SCHAFFHAUSEN, Switzerland,
Aug. 31, 2016 /PRNewswire/ -- TE
Connectivity Ltd. (NYSE: TEL) (TE), a world leader in connectivity
and sensors, today announced that it has named Heath A. Mitts the company's executive vice
president and chief financial officer (CFO), effective September 12, 2016.
Mitts joins TE from IDEX Corporation, where he most recently
served as senior vice president and CFO. IDEX (NYSE: IEX) is a
globally diversified company specializing in fluid, metering,
health and science technologies, as well as fire, safety and other
products. Prior to serving as CFO at IDEX, he held senior global
finance positions at PerkinElmer and Honeywell International. Mitts
holds an MBA in finance from Pennsylvania
State University and an undergraduate degree in finance and
political science from Southern Methodist
University.
"We are thrilled to welcome Heath aboard as our CFO," said TE
Chairman and Chief Executive Officer Tom
Lynch. "We are confident that with his strong financial
experience and track record, he will help us continue to deliver
consistently strong financial performance and value for our
shareholders."
Mario Calastri, who has served as
the TE's interim CFO since February will resume his position as
senior vice president and treasurer. "Mario did an excellent job
stepping into the role of interim CFO over the last seven months
and will work closely with Heath during the transition period,"
said Lynch.
ABOUT TE CONNECTIVITY
TE Connectivity (NYSE: TEL) is a
$12 billion global technology leader.
Our connectivity and sensor solutions are essential in today's
increasingly connected world. We collaborate with engineers to
transform their concepts into creations – redefining what's
possible using intelligent, efficient and high-performing TE
products and solutions proven in harsh environments. Our 72,000
people, including over 7,000 engineers, partner with customers in
close to 150 countries across a wide range of industries. We
believe EVERY CONNECTION COUNTS – www.TE.com.
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SOURCE TE Connectivity Ltd.