Tim Johnson Nominated to Join Amaero Board
MWN-AI** Summary
Amaero Ltd (ASX:3DA, OTC:AMROF), a prominent U.S. producer of high-value refractory and titanium alloy powders for advanced manufacturing in various industries, has announced the nomination of Tim "TJ" Johnson as a Non-Executive Director on its Board, pending regulatory approvals. Johnson brings a wealth of experience from his background as a Chief Financial Officer (CFO) at major companies, including his recent tenure at Victoria’s Secret (NYSE: VSCO) from 2021 to 2024 and a significant 19-year stint at Big Lots Stores, where he served as CFO from 2012 to 2019. Currently, he holds directorships at Dollar Tree (NASDAQ: DLTR), Brinker International (NYSE: EAT), and Driven Brands Inc. (NASDAQ: DRVN).
With Johnson's appointment, he is expected to chair the Audit and Risk Committee, a role that aligns with his extensive governance and financial expertise critical for overseeing Amaero's financial operations. His leadership is anticipated to strengthen the company’s risk management and audit policies as it embarks on significant growth initiatives, including the re-domiciliation to the United States.
Eric Bono, currently an Executive Director, will resign from his Board position but will continue to serve as Amaero's Chief Technology Officer. The Board's structure will shift to one Executive Director and six Non-Executive Directors to enhance governance.
Hank J. Holland, Chairman and CEO of Amaero, highlighted the strategic importance of Johnson's financial acumen and past collaboration, anticipating his contributions will bolster the governance foundation necessary for Amaero's continued expansion. The company is known for its innovation in gas atomization technology and is focused on meeting the evolving needs of sectors like defense and space while improving domestic supply chain efficiencies.
MWN-AI** Analysis
Amaero Ltd (ASX:3DA, OTC:AMROF) stands at a pivotal juncture in its growth trajectory, particularly highlighted by the nomination of Tim “TJ” Johnson to its Board as a Non-Executive Director. His extensive background in financial leadership and experience as CFO for significant U.S. public companies like Victoria’s Secret and the strategic roles at Dollar Tree and Brinker International position him as a critical asset in navigating Amaero's ambitious scaling and proposed U.S. re-domiciliation.
Investors should view Mr. Johnson’s appointment positively. His expertise in financial management and risk oversight will enhance the governance structure of Amaero, particularly in an industry with increasing demand for advanced materials in defense, space, and aviation sectors. As the company aims to expand its manufacturing operations and enhance its market position, robust financial governance will be essential.
In addition, Amaero's innovative approaches, particularly with its advanced gas atomization technology and PM-HIP manufacturing, indicate a commitment to alleviating supply chain constraints in a nascent domestic market. This competitive edge in producing high-value powders can potentially enhance profitability and drive growth.
With Eric Bono continuing in his role as Chief Technology Officer, the transition appears well-managed, ensuring continuity in leadership while benefitting from Mr. Johnson's oversight capabilities. As the company solidifies its leadership team, it is strategically poised to take advantage of emerging opportunities in the advanced manufacturing sector.
Given these developments, investors should consider establishing or increasing their positions in Amaero as it progresses through this critical phase. The focus on strengthened governance, combined with innovative production capabilities, positions Amaero well for future growth and potentially substantial returns, aligning with broader trends toward domestic production in high-tech industries.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
MCDONALD, Tenn., March 10, 2026 (GLOBE NEWSWIRE) -- Amaero Ltd (ASX:3DA) (OTC: AMROF) (“Amaero” or the “Company”), a leading U.S. domestic producer of high-value refractory and titanium alloy powders for additive and advanced manufacturing of components utilized by the defense, space, and aviation industries, is pleased to announce that Tim “TJ” Johnson has been nominated to join Amaero’s Board as a Non-Executive Director, subject to satisfying the requisite regulatory requirements.
Upon joining the Board as a Non-Executive Director, it is anticipated that he will assume the responsibilities of Chairman of the Audit and Risk Committee.
Mr. Johnson is an experienced corporate board member and retired Chief Financial Officer (“CFO”) of several publicly listed companies in the United States. Most recently, he served as CFO for Victoria’s Secret (NYSE: VSCO) from 2021-2024; prior experiences included a 19-year tenure at Big Lots Stores, serving as CFO from 2012-2019. He currently serves as a Director at Dollar Tree (NASDAQ: DLTR), a Fortune 225 company operating 9,200 stores with annual revenue approaching US$20 billion, Brinker International (NYSE: EAT), a leading casual dining company with brands that include Chili’s Grill & Bar and Maggiano’s Little Italy and Driven Brands Inc. (NASDAQ: DRVN), a leading automotive services business. He began his career as a Senior Accountant at Coopers and Lybrand (now PwC) from 1989-1992.
Following Mr. Johnson’s appointment, Eric Bono will step down from the Board as an Executive Director. Mr. Bono will continue in his executive role as Amaero’s Chief Technology Officer and will remain closely engaged with the Board.
Amaero believes that Mr. Johnson’s extensive financial leadership and governance experience with large, complex U.S.-listed companies will add meaningful depth to the Board, particularly in areas of financial oversight, audit and risk management and capital markets engagement. His experience is expected to support Amaero as the Company continues to scale its U.S. manufacturing operations, explores opportunities to integrate adjacency manufacturing capabilities and progresses its proposed re-domiciliation to the United States.
Following this change, Amaero’s seven-member Board will consist of one Executive Director and six Non-Executive Directors, further strengthening the Company’s governance structure
Hank J. Holland, Amaero’s Chairman and CEO, commented:
“Amaero is entering an important phase of growth as we scale operations and progress our proposed redomiciliation to the United States. TJ brings significant U.S. public-company financial executive and Board leadership experience gained at large NYSE and NASDAQ listed companies. His deep expertise in financial management, governance, audit and risk oversight will be highly valuable to Amaero as we continue to build a strong governance foundation that supports the next phase of our growth strategy. I have worked with TJ previously on another board and know the quality of his leadership and judgement. I look forward to welcoming him to Amaero’s Board and look forward to his leadership as Chair of the Audit and Risk Committee.”
This announcement has been authorized for release by the Board of Directors.
For further information, please contact:
| Amaero Ltd Hank J. Holland Chairman and CEO hank.holland@amaeroinc.com |
Media & Investor Enquiries in United States Jane Morgan Director jm@janemorganmanagement.com.au Media & Investor Enquiries in United States Shannon Devine MZ Group amaero@mzgroup.us |
About Amaero Ltd
Amaero Ltd (ASX:3DA, OTC:AMROF) is a dual-listed ASX and OTC-listed Company with manufacturing and corporate headquarters located in Tennessee, U.S. Amaero is a leading U.S. domestic producer of high-value refractory and titanium alloy powders for additive and advanced manufacturing of components utilized by the defense, space, aviation, and medical industries. The technical and manufacturing team brings decades of experience and know-how with pioneering work in gas atomization of refractory and titanium alloys. The Company has commissioned advanced gas atomization technology with an industry leading yield of AM powder. The Company is also a leader in PM-HIP (Powder Metallurgy Hot Isostatic Pressing) manufacturing of large, near-net-shape powder parts with forged-equivalent material properties and microstructure for a variety of alloys. PM-HIP manufacturing is helping alleviate the strained domestic supply chain for large scale castings and forgings.
FAQ**
How will Tim “TJ” Johnson’s extensive experience with companies like Brinker International Inc. (NYSE: EAT) positively influence Amaero’s financial oversight and risk management strategies as they scale operations?
What specific insights does TJ Johnson bring from his tenure at Brinker International Inc. (NYSE: EAT) that could assist Amaero in navigating the complexities of U.S. regulatory requirements post-redomiciliation?
In what ways does Amaero plan to leverage TJ Johnson’s leadership experience at Brinker International Inc. (NYSE: EAT) to enhance its governance structure as it transitions to U.S.-based operations?
Given TJ Johnson’s background with Brinker International Inc. (NYSE: EAT) and similar companies, what key financial metrics will the Audit and Risk Committee focus on to drive Amaero's future growth and strategic initiatives?
**MWN-AI FAQ is based on asking OpenAI questions about Dollar Tree Inc. (NASDAQ: DLTR).
NASDAQ: DLTR
DLTR Trading
-2.85% G/L:
$115.725 Last:
740,350 Volume:
$116.09 Open:
