6 April 2020:Richard Goglia is appointed as the new independent director and member of the Audit and Finance committees of Triumph Group. Previously he has served as Raytheon Company's Corporate Treasurer for seventeen years and was an integral part of the team who executed a successful transformation effort that resulted in the company's return to a solid investment grade credit rating. Richard's work included debt restructuring and equity issuances, lender renegotiations, asset sales, and asset liquidations to reduce debt. Raytheon is a premier aerospace and defence company with global manufacturing capabilities.
"We are pleased to welcome Rich and know that his expertise in corporate finance and aerospace will make him a valuable independent director on the Triumph Group Board," said Daniel J. Crowley, Triumph's president and chief executive officer. "As we complete our transformation and work through global and industry challenges on our path to improved shareholder value, the addition of Rich will complement an already strong board."
"The Board welcomes Rich Goglia to Triumph and looks forward to drawing upon his relevant experience in our industry, financial acumen, and governance skills" said General Ralph "Ed" Eberhart, Triumph's non-executive chairman.