Triumph Group Announces Departure of Chief Financial Officer

BERWYN, Pa.--(BUSINESS WIRE)--

Triumph Group, Inc. TGI today announced that Jeffrey L. McRae, Senior Vice President and Chief Financial Officer, will step down from that position following the filing of the company's Annual Report on Form 10-K for the fiscal year ended March 31, 2016, which is expected to occur in the second half of May, 2016. Mr. McRae, after more than five years of service to the company, has chosen to leave to pursue other interests. A search to identify Mr. McRae's successor is underway.

"We thank Jeff for his service to the company in both operational and financial roles, including vital contributions during the integration of our Vought Aircraft Industries acquisition and the expansion of our market share in business jets," said Daniel J. Crowley, Triumph's President and Chief Executive Officer. "We wish him every success in his future endeavors. We are committed to swiftly identifying a CFO that will have an integral role in driving Triumph's strategic priorities."

Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerostructures, aircraft components, accessories, subassemblies and systems. The company serves a broad, worldwide spectrum of the aviation industry, including original equipment manufacturers of commercial, regional, business and military aircraft and aircraft components, as well as commercial and regional airlines and air cargo carriers.

More information about Triumph Group can be found on the company's website at http://www.triumphgroup.com.

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