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Business/Financial

New Triumph Chief Crowley Plans Strategic Review Before Charting Path Forward

By Cal Biesecker

Monday, January 4th, 2016

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New Triumph Chief Crowley Plans Strategic Review Before Charting Path Forward

Triumph's capabilities include composite structures for aircraft. Photo: Triumph Group

New Triumph Group [TGI] Chief Daniel Crowley will undertake a strategic review of the aerospace company to better target growth opportunities, including mergers and acquisitions, but his ultimate goal is to create long-term value for the company’s shareholders, he said in an interview last week.Triumph on Dec. 29 announced the appointment of Crowley as its new president and CEO effective Jan. 1, after first leading Raytheon’s [RTN] Network Centric Systems and then its Integrated Defense Systems segments during the last…

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