LOS ANGELES--(BUSINESS WIRE)--Mar. 1, 2016--
Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today
announced that Joel H. Benkie has decided to retire from his position as
president and chief operating officer effective March 31, 2016. Benkie,
59, joined Ducommun in 2012 as executive vice president and chief
operating officer and was named president in 2014.
“Joel has played an important leadership role at Ducommun during a
period of transition in our business and the markets we serve,” said
Anthony J. Reardon, chairman and chief executive officer. “He has
focused the Company on value-added solutions and championed our
operational excellence and process improvement initiatives. Over the
last few years we have put in place a highly experienced and effective
leadership team to drive market growth and the performance of Ducommun,
and we will ensure this continuity going forward. I want to thank Joel
for his contributions as a valued member of our executive team. We wish
him all the best in his retirement.”
About Ducommun Incorporated
Founded in 1849, Ducommun Incorporated provides engineering and
manufacturing services to the aerospace, defense, and other industries
through a wide spectrum of electronic and structural applications. The
company is an established supplier of critical components and assemblies
for commercial aircraft and military and space vehicles as well as for
the energy market, medical field, and industrial automation. It operates
through two primary business units – Ducommun AeroStructures (DAS) and
Ducommun LaBarge Technologies (DLT). Additional information can be found
at www.ducommun.com.
Statements contained in this press release regarding other than
recitation of historical facts are forward-looking statements. These
statements are identified by words such as “may,” “will,” “ begin,” “
look forward,” “expect,” “believe,” “intend,” “anticipate,” “should”,
“potential,” “estimate,” “continue,” “momentum” and other words
referring to events to occur in the future. These statements reflect the
Company’s current view of future events and are based on its assessment
of, and are subject to, a variety of risks and uncertainties beyond its
control, including, but not limited to, the state of the world
financial, credit, commodities and stock markets, and uncertainties
regarding the Company, its businesses and the industries in which it
operates, which are described in the Company’s filings with the
Securities and Exchange Commission. The Company is under no obligation
to (and expressly disclaims any such obligation to) update or alter its
forward-looking statements whether as a result of new information,
future events or otherwise.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160301005618/en/
Source: Ducommun Incorporated
Ducommun Incorporated
Douglas L. Groves, Vice President, Chief
Financial Officer and Treasurer
310-513-7200
or
Chris
Witty, Investor Relations
646-438-9385
cwitty@darrowir.com
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