Triumph Group Establishes Four Market-Focused Business Units and Announces Executive Appointments
Realignment Will Meet Customers’ Evolving Needs, Deliver Predictable Profitability and Support Long-Term Growth
“Triumph’s new structure better supports our go-to-market strategies and
will allow us to more effectively satisfy the needs of our customers
while continuing to deliver on our commitments,” said
Consolidating from six to four business units will reduce the number of operating companies and locations and will enhance accountability, eliminate redundancies and reduce costs. Triumph will now align its organizational structure, operations and financial reporting for fiscal year 2017.
The four business units are as follows:
Integrated Systems. Provides integrated solutions including
design, development and support of proprietary components, subsystems
and systems, as well as production of complex assemblies using
external designs. Capabilities include hydraulic, mechanical and
electro-mechanical actuation, power and control; complete suite of
aerospace gearbox solutions including engine accessory gearboxes and
helicopter transmissions; active and passive heat exchange technology;
fuel pumps, fuel metering units and Full Authority Digital Electronic
Control fuel systems; hydro-mechanical and electromechanical primary
and secondary flight controls; and a broad spectrum of surface
Thomas Holzthum, formerly Corporate Vice President-Systems, has been appointed Executive Vice President, Integrated Systems.
Aerospace Structures. Supplies commercial, business and
military manufacturers with large metallic and composite structures.
Products include wings, wing boxes, fuselage panels, horizontal and
vertical tails and sub-assemblies such as floor grids. Inclusive of
the former Vought Aircraft Division, Aerospace Structures also has the
capability to engineer detailed structural designs in metal and
MaryLou Thomas, formerly Corporate Vice President-Composites, Structures & Interiors, has been appointed acting Executive Vice President, Aerospace Structures. Norman Jordanhas resigned from his role as President of Triumph Aerostructures – Vought Aircraft Division (VAD), effective April 30, 2016, to pursue other interests. Mr. Jordan and Ms. Thomas will work together to ensure a seamless transition. Both internal and external candidates will be considered for the Aerospace Structures position.
Precision Components. Produces close-tolerance parts to
customer designs and model-based definition, including a wide range of
aluminum, hard metal and composite structure capabilities.
Capabilities include complex machining, gear manufacturing, sheet
metal fabrication, forming, advanced composite and interior
structures, joining processes such as welding, autoclave bonding and
conventional mechanical fasteners and a variety of special processes
including super plastic titanium forming, aluminum and titanium
chemical milling and surface treatments.
Rick Rosenjack, formerly Corporate Vice President-Structures, has been appointed Executive Vice President, Precision Components.
Product Support. Provides full life cycle solutions for
commercial, regional and military aircraft. Triumph’s
extensive product and service offerings include full post-delivery
value chain services that simplify the MRO supply chain. Through its
line maintenance, component MRO and postproduction supply chain
activities, Triumph’s Product Support group is positioned to provide
integrated planeside repair solutions globally. Capabilities include
fuel tank repair, metallic and composite aircraft structures,
nacelles, thrust reversers, interiors, auxiliary power units and a
wide variety of pneumatic, hydraulic, fuel and mechanical accessories.
Michael Abram, formerly Corporate Vice President-Aftermarket Services Group, has been appointed Executive Vice President, Product Support.
Mr. Crowley continued, “To maximize the impact of our new structure, it is critical that we place our most talented leaders in positions that capitalize on their unique skill sets and industry experience. We are fortunate to have Tom, MaryLou, Rick and Mike to lead our realigned business units and ensure we continue to perform on our commitments. We are operating with a sense of urgency and remain focused on improving the company’s performance and delivering predictable profitability.”
Also, to oversee Triumph’s transformation efforts, the company has created the Transformation Delivery Office (TDO). The TDO will be responsible for driving the successful realization of the transformation plan and execution of the ‘One Triumph’ strategy and Triumph Operating System (TOS). The TDO will govern and drive the implementation of critical projects needed to achieve breakthrough value and attain full potential results.
Business Unit Leadership
Full biographies of the Executive Vice Presidents can be found on the company’s website under “About Triumph.”
Mr. Rosenjack previously served as Corporate Vice President-Structures
responsible for the Triumph Structures’ group of companies, having
joined Triumph in October, 2014. Prior to joining the company, Mr.
Rosenjack was Chief Operating Officer of HM Dunn AeroSystems, and Vice
President and General Manager of
Since joining Triumph in 2003 as Vice President of Operations for
Triumph Airborne Structures, Mr. Abram has served as Vice President of
The company will discuss this announcement during its fiscal fourth
quarter and full year 2016 earnings call to be held on
More information about
Triumph Group, Inc.
Sheila G. Spagnolo
Vice President – Tax & Investor Relations