leadership
confidence high
sentiment neutral
materiality 0.50
Teledyne Vice Chairman Jason VanWees to retire Feb 1, 2027; Mary Grace DeForest named VP of IR and M&A
TELEDYNE TECHNOLOGIES INC
- VanWees, Vice Chairman since 2021 and with Teledyne since before its 1999 spin-off, will retire effective February 1, 2027, at age 55.
- VanWees led the identification and acquisition of 75 businesses for cumulative consideration of $12.8 billion.
- Mary Grace DeForest, SVP and GM of Teledyne Microwave (880 employees, $320M annual revenue), becomes Corporate VP of Investor Relations and M&A effective November 1, 2026.
- Executive Chairman Robert Mehrabian cites compound annual shareholder return above 17% over nearly 27 years, sales up ~8x and market cap up over 100x; the roles overlap to ensure continuity.
- DeForest joined Teledyne in 2011 as a manufacturing engineer and has held roles at Teledyne Marine, Digital Imaging and Defense Electronics.