April 28 (Reuters) - U.S. defense firm Teledyne
Technologies ( TDY ) said on Monday its CEO Edwin Roks has
retired from his position, and the board has appointed insider
George Bobb as its new chief executive, effective immediately.
Roks was named to his position in October of 2023. He joined
Teledyne ( TDY ) in 2011 with the acquisition of Teledyne DALSA and also
served as the company's chief technology officer.
Bobb, who has been president and chief operating officer
since January 1 last year, previously headed the company's
aerospace and defense electronics segment and its engineered
systems segment, among others.
"George and I will continue the development and execution of
Teledyne's ( TDY ) growth strategy, with George reporting directly to
me," Teledyne's ( TDY ) Executive Chairman Robert Mehrabian said.
The company last week topped estimates for first-quarter
profit and revenue, aided by sustained demand for its target
detection sensors and electronic components used in sectors such
as aerospace and defense.