Jul 25, 2017: Triumph Group, Inc. announced that Pete Wick is being promoted to executive vice president of the Precision Components business unit, effective immediately. Wick will be based in the Arlington, Texas, office and will continue to report directly to Triumph Group CEO and President Dan Crowley.
In his new role, Wick will lead the more than 4,500 Precision Components employees who work in the business unit’s seven operating companies across 21 sites. Triumph Precision Components had annual revenues of $988 million in fiscal year 2017, and is a top provider of aluminum, hard metal and composite structure components and sub-assemblies serving the aerospace, nuclear and industrial sectors.
“We are pleased that Pete will take on this important role within our company,” said Dan Crowley. “I am confident that he will accelerate our efforts to improve operational efficiency and reduce costs to enhance Triumph Precision Components’ competitiveness in the marketplace.”
Wick joined Triumph Group in October 2016 as Vice President of Contracts, leading negotiations for Triumph’s key contracts. Before joining Triumph Group, Wick was Vice President Commercial for the North America business arm of GKN Aerospace. He has more than 26 years of experience working in the aerospace industry across the commercial and military aviation, space, and avionics sectors in programme management and functional roles.
Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a wide portfolio of aircraft structures, components, accessories, subassemblies and systems. The company serves an extensive, global spectrum of the aviation industry, including original equipment manufacturers of commercial, regional, business and military aircraft and aircraft components, as well as commercial and regional airlines and air cargo carriers.