CLEVELAND, Jan. 2, 2018 /PRNewswire/ -- TransDigm Group
Incorporated (NYSE: TDG), a leading global designer, producer and
supplier of highly engineered aircraft components, today announced
that James Skulina, an
Executive Vice President of the Company, has been appointed Interim
Chief Financial Officer, effective immediately. Mr. Skulina
replaces Terrance Paradie, who
resigned for personal reasons. Mr. Paradie will remain an
employee of the Company until April 2,
2018 and will be available to assist Mr. Skulina during the
transition as needed. Mr. Paradie's departure is unrelated to
the Company's financial condition, financial disclosure or
strategic direction. The Company will initiate a search
process to identify a permanent Chief Financial Officer.
"Jim has been a key member of the TransDigm management team and
closely involved in many of the significant developments at TDG for
over 20 years. He has substantial experience as a financial
and operating executive and we are pleased he has agreed to step in
as our interim CFO," said W. Nicholas
Howley, TransDigm Group's Chairman and CEO. "Our
financial performance and outlook remain strong, and I am confident
Jim will help guide us through a seamless transition as we search
for a permanent successor."
Mr. Skulina has been with the Company since 1994. For the
last six years, Mr. Skulina has been an Executive Vice President
responsible for many of TransDigm's existing businesses and new
acquisitions. He has also served the Company in
financial roles, including Corporate Controller and Controller for
the Company's AeroControlex business unit, and in other roles,
including President of the Company's AeroFluid Products
business. Mr. Skulina has an MBA from Cleveland State University and Bachelor of
Accounting degree from Bowling Green State
University.
About TransDigm Group
TransDigm Group, through its wholly-owned subsidiaries, is a
leading global designer, producer and supplier of highly engineered
aircraft components for use on nearly all commercial and military
aircraft in service today. Major product offerings, substantially
all of which are ultimately provided to end-users in the aerospace
industry, include mechanical/electro-mechanical actuators and
controls, ignition systems and engine technology, specialized pumps
and valves, power conditioning devices, specialized AC/DC electric
motors and generators, NiCad batteries and chargers, engineered
latching and locking devices, rods and locking devices, engineered
connectors and elastomers, databus and power controls, cockpit
security components and systems, specialized cockpit displays,
aircraft audio systems, specialized lavatory components, seatbelts
and safety restraints, engineered interior surfaces and related
components, lighting and control technology, military personnel
parachutes, high performance hoists, winches and lifting devices,
and cargo loading, handling and delivery systems.
Contact:
Liza Sabol
Investor Relations
(216) 706-2945
ir@transdigm.com
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SOURCE TransDigm Group Incorporated