Teledyne Announces the Promotions of Aldo Pichelli and Jim Davis
Thousand Oaks, Calif. – August 27, 2007 - Teledyne Technologies Incorporated (NYSE:TDY) today announced the promotions of Aldo Pichelli to President and Chief Operating Officer of the Electronics and Communications Segment and Jim Davis to Senior Vice President and General Manager of the Teledyne Instruments group of companies.
“I am pleased to announce that the Board of Directors of Teledyne Technologies has approved the promotions of Al Pichelli to President and Chief Operating Officer of Teledyne’s Electronics and Communications segment and Jim Davis to Senior Vice President and General Manager of Teledyne’s Instruments group” said Robert Mehrabian, chairman, president and chief executive officer of Teledyne Technologies.
“Under Al’s leadership, the segment revenue has more than doubled to approximately $1 billion. This has been achieved by successfully executing a strategy of focused acquisitions, organic investments and a continuous emphasis on operational excellence.”
“I want to congratulate Al and Jim on their promotions. Their contributions are key to Teledyne’s continued profitable growth in our core markets of defense electronics, instrumentation and government systems engineering.”
Jim Davis has led the Instruments group in the past four years and has helped develop and implement Teledyne’s marine instrumentation growth strategy with the acquisition of four complementary businesses.
Effective September 1, 2007, Teledyne Isco, the segment’s largest instrument company will also report to Jim Davis.
About Teledyne Technologies Incorporated
Teledyne Technologies is a leading provider of sophisticated electronic components, instruments and communication products, systems engineering solutions, aerospace engines and components and on-site gas and power generation systems. Teledyne Technologies has operations in the United States, the United Kingdom, Mexico and Canada. For more information, visit Teledyne Technologies’ website at www.teledyne.com.
Investor Contact: Jason VanWees (805) 373-4542
Press Contact: Robyn McGowan (805) 373-4540