Aviation Distributors Appoints New Chairman and CEO.LAKE FOREST, Calif.--(BUSINESS WIRE)--Dec. 2, 1999-- Aviation Distributors, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ADIN Adin (ā`dĭn), in the Bible, family that returned from Exile. ), a leading aircraft parts redistributor and provider of inventory management services to major commercial airlines worldwide, announced today the appointment of William D. King as the company's new Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . Saleem Naber, who served as the company's interim CEO and President since March 1998, announced his retirement, but will remain as a Director of the Company. King has an extensive and diverse background in managing both large and small private concerns. He has held key management positions since 1969. From 1990 to 1994, he served as Executive Vice President and President of the Electrical and Mechanical Group for JWP JWP Jamhoori Watan Party (Pakistan) JWP Joint Working Party JWP Joint Warfare Publication JWP Joint Warfighting Panel , Inc. From 1979 to 1990, King served as President and COO of the IT Group, a NYSE NYSE See: New York Stock Exchange company. King holds a MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from Harvard University's Graduate School of Business Administration and a BS from the University of North Carolina. Commenting on his appointment, King stated "Saleem Naber did an excellent job of turning the company around and we are pleased that he has agreed to remain on our Board. In the more than six months that I have been consulting with Aviation Distributors, I have concluded it is a company with significant growth opportunities. I look forward to assisting the company to realize its potential and, as a consequence, create shareholder value." About Aviation Distributors, Inc. Aviation Distributors is a leading aircraft parts redistributor and provider of inventory management services to major commercial airlines worldwide. The company deals directly with its customers throughout the world and has agents in Jordan, Indonesia, Malaysia, India, Pakistan, Chile, and Brazil with its headquarters in Lake Forest. |
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