SANTA ANA, Calif., May 03, 2018 (GLOBE NEWSWIRE) -- 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, 310.513.7224
Chris Witty, Investor Relations, 646.438.9385, cwitty@darrowir.com