TE Connectivity Taps IDEX's Mitts as CFO
August 31 2016 - 7:11AM
Dow Jones News
By Joshua Jamerson
TE Connectivity Ltd. (TEL) said Wednesday it named Heath Mitts
as its chief financial officer after Robert Hau resigned from the
role earlier this year.
Mr. Mitts appointment is effective September 12.
TE, formerly part of Tyco International (TYC) and headquartered
in Switzerland, makes connectivity and sensor products used by
telecommunications, automotive, aerospace and energy companies,
among others.
Mr. Mitts has resigned from his post as CFO at industrial
products maker IDEX Corp., effective September 9. IDEX said Michael
Yates would replace him as interim CFO. Prior to joining IDEX, Mr.
Mitts held finance positions at PerkinElmer and Honeywell
International. Mr. Yates has been at IDEX for 11 years, serving as
chief accounting officer since 2010.
In February, TE Connectivity said Mr. Hau, who joined the
company in 2012, would step down in March to relocate his family to
the midwest.
In its latest quarter, TE Connectivity reported
better-than-expected earnings as some expenses declined. IDEX's
results in the latest period also topped views.
Write to Joshua Jamerson at joshua.jamerson@wsj.com
(END) Dow Jones Newswires
August 31, 2016 06:56 ET (10:56 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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