July 14th, 2014, Chicago, IL — According to an announcement today, Oscar E. Torres has been appointed President and Chief Operating Officer of Kellstrom Materials. Prior to his appointment, Mr. Torres was Chief Financial Officer of Kellstrom Aerospace, the parent company of Kellstrom Materials. Mr. Torres initially joined Kellstrom Aerospace in 1999 as Vice President of Finance and Corporate Controller and was appointed Chief Financial Officer early in 2000. Mr. Torres has served on the Board of Managers of Kellstrom Aerospace since 2007.
Prior to joining Kellstrom, Mr. Torres held various positions with KPMG LLP. At KPMG, he provided audit and consulting services to clients of the firm’s National Transportation Practice. In this capacity, he was responsible for auditing the financial statements and monitoring the SEC and other regulatory compliance of multi-billion dollar transportation companies.
In his new role, Mr. Torres reports directly to the Company’s Board of Directors and is responsible for all aspects of the operations of Kellstrom Materials. Kellstrom Materials is a leading supply chain provider and distributor of commercial aircraft parts and systems to air transport operators and maintenance providers worldwide.
Mr. Torres noted that, “We are focused on continuing to strengthen the Company’s capability to provide alternative solutions aimed at streamlining our customers’ aftermarket supply chain and logistics.” He added that, “leveraging Kellstrom Materials’ long-standing relationships with its aerospace partners including operators, overhaul facilities, manufacturers, and lessors, we will add products and services that will enable our customers to reduce cost while improving operational capabilities.”
Mr. Torres is a Certified Public Accountant licensed in Florida and earned his Bachelors degree in Accounting from Florida International University in 1991 and an MBA in Finance and Accounting from the University of Miami in 1992.
Kellstrom Materials, headquartered in a 161,000 sq. ft. facility near Chicago’s O’Hare International Airport, supports leading airlines and air transport operators worldwide with cost-effective, comprehensive spare parts provisioning and supply chain management support. Kellstrom Materials’ wide range of services include new OEM parts distribution, AOG and JIT support, consignment management, pre-owned parts distribution, repair management, overhauled rotable components, whole engine assets, and fleet provisioning programs based on real world experience.
For more information or to arrange for an interview with Mr. Torres please contact Ute Aliah-Colgan, Marketing Manager. Phone: +1.847.233.5851. Email: Ute.Aliah-Colgan@kellstrommaterials.com