Qarbon Aerospace Welcomes New Leadership with Appointment of Michael Canario as CEO

November 20, 2023 02:00 PM Eastern Standard Time

RED OAK, Texas–(BUSINESS WIRE)–Qarbon Aerospace, Inc. (“Qarbon” or the “Company”), a premier manufacturer specializing in medium to large complex composite components and assemblies, is proud to announce a significant leadership transition. Effective November 6, 2023, Qarbon Aerospace welcomed Mr. Michael Canario as the new Chief Executive Officer, marking a strategic move to propel the Company into a new phase of growth and innovation. This announcement follows the departure of Mr. Pete Wick, who stepped down after years of dedicated service. Qarbon expresses heartfelt appreciation for Mr. Wick’s invaluable contributions that have significantly shaped Qarbon Aerospace’s remarkable journey.

“I believe the company is uniquely positioned to grow its Aerostructures business globally.”Post this

With an impressive 35-year career in aerospace, defense, and advanced materials, Mr. Canario brings extensive experience and a diverse background in operations, finance, sales, and marketing to his role. His remarkable industry journey includes serving on the Qarbon Board of Directors and holding key leadership positions, such as President and CEO of Norsk Titanium—a global leader in metal 3D printing, and President of Aerospace, Americas at Hexcel Corporation, a world-renowned leader in advanced composites.

During his tenure at Norsk Titanium, Mr. Canario successfully led the organization through the initiation of serial production of qualified structural titanium components, culminating in a successful IPO. At Hexcel Corporation, he oversaw an organization of over 3,000 employees across eight facilities, specializing in the manufacturing of aerostructures and composite materials.

“I’m excited to join a company that traces its history over 100 years to the Chief Engineer of the Wright Company, Chance Vought. Qarbon Aerospace has impressive assets, great customers and truly outstanding employees,” said Mr. Canario. “I believe the company is uniquely positioned to grow its Aerostructures business globally.”

The decision to appoint Mr. Canario as the new CEO underscores Qarbon Aerospace’s commitment to advancing the robust foundation built over the last three years. His prior involvement on the Qarbon Board of Directors has provided him with a thorough understanding of the Company’s capabilities and opportunities. Mr. Canario’s appointment aligns seamlessly with the Company’s mission, reaffirming belief in both present and future growth potential. As Qarbon Aerospace embraces this transformative change, the Company emphasizes its lasting commitment to operational excellence and determination to remain a leader in advancing composite structures within the aerospace industry.

For media inquiries or further information, please contact Mike Lee, VP Business Development, at the provided contact detail.

About Qarbon Aerospace

Qarbon Aerospace, headquartered in Red Oak, Texas, is a premier manufacturer of cutting-edge composite components and assemblies, with products installed on the most advanced commercial and military aircraft and spacecraft. It operates nearly two million square feet of factory space across three facilities located in Red Oak, Texas, Milledgeville, Georgia, and Rayong, Thailand. Qarbon Aerospace has vertically integrated manufacturing capabilities from component fabrication through large-scale assembly as well as world-leading proprietary thermoplastics technologies. Qarbon Aerospace has longstanding relationships with blue-chip OEM customers and a diversified product portfolio across a variety of successful commercial, defense, and business jet platforms. Qarbon Aerospace has the capabilities and resources to solve the market’s toughest challenges with Quality Assured. You can find more information at www.QarbonAerospace.com.