| Tyco International announced that Dr. Juergen W. Gromer, 62, president of Tyco Electronics, will retire on December 31, 2007. Until his retirement, Gromer will remain as president and will serve as an advisor to Tyco Electronics' Chief Executive Officer Tom Lynch. As previously announced, Gromer will join the Tyco Electronics board of directors when it becomes effective upon the completion of Tyco's proposed separation transaction and plans to serve on the board beyond his retirement from the company. In his 24 years at AMP/Tyco Electronics, Gromer has held a wide variety of regional and global assignments including senior vice president of worldwide sales and services, president of the global automotive division, vice president of central and Eastern Europe, and general manager of AMP Germany. The Tyco Electronics' executives leading the electronic components segment, who previously reported to Gromer, will now report to Lynch. |
