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.