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|Triumph Group Elects New Director|
WAYNE, Pa.--(BUSINESS WIRE)--July 12, 2004--Triumph Group, Inc. (NYSE:TGI) today announced that Terry D. Stinson has been elected to its Board of Directors effective immediately. With his election, Triumph's Board increases to eight members.
Mr. Stinson has been the Chairman and Chief Executive Officer of Xelus, Inc. since 2002. He formerly served as the President and Chief Executive Officer of Hamilton Standard as well as the Chairman and Chief Executive Officer of Bell Helicopter Textron.
Mr. Stinson currently serves on the Board of Directors of Xelus, Inc., Lennox International, Inc. and Enigma, Inc.
Richard C. Ill, Triumph's President and Chief Executive Officer, said: "We are pleased to have Terry join our Board at this time. His track record of business leadership and achievement, particularly in the aerospace industry, will be a valuable asset as we strive to achieve our strategic goals. We look forward to the expertise and perspective that he will bring to our Board."
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 in this release which are not historical facts, are forward-looking statements under the provision of the Private Securities Litigation Reform Act of 1995. All forward-looking statements involve risks and uncertainties which 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, 2004.
CONTACT: Triumph Group, Inc., Wayne
SOURCE: Triumph Group, Inc.