EIC Subsidiary PAL Aerospace Appoints Simon Carroll as President, PAL Aerospace

Exchange Income Corporation’s subsidiary PAL Aerospace appointed Simon Carroll as President, effective March 9, 2026, succeeding the previous leadership to steer its expanding global operations. Carroll, a veteran defense and aerospace leader, brings expertise in international integration and delivery, aligning with PAL’s growth in special mission solutions amid rising global demand. His role will oversee airborne special mission engineering, C4ISR software, contracted operations, defense support, and adaptive training—key segments driving PAL’s strategic expansion. The appointment reflects PAL Aerospace’s push to strengthen its market position as demand accelerates for its specialized aerospace and defense capabilities. Based in Winnipeg, Manitoba, the move underscores EIC’s commitment to advancing its subsidiary’s operational and technological leadership in the sector.