What changed
VanWees, who joined Teledyne prior to its 1999 spin-off and became Vice Chairman in 2021, will retire effective February 1, 2027, at age 55. He led the identification and acquisition of 75 complementary businesses for cumulative consideration of $12.8 billion. Mary Grace DeForest, currently Senior Vice President and General Manager of Teledyne Microwave, where she has P&L responsibility for businesses with 880 employees and annual revenue of $320 million, becomes Corporate Vice President of Investor Relations and Mergers and Acquisitions effective November 1, 2026. The overlap is intended to ensure continuity in the role.
Why it matters
VanWees, who joined Teledyne prior to its 1999 spin-off and became Vice Chairman in 2021, will retire effective February 1, 2027, at age 55. He led the identification and acquisition of 75 complementa