UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): May 30, 2012
TransDigm Group Incorporated
(Exact name of registrant as specified in its charter)
| Delaware | 001-32833 | 41-2101738 | ||
| (State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) | ||
| 1301 East 9th Street, Suite 3000, Cleveland, Ohio |
44114 | |||
| (Address of principal executive offices) | (Zip Code) | |||
Registrant’s telephone number, including area code: (216) 706-2960
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| Item 7.01. | Regulation FD Disclosure. |
On May 30, 2012 TransDigm Group Incorporated announced the passing of Albert J. Rodriguez, Executive Vice President of Business Development and Mergers & Acquisitions on Friday, May 25, at the age of 51 in Waco, Texas. Al Rodriguez had been with TransDigm since its founding in 1993 and was directly involved in most of the Company’s acquisitions and integration activities over that period.
On May 30, 2012, TransDigm also announced that Bernt G. (Bernie) Iversen, II, has been appointed Executive Vice President of Business Development and Mergers & Acquisitions. He succeeds Albert J. Rodriguez. Iversen has extensive aerospace experience, most recently as Executive Vice President responsible for a group of TransDigm business units. Bernie has been with TransDigm since the Company’s founding in 1993, holding various management positions, each with increasing levels of responsibility. He has been directly involved with numerous acquisitions and integration activities.
Copies of the press releases are attached to this Report as Exhibits 99.1 and 99.2.
| Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits
| 99.1 | Press Release issued May 30, 2012 | |
| 99.2 | Press Release issued May 30, 2012 | |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| TRANSDIGM GROUP INCORPORATED | ||
| By: | /s/ Gregory Rufus | |
| Name: Gregory Rufus | ||
|
Title: Executive Vice President, Chief Financial Officer and Secretary | ||
Dated: May 30, 2012
EXHIBIT INDEX
| 99.1 | Press Release issued May 30, 2012 | |
| 99.2 | Press Release issued May 30, 2012 | |
Exhibit 99.1
TransDigm Mourns the Death of Albert J. Rodriguez, Executive Vice President of Business Development and Mergers & Acquisitions
Cleveland, Ohio, May 30, 2012 — Albert J. Rodriguez, Executive Vice President of Business Development and Mergers & Acquisitions of TransDigm Group Incorporated (NYSE: TDG), passed away unexpectedly on Friday, May 25, at the age of 51 in Waco, Texas.
Al Rodriguez had been with TransDigm since its founding in 1993 and was directly involved in most of the Company’s acquisitions and integration activities over that period. Prior to being promoted to the newly created position of Executive Vice President of Business Development and Mergers & Acquisitions in 2006, his roles at TransDigm included President of the MarathonNorco Aerospace business unit in Waco and Director of Sales & Engineering at the Company’s AeroControlex Group near Cleveland. Prior to joining TransDigm, he had a range of aerospace sales, marketing, and technical responsibilities at IMO Industries, Kaiser Aerospace and Esterline. He earned a Bachelor of Science in Chemical Engineering from Stevens Institute of Technology in Hoboken, New Jersey, in 1982.
“We deeply mourn the passing of Al Rodriguez and extend our sincere condolences to his family,” said W. Nicholas Howley, TransDigm Chairman and Chief Executive Officer. “Al was an integral part of TransDigm’s management team from its founding, and he contributed significantly to the Company’s success. As Executive Vice President of Business Development and Mergers & Acquisitions, Al oversaw the successful acquisition and integration of approximately 25 companies between 2006 and 2012. That was a remarkable accomplishment. Al has been a good friend and business partner. He will truly be missed.”
About TransDigm Group
TransDigm Group, through its wholly-owned subsidiaries, is a leading global designer, producer and supplier of highly engineered aircraft components for use on nearly all commercial and military aircraft in service today. Major product offerings, substantially all of which are ultimately provided to end-users in the aerospace industry, include mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, NiCad batteries and chargers, engineered latching and locking devices, rods and locking devices, engineered connectors and elastomers, cockpit security components and systems, specialized cockpit displays, aircraft audio systems, specialized lavatory components, seatbelts and safety restraints, engineered interior surfaces and lighting and control technology.
| Contact: | Liza Sabol |
| Investor Relations |
| (216) 706-2945 |
| ir@transdigm.com |
Exhibit 99.2
TransDigm Group Appoints Bernt G. Iversen, II, as Executive Vice President of Business Development and Mergers & Acquisitions
Cleveland, Ohio, May 30, 2012/ — TransDigm Group Incorporated (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, announced that Bernt G. (Bernie) Iversen, II, has been appointed Executive Vice President of Business Development and Mergers & Acquisitions. He succeeds Albert J. Rodriguez, who passed away unexpectedly on Friday, May 25.
Bernie has extensive aerospace experience, most recently as Executive Vice President responsible for a group of TransDigm business units. Bernie has been with TransDigm since the Company’s founding in 1993, holding various management positions, each with increasing levels of responsibility. He has been directly involved with numerous acquisitions and integration activities. Prior to being named Executive Vice President in 2010, he was President of the Champion Aerospace business unit since 2006. Earlier, he was Director of Engineering, Sales and Marketing at Champion; Director of Sales and Marketing at the Company’s Adel Wiggins Group, and a Product Line Manager at the AeroControlex business unit. His prior aerospace experience included assignments as both an aerospace field salesman and major aerospace OEM relationship manager.
“Bernie brings the skill set, industry experiences, and unique knowledge of TransDigm’s culture and value creation process, that made Al Rodriguez so successful in this role,” said W. Nicholas Howley, Chairman and Chief Executive Officer. “We are fortunate to have an executive of his proven ability to quickly step into the assignment.”
Iversen received a Bachelor of Science degree in Mechanical Engineering from Western Michigan University.
About TransDigm Group
TransDigm Group, through its wholly-owned subsidiaries, is a leading global designer, producer and supplier of highly engineered aircraft components for use on nearly all commercial and military aircraft in service today. Major product offerings, substantially all of which are ultimately provided to end-users in the aerospace industry, include mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, NiCad batteries and chargers, engineered latching and locking devices, rods and locking devices, engineered connectors and elastomers, cockpit security components and systems, specialized cockpit displays, aircraft audio systems, specialized lavatory components, seatbelts and safety restraints, engineered interior surfaces and lighting and control technology.
| Contact: | Liza Sabol |
| Investor Relations |
| (216) 706-2945 |
| ir@transdigm.com |