Qarbon Aerospace, an Arlington Capital Partners Portfolio Company, Appoints Michael Canario as CEO
DALLAS, TX, November 6, 2023—Qarbon Aerospace (“Qarbon” or the “Company”), a premier manufacturer of complex composite aerostructures and assemblies, is pleased to announce the appointment of Michael Canario as Chief Executive Officer. Mr. Canario joins the organization after 35 years of experience in the aerospace, defense and advanced materials industries and having served on the Qarbon Board of Directors. Qarbon is a portfolio company of Arlington Capital Partners (“Arlington”), a Washington D.C.-area private equity firm focused on Aerospace and Defense and other regulated industries.
Previously, Mr. Canario served as the President and CEO of Norsk Titanium (“Norsk”), a global leader in metal 3D printing. He led the organization to initiate serial production of qualified structural titanium components in the commercial aerospace, defense and semiconductor manufacturing markets, as well as led the company through its IPO. Prior to Norsk, Mr. Canario was President of Aerospace, Americas at Hexcel Corporation, a world leader in advanced composites. In this role, he led an organization of over 3,000 employees across eight facilities that manufactured aerostructures and composite materials. Mr. Canario held multiple roles spanning operations, sales and marketing at Hexcel over a nearly 30-year tenure with the company.
“I am honored to join Qarbon as CEO and lead the team in driving our business forward to the next stage of growth” said Canario. “Drawing from my background in advanced materials applications, I was attracted to the Company’s history and differentiated capability in manufacturing large-scale and high-temperature composites for the industry’s most advanced commercial and military aircraft as well as the opportunity to partner with the Arlington Capital team, who has deep expertise investing in this specific area.”
Peter Manos, a Managing Partner at Arlington Capital Partners, said, “Adding Mike to the Qarbon leadership team brings a wealth of aerospace composite experience and insight to the organization. We’ve been fortunate to partner with him as a board member and appointing him as CEO is a key step in positioning the Company to capitalize on the numerous growth opportunities coming into focus. We look forward to working with him to accelerate Qarbon’s growth and better serve our customers.”
About Qarbon Aerospace
Qarbon Aerospace is a Tier 1 manufacturer of cutting-edge composite components and assemblies at all levels of complexity, with products installed on the industry’s most advanced commercial and military aircraft. For more information, please visit www.qarbonaerospace.com.
About Arlington Capital Partners
Arlington Capital Partners is a Washington, DC-based private equity firm that has managed approximately $7 billion in capital commitments. Arlington is focused on middle market investment opportunities in growth industries including aerospace & defense, government services & technology, healthcare, and business services and software. The firm’s professionals and network have a unique combination of operating and private equity experience that enable Arlington to be a value-added investor. Arlington invests in companies in partnership with high quality management teams that are motivated to establish and/or advance their company’s position as leading competitors in their field. For more information, visit Arlington Capital’s website at arlingtoncap.com and follow Arlington on LinkedIn.
Kelsey Clute, Peter Manos & Henry Albers
Arlington Capital Partners
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