WAYNE, Pa.--(BUSINESS WIRE)--Jul. 27, 2009--
Triumph Group, Inc. (NYSE:TGI) today announced that Jeffry D.
Frisby, Group President, Triumph Aerospace Systems Group, has been named
President and Chief Operating Officer of the company. Richard C. Ill,
currently President and Chief Executive Officer, has been appointed
Chairman and will continue to serve as Chief Executive Officer of
Triumph Group. David Kornblatt, currently Senior Vice President and
Chief Financial Officer, has been promoted to Executive Vice President
and Chief Financial Officer.
“Jeff Frisby has made significant contributions to the growth of our
aerospace business,” said Mr. Ill. “He is a proven member of our
leadership team and has played a key role in making Triumph what it is
today – a premier supplier to the global aerospace industry known for
its commitment to integrity, innovation, quality and performance.”
Mr. Frisby, who has served as Group President, Triumph Aerospace Systems
Group since 2003, joined the company in 1998 as President of Frisby
Aerospace, Inc. upon its acquisition by Triumph. In 2000, he was named
Group President of the Triumph Control Systems Group and was later named
Group President of the Triumph Aerospace Systems Group upon its
formation in April, 2003.
Mr. Frisby currently serves as a member of the Board of Directors of
Quaker Chemical Corporation. He has also served as a member of the
Advisory Council to the Wayne Calloway School of Business and
Accountancy at Wake Forest University, has been involved in the
mentoring program at the Babcock Graduate School of Business at Wake
Forest University and has been active with the American Society of
Mechanical Engineers, where he served on the Industrial Advisory Board.
In commenting on his new post, Mr. Frisby stated, “I am proud to have
been part of the Triumph success story over the years and am honored to
have been selected as President and COO. I believe we are well
positioned to take advantage of the challenges and opportunities in the
aerospace industry today and I look forward to working with Rick, Dave
and our operating companies to develop, coordinate and execute
strategies that will sustain and grow our business.”
Triumph Group, Inc., headquartered in Wayne, Pennsylvania, designs,
engineers, manufactures, repairs and overhauls aircraft components and
accessories. 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
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 provisions 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 Annual
Report on Form 10-K for the year ended March 31, 2009.
Source: Triumph Group, Inc.
Triumph Group, Inc.
Sheila G. Spagnolo