BERWYN, Pa., Aug. 10, 2021 /PRNewswire/ -- Triumph Group
[NYSE:TGI] ("Triumph" or the "Company") today announced the
appointment of Jennifer H. Allen,
the Company's Senior Vice President, General Counsel &
Secretary, to the newly created position of Chief Administrative
Officer. In this role, she will have oversight of the
Company's human resources and information technology functions as
well as her existing legal and compliance activities.
Ms. Allen joined the Company in September of 2018 as General
Counsel and has helped reshape the Company's program and business
portfolio. She also has been involved in Triumph's debt
retirement, refinancing and equity offering activity. More
recently, she assumed leadership of the Company's Environmental,
Sustainability, and Governance efforts.
Daniel J. Crowley, Triumph's
Chairman, President and Chief Executive Officer, said, "An
outstanding leader and manager, Jenn has the demonstrated ability
to drive transformational change while living Triumph's core
values. A key asset to the Company and our stakeholders and
advocate for diversity and inclusion, Jenn is helping Triumph
attract and retain the best talent. In her new role, she will
bring together the teams who are dedicated to our people, law,
security, information technology, compliance, and inclusion to work
toward our future state objectives. Jenn is the right person
to advance Triumph's strategy and continue transformation of these
functions."
Mr. Crowley continued, "I would also like to thank Lance Turner, Triumph's Chief Human Resources
Officer, as he leaves Triumph to relocate in connection with his
family's planned move to California. Lance's work to
modernize Triumph's human resource practices and processes, and to
upgrade our talent, has been key to our operational and financial
turnaround."
Separately, Stacey Clapp has been
promoted to Chief Commercial Officer and Vice President of
Contracts, reflecting his many contributions to improving Triumph's
business practices and contract and pricing baselines.
Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, designs, engineers,
manufactures, repairs and overhauls a broad portfolio of aerospace
and defense systems, components and structures. The company serves
the global aviation industry, including original equipment
manufacturers and the full spectrum of military and commercial
aircraft operators.
More information about Triumph can be found on the company's
website at www.triumphgroup.com.
Forward Looking Statements
Statements in this release which are not historical facts are
forward-looking statements under the provisions of the Private
Securities Litigation Reform Act of 1995, including statements of
expectations about the Company's operations and transformation in
the future. All forward-looking statements involve risks and
uncertainties which 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 Group's reports filed with the SEC,
including our Annual Report on Form 10-K for the fiscal year ended
March 31, 2021.
Widespread health developments, including the recent global
coronavirus (COVID-19), and the responses thereto (such as
voluntary and in some cases, mandatory quarantines as well as shut
downs and other restrictions on travel and commercial, social and
other activities) could adversely and materially affect, among
other things, the economic and financial markets and labor
resources of the countries in which we operate, our manufacturing
and supply chain operations, commercial operations and sales force,
administrative personnel, third-party service providers, business
partners and customers and the demand for our products, which could
result in a material adverse effect on our business, financial
conditions and results of operations.
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SOURCE Triumph Group