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|Triumph Group Announces New Senior Vice President-Operations|
WAYNE, Pa.--(BUSINESS WIRE)--April 29, 2004--Triumph Group, Inc. (NYSE:TGI) today announced that effective April 1, 2004, Lawrence J. Resnick has been named Senior Vice President-Operations of Triumph Group. In this role, Mr. Resnick will continue to maintain responsibility for high-level customer relationships, the Company's lean manufacturing efforts and acquisition related activities. In addition, Mr. Resnick will work with Jeffry Frisby, Group President, Triumph Aerospace Systems Group, and John Brasch, Group President, Triumph Aftermarket Services Group, in managing the operations of the Company.
Mr. Resnick became a Vice President of Triumph Group in July, 2000. Prior to joining the Corporate staff, he was President of Triumph Controls, Inc. since its 1996 acquisition from Teleflex Incorporated. He had been employed by Teleflex for more than 11 years and served as Vice President and General Manager of Aerospace and Defense from 1992 to 1995.
Richard C. Ill, Triumph's President and Chief Executive Officer, said, "I am delighted to announce this well deserved promotion of Larry Resnick. He has clearly demonstrated his ability to assume these increased responsibilities through his dedicated effort and proven results. I am confident that Larry is ideally suited, together with our two Group Presidents, Jeff Frisby and John Brasch, to ensure operational excellence throughout our organization and the future growth of our Company."
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 future growth prospects for Triumph 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., Wayne
John Bartholdson, 610-251-1000
SOURCE: Triumph Group, Inc.