Amin Khoury Explained

Amin Khoury
Alma Mater:Northeastern University (BS-Chemistry, MS-Chemistry, MBA)
Occupation:CEO
Employer:B/E Aerospace
Organization:Raymond F. Kravis Center for the Performing Arts
Spouse:Julie Khoury[1]

Amin J. Khoury is an American businessman who has founded and developed companies in the scientific instrument, medical services, medical devices and semiconductor process equipment businesses.[2] He co-founded B/E Aerospace, an S&P 400 and NASDAQ listed manufacturer of aircraft passenger cabin interior products for the commercial and business jet aircraft markets that employs approximately 9,600 people.[3]

Business history

Taghleef Industries Inc

Khoury founded Taghleef Industries Inc (formerly Applied Extrusion Technologies Inc.) and served as the Chairman from October 1986 to March 2005. He also served as President from August 1988 to November 1992 and as Chief Executive Officer from October 2002 to March 2005.[4]

B/E Aerospace

Amin Khoury co-founded B/E Aerospace Inc (NASDAQ:) in July 1987. An investment group led by Khoury purchased Bach Engineering, a company that manufactured passenger control units for airline seats, in 1987. In 1989, the group purchased EECO Avionics, their primary competitor. This formed B/E Avionics and the company went public in 1990. The company changed its name to B/E Aerospace in 1992.[5] Khoury has been a Director at B/E since founding it in 1987. He served as the Chief Executive Officer from July 1987 to April 1996, then again with his brother, Robert's retirement, from December 2005 to December 2014. He is the Executive Chairman of the Board, serving in that capacity since December 2014.[4]

Synthes

Between 1986 and April 2012, Amin Khoury served as a non-executive Director at Synthes Inc., a medical device manufacturer. He was also a director at Johnson & Johnson.[4]

Brooks Automation

Between July 1994 to May 2006, Khoury was the Lead Independent Director at Brooks Automation.[4]

Advanced Thermal Sciences

Amin Khoury co-founded Advanced Thermal Sciences in July 2000 and served as the chief executive officer.[6] He now serves as chairman and a director.[4]

KLX Inc.

Khoury was the CEO and Chairman of KLX Inc., a provider of aerospace fasteners, consumables, and logistics services.[7] [4] In 2018, Boeing acquired KLX. KLX Energy Services was divested as part of this transaction.[8]

On May 1, 2020, Khoury retired as chairman of KLX Energy Services for family health reasons.[9]

Other business

Khoury is an advisor at D2K Equity Partners.[10] [4]

Philanthropy and social responsibility

Khoury is involved with numerous charitable organizations. He was a Trustee of the Scripps Research Institute from May 2008[11] [4] until July 2014.[7] He also serves on the board of directors of the Raymond F. Kravis Center for the Performing Arts and is the chair of the center's Investment Committee.[12] [11]

Khoury and his wife established the Amin and Julie Khoury Endowed Scholarship at Northeastern University.[13]

Education and honors

Amin Khoury holds bachelor's and master's degrees in chemistry. He graduated summa cum laude from Northeastern with a master's degree in business administration (MBA). He was also awarded the university's prestigious Medallion Achievement Award.[11] [4]

In addition to his academic education, Khoury holds a Masters Professional Director Certification from the American College of Corporate Directors and an Advanced Director Certification from the Corporate Directors Group.[4]

In December 2018, Northeastern University named the Khoury College of Computer Sciences in honor of Khoury, who has endowed more than $50 million to the college.

Notes and References

  1. Web site: By the Bootstraps. Kiewra. Karin. Northeastern Magazine. 12 June 2015.
  2. Web site: Top 100 Power Leaders-Products, Technology & Manufacturing. Gale. Kevin. January 25, 2013. South Florida Business Journal. 11 June 2015.
  3. Web site: Profile B/E Aerospace Inc.. August 14, 2015. Yahoo! Finance.
  4. Web site: B/E Aerospace inc. Bloomberg Business. 11 June 2015.
  5. Book: Pederson, Jay. International Directory of Company Histories . 30. 2000. St. James Press. 72.
  6. Web site: ADVANCED THERMAL SCIENCES CORP IPO. NASDAQ. 12 June 2015.
  7. Web site: Leadership. KLX Inc. 12 June 2015. https://web.archive.org/web/20150107165849/http://klx.com/leadership.cfm. 7 January 2015. dead. dmy-all.
  8. Web site: Boyle . Alan . Boeing confirms $4.25 billion acquisition of KLX aerospace parts company . GeekWire . GeekWire, LLC . 22 January 2024.
  9. https://www.globenewswire.com/news-release/2020/04/20/2018453/0/en/KLX-Energy-Services-Announcement.html KLX Energy Services Announcement, April 20, 2020, Globe Newswire
  10. Web site: Advisors . D2K Equity Partners . 12 June 2015 . dead . https://web.archive.org/web/20150617215002/http://www.d2kpartners.com/advisors.aspx . 17 June 2015 .
  11. Web site: Amin J. Khoury Elected to Scripps Research Board. News & Views. 12 June 2015.
  12. Web site: The Raymond F. Kravis Center Board of Directors . https://web.archive.org/web/20090220063650/http://kravis.org/board . dead . 20 February 2009 . The Raymond F. Kravis Center . 12 June 2015 .
  13. Web site: By the Bootstraps. Kiewra. Karin. Northeastern Magazine. 12 June 2015.