financetom
Business
financetom
/
Business
/
Teledyne CEO retires, insider Bobb to take over
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Teledyne CEO retires, insider Bobb to take over
May 25, 2025 8:20 PM

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.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
CarMax Fiscal Second-Quarter Earnings Miss Views, Revenue Beats Expectations
CarMax Fiscal Second-Quarter Earnings Miss Views, Revenue Beats Expectations
Sep 26, 2024
10:25 AM EDT, 09/26/2024 (MT Newswires) -- CarMax ( KMX ) on Thursday reported mixed fiscal second-quarter results, with earnings falling short of Wall Street's estimates and revenue topping expectations. The company posted earnings of $0.85 a share for the quarter ended August, up from $0.75 the year before but fell shy of the Capital IQ-polled consensus of $0.86. Sales...
Strong Global Entertainment Closes of Sale of Strong/MDI to Saltire
Strong Global Entertainment Closes of Sale of Strong/MDI to Saltire
Sep 26, 2024
10:22 AM EDT, 09/26/2024 (MT Newswires) -- Fundamental Global ( FGF ) unit Strong Global Entertainment ( SGE ) said Thursday the sale of Strong/MDI Screen Systems from Strong Global to Saltire has been closed. Strong Global received $29.5 million, comprising $0.8 million of cash, $9 million of Saltire preferred shares, and $19.7 million of Saltire common shares, Strong Global...
Zeta Global Unveils New AI Tools For Mobile Marketing: Details
Zeta Global Unveils New AI Tools For Mobile Marketing: Details
Sep 26, 2024
Zeta Global Holdings Corp. ( ZETA ) shares are trading higher on Thursday. The company disclosed a new intelligent mobile experience tailored for marketers aiming to integrate AI across all touchpoints, including mobile. This solution enables more effective personalized cross-channel campaigns, enhancing customer experiences and ensuring consistent identity across interactions. Additionally, Zeta is expanding its lineup of generative AI Agents...
Constellium Partners With Tesem for Sustainable Aluminum Production
Constellium Partners With Tesem for Sustainable Aluminum Production
Sep 26, 2024
10:22 AM EDT, 09/26/2024 (MT Newswires) -- Constellium (CSTM) said Thursday it is collaborating with packaging company Tesem for sustainable aluminum production through a closed-loop initiative. Financial terms of the partnership weren't disclosed. Under the partnership, Constellium and Tesem will form a closed-loop system to recycle high-purity aluminum, the company said. Constellium also said it will supply Tesem with aluminum...
Copyright 2023-2026 - www.financetom.com All Rights Reserved