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|Triumph Group, Inc. Announces Senior Appointments within Aftermarket Services Group|
WAYNE, Pa.--(BUSINESS WIRE)--Nov. 20, 2003--Triumph Group, Inc. (NYSE:TGI) announced today that Richard Clark has been named President of Airborne Nacelle Services, Inc. in Hot Springs, Arkansas and Aerospace Technologies, Inc. in Fort Worth, Texas. Airborne Nacelle Services repairs and overhauls thrust reversers, nacelle components and other aerostructures. Aerospace Technologies manufactures and repairs metallic/composite bonded components and assemblies. Both companies are part of the Triumph Aftermarket Services Group, which is headed by John Brasch, Group President.
Prior to joining Airborne Nacelle and Aerospace Technologies, Mr. Clark was President of the Nordam Group Repair Divisions. He succeeds Anthony McAnly, who has assumed the new responsibility of Vice President of Strategic Business Development for the Triumph Aftermarket Services Group. Both Mr. Clark and Mr. McAnly will report to Mr. Brasch.
In addition, Triumph Group also announced the appointment of Joseph Greenwood to the position of Vice President Sales and Marketing for Airborne Nacelle and the appointment of Michael Abram to the position of Vice President Operations for Airborne Nacelle. Mr. Greenwood previously was the Vice President Sales and Marketing for the Nordam Group Repair Divisions. In his new position, Mr. Greenwood will manage Airborne Nacelle's Sales, Marketing and Customer Support departments. Prior to joining Airborne Nacelle, Mr. Abram was General Manager for the Nordam Group Repair Divisions. He succeeds James Cooper, who has recently assumed the new responsibility of General Manager of Aerospace Technologies.
"The addition of Dick Clark, Joe Greenwood and Mike Abram to our organization will significantly enhance the already outstanding management team at Airborne Nacelle. With their demonstrated leadership skills and considerable operating experience, they will help us maximize the growth opportunities that are available to Airborne Nacelle and the Aftermarket Services Group", said Mr. Brasch.
Triumph Group, Inc. headquartered in Wayne, Pennsylvania, designs, engineers, manufactures, repairs and overhauls aircraft components and industrial gas turbine components and accessories.
The Company serves a broad, worldwide spectrum of the aviation industry, including commercial airlines and air cargo carriers, as well as original equipment manufacturers of aircraft and aircraft components and power generation equipment.
More information about Triumph can be found on the Internet at http://www.triumphgroup.com.
Statements which are not historical facts, including statements regarding the future growth prospects for Airborne Nacelle Services, Inc. and Triumph Aftermarket Services Group contained in this release, are forward-looking statements under the provision of the Private Securities Litigation Reform Act of 1995.
All forward-looking statements involve risks and uncertainties. The company wishes to caution readers that several important factors could affect the company's actual results and could cause its actual results to differ materially from those expressed in any forward looking statements made by, or on behalf of, the company. Further information regarding the important factors that could cause actual results to differ from projected results can be found in Triumph's reports filed with the SEC, including our Form 10-K for the year ended March 31, 2003.CONTACT: Triumph Group, Inc.
John Bartholdson, 610-251-1000
SOURCE: Triumph Group, Inc.