Triumph Group Elects New Director.Business Editors WAYNE, Pa.--(BUSINESS WIRE)--Oct. 24, 2002 Triumph Group, Inc. (NYSE NYSE See: New York Stock Exchange :TGI TGI Tribunal de Grande Instance TGI Target Group Index TGI Thank God It's Friday (US restaurant chain) TGI Tracheal Gas Insufflation TGI Tumor Growth Inhibition TGI Trato Gastrointestinal (Portugese) ) today announced that George Simpson of Dunkeld, Scotland has been elected to its Board of Directors effective immediately. Mr. Simpson is the retired Chief Executive Officer of Marconi Plc. He formerly served as Group Chief Executive and later Executive Chairman of Rover Group, Deputy Chief Executive of British Aerospace, and Chief Executive of Lucas Plc. Mr. Simpson currently serves as a non-executive director of Nestle SA and Alstom SA and has previously served as a non-executive director of Pilkingtons Plc, ICI (language) ICI - An extensible, interpretated language by Tim Long with syntax similar to C. ICI adds high-level garbage-collected associative data structures, exception handling, sets, regular expressions, and dynamic arrays. Plc, and the Bank of Scotland Bank of Scotland plc is a commercial and clearing bank, based in Edinburgh, Scotland. With a history dating to the 17th century, it is the oldest surviving bank in what is now the United Kingdom, and is the only commercial institution created by the Parliament of Scotland to Plc. Richard C. Ill, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Triumph said: "We are pleased to have George Simpson join our Board at this time and look forward to benefiting from his considerable leadership experience in the industry and international markets." Triumph Group, Inc. headquartered in Wayne, Pennsylvania, designs, engineers, manufactures, repairs and overhauls aircraft components and industrial gas turbine components and accessories. The Company serves a broad, worldwide spectrum of the aviation industry, including commercial airlines and air cargo carriers Air Cargo Carriers is a cargo airline based in Milwaukee, Wisconsin, USA. It was established in 1986 and operates feeder cargo services for major express carriers in Canada, the Caribbean and the USA. Air Cargo Carriers, Inc. , as well as original equipment manufactures of aircraft and aircraft components and power generation equipment. The Company also distributes, processes and fabricates metal products. More information about Triumph can be found on the World Wide Web Site at http://www.triumphgroup.com. Statements which are not historical facts, including statements about continued growth opportunities, contained in this release are forward-looking statements under the provision of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. All forward-looking statements involve risks and uncertainties including statements regarding the outlook for continued opportunities for future growth. The company wishes to caution readers that several important factors 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 Form 10-K for the year ended March 31, 2001. |
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