Ducommun Appoints Stephen Oswald as Chairman of its Board of Directors
May 03 2018 - 1:41PM
Ducommun Incorporated (NYSE:DCO) announced at its Annual Meeting of
Shareholders on May 2, 2018, that Stephen G. Oswald, Ducommun’s
President and CEO, has been appointed Chairman of the Board,
effective immediately, in addition to his other current
responsibilities.
“After closely watching Steve’s strong
leadership as our President and CEO for more than 15 months, the
Board is confident that Steve will be equally effective with the
added role of Chairman,” said Robert Paulson, Ducommun’s Lead
Independent Director.
Oswald joined the company in January 2017 as
President and CEO after working in both private equity and at
several large, multinational corporations. He replaces Tony
Reardon, who has retired after six years as Chairman of the Board
of Directors and a total of 20 years with Ducommun.
About Ducommun Incorporated
Ducommun Incorporated delivers value-added innovative manufacturing
solutions to customers in the aerospace, defense and industrial
markets. Founded in 1849, it is the oldest continuous company in
CA, specializing in two core areas – Electronic Systems and
Structural Systems – to produce complex products and components for
commercial aircraft platforms, mission-critical military and space
programs, and sophisticated industrial applications. For more
information, visit www.ducommun.com.
This press release includes "forward looking
statements" which are based on assumptions currently believed to be
valid, but they involve risks and uncertainties that could cause
our actual results to differ materially from those expressed in the
forward-looking statements. Important uncertainties that could
cause our actual results to differ from those expressed in the
forward-looking statements are identified in our reports filed with
the SEC, including our Quarterly Reports on Form 10-Q, our Annual
Reports on Form 10-K, and our Current Reports on Form 8-K. The
forward-looking statements included in this press release are made
only as of the date of this press release, and Ducommun does not
undertake any obligation to (and expressly disclaims any such
obligation to) update the forward-looking statements to reflect
subsequent events or circumstances.
CONTACTS: Douglas L. Groves, Vice President,
Chief Financial Officer and Treasurer, 310.513.7224Chris Witty,
Investor Relations, 646.438.9385, cwitty@darrowir.com
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