TRIUMPH ANNOUNCES NEW LEADERS TO ACCELERATE ITS PROFITABLE GROWTH

Rhea-AI Summary

TRIUMPH Group, Inc. (NYSE:TGI) has announced key leadership changes to drive profitable growth. Mike Boland, former President of Actuation Products and Services (APS), has been appointed to the newly created role of Chief Operating Officer. He will oversee Operations, Quality, Execution Assurance, and the TRIUMPH Operating System, as well as the Supply Chain function.

Natasha Trudeau, previously General Manager of TRIUMPH APS in Yakima, Washington, has been promoted to President of Actuation Products and Services. These internal promotions reflect TRIUMPH's commitment to developing talent and improving operational performance. The company aims to enhance customer satisfaction, product quality, and cost-effectiveness while strengthening its market position in aerospace and defense systems.

Positive

• Creation of new COO role to improve operational performance
• Internal promotion of experienced leaders, indicating strong talent pipeline
• Focus on enhancing customer satisfaction and product quality
• Strategy to expand aftermarket offerings

Negative

• None.

RADNOR, Pa., July 19, 2024 /PRNewswire/ -- Triumph Group, Inc., (TRIUMPH) [NYSE:TGI] recently selected Mike Boland, formerly President, Actuation Products and Services (APS), to fill a newly created Chief Operating Officer with responsibility for Operations, Quality, Execution Assurance, and the TRIUMPH Operating System. Mike also assumes responsibility for the Supply Chain function formerly led by Craig Cooper.  Natasha Trudeau, previously General Manager, TRIUMPH APS at Yakima, Washington assumed the role of President, Actuation Products and Services as Mike transitioned to the COO new role.

"TRIUMPH has recruited and developed a strong bench of experienced and diverse talent, and the internal promotion of Mike Boland to the COO role reflects this depth and our commitment to take the company's operational performance to the next level. Mike's track record of improving our Actuation business financial performance and expanding its aftermarket offerings will now benefit the larger TRIUMPH. Similarly, Natasha Trudeau's accomplishments as General Manager of our APS Yakima site, and prior leadership roles at TransDigm Group, make her an ideal candidate to lead our market-leading actuation business," said Dan Crowley, TRIUMPH Chairman, President and CEO.  

"I'm excited for the opportunity in this important role to lead TRIUMPH in deploying our strategic plan across the company and continuing to develop a high-performance culture.  My objective is to ensure TRIUMPH continues to produce safe, defect-free, cost-effective products, raise the bar in customer satisfaction, and partner with our customers and suppliers to further improve our already-robust Triumph Operating System.  As I move into the COO role, the Actuation Products and Services (APS) operating company is in excellent hands with Natasha Trudeau," says Mike Boland.

TRIUMPH, headquartered in Radnor, Pennsylvania, designs, manufactures, repairs, and overhauls a broad portfolio of aerospace and defense systems and components. The company serves the global aviation industry, including original equipment manufacturers and the full spectrum of military and commercial aircraft operators.

View original content:https://www.prnewswire.com/news-releases/triumph-announces-new-leaders-to-accelerate-its-profitable-growth-302201250.html

SOURCE Triumph Group

FAQ

Who is the new Chief Operating Officer of TRIUMPH Group (TGI)?

Mike Boland, formerly President of Actuation Products and Services (APS), has been appointed as the new Chief Operating Officer of TRIUMPH Group (TGI).

What are Mike Boland's responsibilities as COO of TRIUMPH (TGI)?

As COO, Mike Boland is responsible for Operations, Quality, Execution Assurance, the TRIUMPH Operating System, and the Supply Chain function at TRIUMPH Group (TGI).

Who has been appointed as the new President of Actuation Products and Services at TRIUMPH (TGI)?

Natasha Trudeau, previously General Manager of TRIUMPH APS in Yakima, Washington, has been appointed as the new President of Actuation Products and Services.

What is TRIUMPH Group's (TGI) strategy for growth according to the recent announcement?

TRIUMPH Group (TGI) is focusing on improving operational performance, enhancing customer satisfaction, producing safe and cost-effective products, and expanding aftermarket offerings to accelerate profitable growth.