Triumph Group Names Daniel Crowley President And CEO - Quick Facts

(RTTNews) - Triumph Group, Inc. (TGI) said its board of directors has appointed Daniel Crowley as President and Chief Executive Officer and as a director of the company, effective January 4, 2016.

Crowley, aged 52, succeeds Richard Ill, the founder of Triumph and a member of the board, 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.

Triumph noted that Crowley brings significant strategic and operational experience to the company 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.

Prior to Raytheon, Crowley served as chief operating officer of Lockheed Martin Aeronautics after holding a series of increasingly responsible assignments across its space, electronics, and aeronautics sectors.