WAYNE, Pa., Jan 05, 2011 (BUSINESS WIRE) -- Triumph Group, Inc. (NYSE:TGI) todayannounced that Jeffrey L. McRae has been named President of Triumph Aerostructures-Vought Integrated Programs Division reporting to Jeffrey D. Frisby, Triumph's President and Chief Operating Officer. Mr. McRae had been Vice President-Business Operations of Vought Aircraft Industries, In c. at the time of its acquisition by Triumph in June 2010 and has been serving as Chief Financial Officer of Triumph's new company, Triumph Aerostructures-Vought Aircraft Division, since the acquisition. Mr. McRae succeeds Dennis Orzel, who will be leaving the company to accept a new opportunity.
Mr. McRae joined Vought Aircraft Industries in 2007. Prior to joining Vought, Mr. McRae served as acting President, General Manager and Division Controller for United Defense's Armament Systems Division. He also served as Chief Financial Officer for United Defense's joint venture in Turkey and Saudi Arabia.
Commenting on the appointment, Mr. Frisby said, "I am pleased to announce this well deserved promotion of Jeff McRae. He is a seasoned executive with an outstanding track record in execution and demonstrated leadership experience. I am confident that, together with Ron Muckley, President of Triumph Aerostructures-Vought Commercial Division, Jeff is ideally suited to help us successfully effect the integration of Vought with Triumph and maximize the growth opportunities that are available to Triumph Aerostructures."
Mr. McRae's appointment is effective January 10, 2011.
Triumph Group, Inc., headquartered in Wayne, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerostructures, aircraft components, accessories, subassemblies and systems. 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 carriers.
More information about Triumph can be found on the company's website at 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, 2010.
SOURCE: Triumph Group, Inc.
Triumph Group, Inc.
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