Liberty Hall Capital Partners Expands Senior Leadership of AIM Aerospace Corporation
Appoints Jim Naylor as SVP and CFO and Robert Murdock as SVP of Business Development for Newly Launched Platform
NEW YORK / RENTON, Wash. – March 1, 2016 – Liberty Hall Capital Partners (“Liberty Hall”), a private equity firm focused exclusively on investments in businesses serving the global aerospace and defense industry, today announced the appointment of Jim Naylor as Senior Vice President and Chief Financial Officer and Robert Murdock as Senior Vice President of Business Development of AIM Aerospace. AIM Aerospace, a leading, independent supplier of composite ducting, substructural and interiors parts for the commercial aerospace industry, was acquired by Liberty Hall in February 2016 and represents Liberty Hall’s second platform. Mr. Naylor and Mr. Murdock will join the current AIM Aerospace senior leadership team and will report to John Feutz, President of AIM Aerospace.
“As we embark on our recently launched strategy of building a fully-integrated, diversified composites supplier through AIM Aerospace, it is crucial that we have a complete and experienced senior leadership team in place to execute our vision,” said Rowan Taylor, Liberty Hall’s founding Partner. “Jim and Robert both bring technical acumen, deep knowledge of the global aerospace supply chain and broader composites segment of the industry, and a proven track record of exceptional leadership and financial excellence with companies of all stages. These attributes complement the outstanding management already in place through the leadership of John Feutz and the rest of his team. We’re excited to work with Jim and Robert and look forward to identifying new opportunities to together build AIM Aerospace.”
Mr. Naylor has more than 30 years of experience across the aerospace and industrials sectors in leading corporate and divisional accounting, financial reporting, M&A, operating finance, treasury, tax and SOX compliance. He joins AIM Aerospace from Precision Castparts Corporation (PCC) where he served as Division Controller and was responsible for the financial and operational reporting, internal controls and banking operations of more than 30 businesses in PCC’s Aerostructures division. Mr. Naylor joined PCC as a result of PCC’s acquisition of Primus International Inc., where he served as Corporate Controller and worked with Rowan Taylor. Mr. Naylor previously worked for a number of businesses, including the Goodrich Company and AT&T Broadband. Mr. Naylor earned his B.A. in Economics from the University of Western Ontario and his MBA from the University’s Richard Ivey School of Business.
Mr. Murdock brings more than 23 years of experience in business development, strategic planning and general management, primarily in the composites segment of the aerospace industry, to his role at AIM Aerospace. He joins from Orbital ATK where he served as VP of Business Development in its Aerospace Structures Division. There, he was responsible for new business growth, setting and implementing the strategic direction of the division and interfacing with government agencies. Prior to Orbital ATK, Mr. Murdock was President of B4 Composites Inc., a Utah based start-up business focused on highly engineered pultruded composite profiles for compression molding and filament winding programs. Mr. Murdock has also held senior leadership positions at Zoltek Carbon Fiber and Entec Composite Machines. He earned his B.S. in Business from Brigham Young University.
Mr. Naylor commented: “I am pleased to join the existing AIM Aerospace management team and apply my experiences to the role of CFO. This opportunity will also allow me to return to managing a private equity owned business and work closely with Rowan again. I look forward to helping AIM Aerospace continue to implement its strategic plan by focusing on financial and operational excellence.”
Mr. Murdock added: “The creation of AIM represents a compelling opportunity to build an independent composites supplier and I look forward to building upon my experience and working with John, Jim and the rest of the AIM Aerospace management team.”
About Liberty Hall Capital Partners
Liberty Hall Capital Partners is a private equity firm focused exclusively on investments in businesses serving the global aerospace and defense industry. Liberty Hall’s principals have a 20-plus year history of working together and have led the investment of $2.2 billion in equity capital in businesses serving multiple segments of the aerospace and defense industry and complementary industrial end markets. Liberty Hall develops actionable investment strategies for attractive segments of the aerospace and defense industry and then partners with entrepreneurs and management teams to acquire leading businesses serving these segments and, together with them, develops sound, long-term strategic plans to build these businesses through a combination of strategic investments and strategic acquisitions. For more information, please visit http://www.libertyhallcapital.com/.
About AIM Aerospace
AIM Aerospace Corporation is a leading independent supplier of composite ducting, substructural and interiors parts for the commercial aerospace industry. Formed through the acquisition of AIM Group in 2016, AIM Aerospace’s multiple and highly complementary capabilities allow the delivery of products to customers with optimal cost, quality and delivery. Based in Renton with additional facilities located in Auburn and Sumner, Washington, AIM Aerospace is currently executing a strategic plan to build its business through strategic investments in further capabilities, customers and platforms. For more information, please visit http://www.aim-aerospace.com/.
For Liberty Hall: For US Media:
Rowan Taylor Nicole Madison
Liberty Hall Capital Partners FTI Consulting
P: +1 (646) 291-2602 P: +1 (212) 850-5647
For AIM Aerospace:
P: +1 (425) 235-2750