STS Component solution promoted Tom Covella to become an Advisor to the Board of Directors and Tim Russo as Division President.
STS Component Solutions, a division of STS Aviation Group and a supplier of aircraft parts to the international aviation industry, has announced that Tom Covella will step down from his position as Division President and join the Board of Directors as an advisor. With effect from January 1, 2023, Tim Russo, the Vice President of OEM Distribution at STS Component Solutions, will succeed Covella in the position of Division President.
“Tim is a fantastic choice to move into this position, and I have been working closely with both he and Tom to ensure that we have a seamless and effective transition,” said Philip Anson Jr., CEO, STS Aviation Group. “We are very grateful to Tom for his 14-plus years of hard work and dedication, and we are excited about his desire to remain invested and engaged moving forward. Tom founded his component solutions business back in 2001, and he has been instrumental in helping the organization achieve unprecedented growth following STS’ acquisition in 2008. In Tom’s new role, we will continue to benefit from his unparalleled expertise in the aircraft components industry to help guide key growth initiatives well into the future,” he further added.
Russo worked in technical operations for JetBlue Airways for ten years before joining STS Component Solutions in 2015. Tim will answer directly to STS Aviation Group CEO Philip Anson Jr.
“This is a bittersweet time for me. On one hand, I am moving on from the day-to-day management of a company that I founded, but on the other, I will now be afforded more time to strategize on the ambitious plans we have in place for future growth.” said Philip Anson Jr., CEO of STS Aviation Group. “I am fully confident that Tim will effectively lead our team going forward, and I have no doubt that the business will continue to thrive with him at the helm,” he further added.
STS Aviation Group, a one-stop shop for services to the world’s aviation industry, was established in 1986. STS provides nose-to-tail aircraft maintenance solutions and has offices all over the world in addition to its headquarters in Jensen Beach, Florida.
“I am honored to take on this new leadership role, and I am energized and excited to guide the next chapter of STS Component Solutions’ growth,” said Tim Russo, Vice President of OEM Distribution, STS Component Solutions. “Tom has built a great team that has proven they can meet any challenge, and I know that, together, we will continue our growth trajectory and succeed in the years to come,” he further added.
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Globally, STS Aviation Services operates four state-of-the-art aircraft hangars, two interior modification facilities and more than 40 line maintenance stations both stateside and abroad. These facilities, and the expert personnel fuel the company’s drive to seamlessly blend a growing portfolio of MRO services to deliver all-encompassing aircraft maintenance, engineering and modification solutions to the global aviation industry.
