THOUSAND OAKS, Calif. – September 3, 2015 – Teledyne Technologies Incorporated (NYSE:TDY) announced today the promotion of Mike Read to the position of President of Teledyne Marine, effective September 7, 2015.
Reporting to Al Pichelli, Executive Vice President of Teledyne for the Instrumentation and Aerospace and Defense Electronics Segments, Mr. Read will drive a leading edge group of undersea technology companies providing advanced solutions in oceanographic research, marine transportation, biological, offshore energy, defense and security and water resources markets. With annual revenue of approximately $665 million, Teledyne Marine provides an extended range of marine sensors, vehicles and end-to-end solutions and supports its customers with a network of 41 global manufacturing and service centers and 2,400 employees.
“Since joining Teledyne, Mike has been instrumental in driving growth and innovation in our oil and gas markets," said Robert Mehrabian, Chairman, President and Chief Executive Officer of Teledyne. “I am pleased to offer Mike this added responsibility to lead all of our marine businesses and provide our customers a single point of contact for all of our product offerings. I will also continue to rely on Mike for insight into our marine strategic direction, operations and investments."
Mr. Read, currently President of Teledyne Oil and Gas, joined Teledyne with the acquisition of Ocean Design, Inc. in 2006, where he served as President and Chief Executive Officer. Previous roles included management positions with Tyco International and Raychem Corporation. Mr. Read holds a B.Sc. degree in Chemistry from Aston University, Birmingham U.K. and has participated in executive education programs at Harvard Business School and INSEAD Business School.
Teledyne Technologies is a leading provider of sophisticated instrumentation, digital imaging products and software, aerospace and defense electronics, and engineered systems. Teledyne Technologies' operations are primarily located in the United States, Canada, the United Kingdom, and Western and Northern Europe. For more information, visit Teledyne Technologies' website at www.teledyne.com.
Investor Contact: Jason VanWees (805) 373-4542
