The Triumph Group, Inc. (NYSE: TGI) board of directors has appointed Daniel J. Crowley as President and Chief Executive Officer and as a director of the company, effective January 4, 2016.
Crowley succeeds Richard C. Ill, the founder of Triumph and a member of the board of directors, who has served as CEO since April 08, 2015, after previously serving as CEO from 1993 until his retirement in July 2012. Ill will continue to serve as a director on the Triumph board. The company´s announcement follows an extensive search by the board´s Search Committee to identify a new CEO.
Crowley brings significant strategic and operational experience to Triumph in the aerospace and defense industry, amassed over a 32-year career. He most recently served as President of two Raytheon company business areas with multi-billion dollar revenues.
Triumph Group, headquartered in Berwyn, 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.