Heli-Mart’s venerable president and founder Don Nichols is stepping down from the company after 40 years. The announcement came March 4, during Heli-Expo ‘13. Heli-Mart (Booth No. C5111), located at the Orange County Airport in Costa Mesa, Calif., is a worldwide helicopter parts distributor and MD Helicopter authorized service center, with a special emphasis on AOG services.
Nichols said, “It’s tough to quit something you’ve been doing well, and happily, for 50 years. I am confident I’ve left Heli-Mart in good hands with Ed Brown.”
As part of the executive restructuring, vice president Ed Brown took over as president of Heli-Mart on January 1. Brown then relinquished his personal stake in Heli-Mart sister company Phoenix Heliparts, while Nichols divested his interests in Heli-Mart, effectively disconnecting the two companies financially.
Nichols now maintains full ownership of Phoenix Heliparts, a full-service helicopter MRO in Mesa, Ariz., where he intends to be a part-time consultant tasked with growing the company’s presence in refurbishing special-use helicopters and fixed-wing aircraft.