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TTM Technologies, Inc. (NASDAQ:TTMI), a leading global manufacturer of technology solutions including mission systems, radio frequency ("RF") components and RF microwave/microelectronic assemblies, quick-turn and technologically advanced printed circuit boards ("PCB"), today announced that Thomas T. Edman, the company's President and Chief Executive Officer, intends to retire following the appointment of the company's next President and CEO. The Board of Directors has begun a search for Mr. Edman's successor, which is expected to conclude before the end of 2025. Mr. Edman will remain as the company's President and CEO until a successor is named and will continue to serve as a Director of the company and a member of its Government Security Committee following the appointment of a new CEO. These decisions were made in line with the CEO's succession planning discussions with the Board of Directors over the past few years.
Mr. Edman has served as a Director of the company since 2004, President since 2013, and CEO since 2014, leading TTM through a transformative period of strategic growth, operational excellence and significant financial improvement. Under his leadership, the company reshaped its global manufacturing footprint, significantly strengthened its capabilities for the Aerospace and Defense market, broadened its focus in the Data Center Computing and Networking end markets supporting generative AI, and enhanced its position as a trusted partner to leading technology and industrial companies worldwide.
Posted In: TTMI