UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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): October 1, 2016
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) | |
(216) 706-2960
(Registrant’s telephone number, including area code)
(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 registrants’ under any of the following provisions (see General Instruction A.2. below):
¨ | 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 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers.
As previously announced, Gregory Rufus, Senior Executive Vice President, retired from TransDigm Group Inc. (“TransDigm” or the “Company”) effective October 1, 2016. As Senior Executive Vice President, Mr. Rufus assisted in the transition of Terrance Paradie as Chief Financial Officer, a position which Mr. Rufus held at TransDigm from August 2000 until April 2015, and also assisted in managing TransDigm’s continued growth, talent development and various strategic projects. Mr. Rufus’s compensation and perquisites at retirement are materially consistent with items relating to executive retirements as more fully set forth in the Company’s most recent proxy statement, filed on January 21, 2016.
Item 7.01 Regulation FD Disclosure.
On October 6, 2016, the Company issued a press release announcing the retirement of Gregory Rufus as Senior Executive Vice President. A copy of the press release is furnished with this Current Report as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) | Exhibits |
The following exhibit is being filed with this Current Report on Form 8-K:
Exhibit 99.1 | Press Release dated October 6, 2016 | |
SIGNATURES
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/ Terrance Paradie | |
Terrance Paradie | ||
Executive Vice President and Chief Financial Officer | ||
Date: October 6, 2016
Exhibit Index
Exhibit No. | Description | ||||
99.1 | Press Release of TransDigm Group Incorporated, dated October 6, 2016. | ||||
Exhibit 99.1
TransDigm Announces Retirement of Gregory Rufus, Current Senior Executive Vice President and Former Chief Financial Officer, Effective October 1, 2016
CLEVELAND, October 6, 2016 /PRNewswire/ -- TransDigm Group Incorporated (NYSE: TDG) today announced the retirement of Gregory (Greg) Rufus, current Senior Executive Vice President and former Chief Financial Officer, effective October 1, 2016. TransDigm previously announced Greg’s intention to retire when Terrance (Terry) Paradie was appointed Chief Financial Officer in April 2015. As Senior Executive Officer, Greg assisted in the transition of Terry as Chief Financial Officer, a position Greg held from August 2000 until April 2015, and also assisted in managing TransDigm’s continued growth, talent development and various strategic projects.
W. Nicholas Howley, Chairman, President and Chief Executive Officer, stated “Greg has been a major contributor and a true partner in the success and growth of TransDigm over the last 16 years. During Greg’s tenure, TransDigm grew enterprise value from about $400 million to $25 billion; completed approximately 50 business acquisitions; raised about $19 billion of financing; and transitioned from a private company to a NYSE listed member of the S&P 500. He has been closely involved in almost every significant decision over that time and a key advisor to me. I can’t thank him enough for his hard work and support as the lead financial executive in the senior executive team at TransDigm for most of our history as well as his substantial contribution to our value focused strategy, performance and culture.”
About TransDigm
TransDigm Group Incorporated, 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, databus and power controls, cockpit security components and systems, specialized cockpit displays, aircraft audio systems, specialized lavatory components, seatbelts and safety restraints, engineered interior surfaces and related components, lighting and control technology, military personnel parachutes, high performance hoists, winches and lifting devices, and cargo loading, handling and delivery systems.
Contact: Liza Sabol
Investor Relations
(216) 706-2945
ir@transdigm.com