BERWYN, Pa.--(BUSINESS WIRE)--Feb. 12, 2014--
Triumph Group, Inc.(NYSE:TGI) today announced that Jeffrey L.
McRae had been elected Senior Vice President and Chief Financial Officer
in accordance with a previously announced transition. He succeeds M.
David Kornblatt, who has assumed new duties with the company as Director
of Corporate Development.
As previously noted, Mr. McRae was chosen to succeed Mr. Kornblatt after
a nationwide search. Most recently, Mr. McRae was named President of
Triumph Aerostructures – Vought Aircraft Division in October, 2013,
having previously served as President of Triumph Aerostructures – Vought
Integrated Programs Division and Chief Financial Officer for Triumph
Aerostructures – Vought Aircraft Division, a position he had assumed
upon the completion of Triumph’s acquisition of Vought Aircraft
Industries, Inc. in June 2010. Prior to the acquisition, Mr. McRae had
served as Vought’s Vice President of Business Operations. Prior to
joining Vought, Mr. McRae spent 20 years with BAE Systems (formerly
United Defense) and its legacy companies, most recently as interim
President and General Manager for the Armament Systems Division (ASD).
During his career, he held a series of financial management positions,
including Director of Finance for ASD, Chief Financial Officer for joint
ventures in Turkey and Saudi Arabia, Director of a payroll and benefits
shared services center, and Plant Controller for a production facility.
Mr. McRae earned his bachelor’s degree in accounting from Michigan State
University and began his career with KPMG in Lansing, Michigan.
Mr. Frisby continued, “We are pleased to have Jeff McRae aboard as our
Chief Financial Officer. The search we conducted demonstrated that Jeff
was the best candidate available for the position, and we expect his
knowledge of our business developed over the three and a half years that
have passed since we acquired Vought will provide us with a significant
additional advantage and allow us to move quickly to tackle the
challenges and opportunities of a growing business.”
Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, 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.
Source: Triumph Group, Inc.
Triumph Group, Inc.
Sheila G. Spagnolo
Vice President-Tax &