations and supporting functions. Both positions
are effective immediately and they will report to LMI Chief
Executive Officer Dan Korte.
“Jay and Keith distinguished themselves as leaders in their
respective organizations as we navigated through key executive
vacancies in the second half of 2016,” Korte said. “This time gave
us the opportunity to take a closer look at our leadership
structure as we continue to focus on developing talent from within
and managing our business more efficiently. An added benefit of
these organizational changes is cost savings, allowing us to
balance how we run the business while making the necessary
investments in our operations and infrastructure to be ready for
anticipated production ramp-ups starting this year.”
Schrader previously served as vice president and general manager
of the Assembly & Machining Center of Excellence (COE), one of
two Aerostructures COEs that reported to a chief operating officer,
all roles the company has eliminated. In his new role, Schrader
will lead a consolidated operations organization comprising all of
the company’s assembly, machining, fabrication, composites and
processing sites, as well as operational support functions
including supply chain management; manufacturing engineering;
quality; and environment, health and safety.
With Inman’s promotion, the company has eliminated the role he
previously held as Engineering Services chief operating
officer.
About LMI AerospaceLMI Aerospace Inc. is a
leading supplier of structural assemblies, kits and components and
provider of engineering services to the commercial, business and
regional, and military aerospace markets. Manufacturing more than
40,000 products for a variety of platforms and providing turnkey
engineering capabilities to support aircraft lifecycles, LMI offers
complete, integrated solutions in aerostructures, engineering and
program management. Headquartered in St. Louis, LMI has 21
locations across the United States and in Mexico, the United
Kingdom and Sri Lanka. For more information, visit:
www.lmiaerospace.com.
Contact:
Amy Horton
Director, Corporate Communications
636-916-2130
ahorton@lmiaerospace.com
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