Seasoned Financial Executive, James McCabe, Joins Triumph Group
BERWYN, Pa.--(BUSINESS WIRE)--Jul. 27, 2016--
Triumph Group(NYSE:TGI) today announced that James McCabe is
joining the company as its Senior Vice President and Chief Financial
Officer (CFO) effective August 8, 2016. McCabe joins Triumph from Steel
Partners Holdings where he last served as Senior Vice President and CFO,
and President, Shared Services. He brings more than 25 years of diverse
financial and operating experience to his new role.
“We are pleased to welcome Jim to Triumph where he will apply his
extensive experience in finance and operating roles, and expertise
building and leading high performance teams to accelerate our efforts on
cost reduction, improving cash from operations and expanding margins,”
said Dan Crowley, Triumph’s president and chief executive officer.
“Jim’s track record in profit and loss roles, prior restructuring and
shared service accomplishments and lean operating system skills make him
well suited to the needs of Triumph Group.”
McCabe will lead Triumph’s corporate accounting, financial planning and
analysis, investor relations, tax, and treasury organizations. The
finance leaders at each of Triumph’s four business units will report
directly to him.
McCabe’s broad financial management experience includes successfully
leading the listing of Steel Partners Holdings on the New York Stock
Exchange in 2012, and the listings of its subsidiaries Handy & Harman
and Steel Excel on the NASDAQ Capital Market in 2008 and 2015,
respectively. As CFO of Steel Partners Holdings, McCabe was responsible
for accounting, audit, investor relations, risk management, tax,
treasury, and operational excellence in those functions.
Prior to joining Steel Partners Holdings, McCabe served as Vice
President, Finance and Treasurer of American Water’s Northeast Region,
and President and CFO of Teleflex Aerospace, which served the global
aviation industry. McCabe received a Bachelor of Science degree in
business and economics from Lehigh University. He is a certified public
accountant and Six Sigma Green Belt, and served as a member of the Board
of Governors and the Civil Aviation Council Executive Committee for the
Aerospace Industries Association.
Triumph Group, Inc., headquartered in Berwyn, Pa., designs, engineers,
manufactures, repairs and overhauls a broad portfolio of aerostructures,
aircraft components, accessories, subassemblies and systems. The company
serves a broad, worldwide spectrum of the aviation industry, including
original equipment manufacturers of commercial, regional, business and
military aircraft and aircraft components, as well as commercial and
regional airlines and air cargo carriers.
More information about Triumph can be found on the company’s website at http://www.triumphgroup.com.
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Source: Triumph Group, Inc.
Triumph Group, Inc.
Sheila G. Spagnolo,