WHITE PLAINS, January 10, 2022 — Loar Group Inc. (the “Company”), a leading provider of niche aerospace and defense components, announced today that Carol Marinello has joined the organization as Executive Vice President. Ms. Marinello will have operation, financial, and strategic oversight of BAM Inc. (Knoxville, TN) and SMR Technologies (Fenwick, WV).
Ms. Marinello comes to Loar with over 20 years in the Aerospace and Defense industry; most recently holding the role of President at TA Aerospace. During her tenure Ms. Marinello led the organization’s transition to new ownership while also expanding Bookings, EBITDA, and Sales. Prior to TA, Ms. Marinello held executive leadership roles at Crane Aerospace, BAE Systems, and Northrop Grumman. Carol attended the University of California, Los Angeles, California State University, and National University from which she holds multiple degrees. Ms. Marinello is also a Board Director of Women in Defense, Greater Los Angeles Chapter.
“Carol has a track record of delivering superior results while creating an intentional culture. We are thrilled to have Carol’s extensive talent in the Loar Family” said Dirkson Charles, Loar Group’s Chief Executive Officer and Co-Chairman of the Board of Directors. “The Loar family of companies welcomes Carol to the Team”, continued Mr. Charles.
“I am very excited to be joining such a talented leadership team and an organization passionate about both culture and results. I’m honored to have the opportunity to be one of the leaders of such a diversified Group of companies under the Loar umbrella, support our industry and assist in the next chapter of the Loar Group’s growth and success” stated Ms. Marinello.
About Loar Group
Loar Group, Inc. is a diversified manufacturer and supplier with established relationships across leading aerospace and defense OEMs and Tier Ones worldwide. The Company’s mandate is to create a strategic global alliance of companies specializing in the design and manufacture of aerospace and defense components. Loar provides its partners and customers with innovative, cost-effective engineering and manufacturing capabilities and responsive, dependable service, leading to profitable and sustainable long-term relationships.