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BERWYN, Pa., Sept. 27, 2022 /PRNewswire/ — Triumph Group, Inc. ( NYSE:TGI) (“TRIUMPH” or the “Company”) at this time introduced that Cynthia M. Egnotovich has joined its Board of Directors as an unbiased director, efficient September 22, 2022. With this addition, TRIUMPH’s board has expanded to 9 administrators, eight of whom are unbiased, and 5 of whom have been appointed to the Board within the final 5 years.
Ms. Egnotovich most not too long ago served as President of Aerospace Systems Customer Service at United Technologies Corporation (“UTC”), a multinational conglomerate till her retirement in November 2013. Prior to becoming a member of UTC, she held numerous management roles of accelerating significance at Goodrich Corporation, an aerospace producer which was acquired by UTC in 2012. Ms. Egnotovich is an skilled director, presently serving additionally on the Board of Directors of Hexcel Corporation, an industrial supplies firm, since January 2015. She served as Chair and member of the Board of Directors of Welbilt, Inc., a worldwide producer of meals service tools, from 2016 till July of 2022, when it was acquired by Ali Holding S.r.l. From 2008 to 2016, she served on the Board of Directors of The Manitowoc Company. Ms. Egnotovich acquired a Bachelor of Science in Biology from Immaculata University and a Bachelor of Business Administration in Accounting from Kent State University.
“We are proud to welcome Cindy to the TRIUMPH Board. Her extensive manufacturing and aerospace industry knowledge will prove valuable to the Board,” mentioned Daniel J. Crowley, the Company’s President, Chief Executive Officer & Chairman. “I am confident that Cindy’s expertise will benefit the company as it focuses on profitable growth.”
“As a Board, we regularly assess the attributes of our directors to ensure the Board has the appropriate qualifications and skills to drive value for TRIUMPH shareholders. We welcome Cindy’s governance and industry experience as we work to enhance value for all shareholders,” mentioned William L. Mansfield, the Company’s Lead Independent Director.
TRIUMPH, headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs, and overhauls a broad portfolio of aerospace and protection programs and parts. The firm serves the worldwide aviation business, together with authentic tools producers and the total spectrum of army and industrial plane operators.
Forward Looking Statements
Statements on this launch which aren’t historic info are forward-looking statements underneath the provisions of the Private Securities Litigation Reform Act of 1995, together with statements of expectations concerning the Company’s operations and transformation sooner or later. All forward-looking statements contain dangers and uncertainties which may have an effect on the Company’s precise outcomes and will trigger its precise outcomes to vary materially from these expressed in any forward-looking statements made by, or on behalf of, the Company. Further data concerning the necessary elements that might trigger precise outcomes to vary from projected outcomes will be present in Triumph Group’s studies filed with the SEC, together with our Annual Report on Form 10-Ok for the fiscal 12 months ended March 31, 2022.
SOURCE Triumph Group
