Trends & Insights

ONTIC ANNOUNCES JACK KARAPETYAN AS NEW VICE PRESIDENT OF GLOBAL MRO OPERATIONS

April 17, 2024

Ontic, a leading licensor and manufacturer of complex engineered parts for the global aerospace and defense industries, has announced Jack Karapetyan in the newly created role of Vice President and General Manager of Global MRO Operations in an exciting new direction for their manufacturing, repair and overhaul (MRO) operations.

Effective immediately, this internal move for Karapetyan, who was previously joint General Manager of Ontic’s Chatsworth, CA site alongside Terry Streb, signals a stronger strategic focus on MRO for Ontic. Focused on operational execution throughout his career, and having overseeing a number of operational improvement programs at Ontic’s Chatsworth site, Karapetyan will take the sum of his and the wider organization’s learnings to improve existing operations and win new MRO business for the company.

His primary responsibilities will be to assess the existing MRO operations, ensuring a cohesive and global approach to MRO within Ontic, and ultimately growing this part of the business.

Congratulating him on the new role, Brian Sartain, Chief Operating Officer at Ontic, said: “I’m excited to welcome Jack to this newly created role. Creating this strategically significant position will enable us to focus more on our MRO customers, improving existing operations and setting us up for future success.

“We are ambitious about this new direction and I look forward to working with Jack to make Ontic the service benchmark other MRO companies are marked against.”

Commenting on his new role, Karapetyan said: “I am thrilled to be taking on this new challenge at Ontic. There’s a lot of work to do and I’m already in conversation with some customers. MRO is a cornerstone of our industry and I’m looking forward to expanding our operations in this area.”

Terry Streb will take full responsibility of Ontic’s Californian site as Vice President and General Manager of Chatsworth following Karapetyan’s move.