New SVP Corp. Communications
23/06/2003 3:18pm
UK Regulatory
RNS Number:6473M
Tyco International Ld
23 June 2003
FOR IMMEDIATE RELEASE
TYCO APPOINTS CHARLES YOUNG AS SENIOR VICE PRESIDENT, CORPORATE COMMUNICATIONS
PEMBROKE, Bermuda -- June 23, 2003 -- Tyco International Ltd. (NYSE:TYC, BSX:
TYC, LSE: TYI) today announced the appointment of Charles Young as Senior Vice
President, Corporate Communications. He comes to Tyco from GE Medical Systems,
the healthcare technology division of General Electric, where he served as
General Manager of Global Marketing.
Mr. Young will be responsible for media relations, brand management, employee
communications, corporate philanthropy, community relations, and marketing
communications. He will report to Chairman and CEO Ed Breen.
Mr. Breen said: "Charlie Young is an outstanding global business leader who
brings to Tyco extensive communications and marketing experience from both the
manufacturing and services industries. Charlie will be instrumental in building
world-class communications processes supporting our internal and external
stakeholders globally. He will be an integral part of Tyco's senior leadership
team."
Mr. Young said: "Ed Breen and his leadership team are committed to creating one
of the world's most respected and successful companies. I believe in Tyco's
solid operating foundation and exciting future, and I am proud to lead the
effort to create a high-credibility, best-in-class communications team to ensure
that Tyco's key audiences are closely connected to the Company."
During his 15-year tenure with GE, Mr. Young held a number of positions of
increasing responsibility, including global marketing leader for GE Medical,
General Manager of Corporate Communications for GE Medical, and Director of
Communications and Public Affairs for GE Global Research. Mr. Young has
extensive functional experience in the areas of marketing, public relations,
marketing communications, brand management, and government relations.
Mr. Young holds a B.S. degree in Liberal Arts and Journalism from the State
University of New York College at Cortland.
About Tyco International
Tyco International Ltd. is a diversified manufacturing and service company. Tyco
is the world's largest manufacturer and servicer of electrical and electronic
components; the world's largest designer, manufacturer, installer and servicer
of undersea telecommunications systems; the world's largest manufacturer,
installer and provider of fire protection systems and electronic security
services and the world's largest manufacturer of specialty valves. Tyco also
holds strong leadership positions in medical device products, and plastics and
adhesives. Tyco operates in more than 100 countries and had fiscal 2002 revenues
from continuing operations of approximately $36 billion.
Forward-Looking Information
This release contains certain "forward-looking statements" within the meaning of
the United States Private Securities Litigation Reform Act of 1995. These
statements are based on management's current expectations and are subject to
risks, uncertainty and changes in circumstances, which may cause actual results,
performance or achievements to differ materially from anticipated results,
performance or achievements. All statements contained herein that are not
clearly historical in nature are forward looking and the words "anticipate," "
believe," "expect," "estimate," "project," and similar expressions are generally
intended to identify forward-looking statements. The forward-looking statements
in this release include statements addressing future financial condition and
operating results.
Economic, business, competitive and/or regulatory factors affecting Tyco's
businesses are examples of factors, among others, that could cause actual
results to differ materially from those described in the forward-looking
statements. More detailed information about these and other factors is set forth
in Tyco's Annual Report on Form 10-K for the fiscal year ended September 30,
2002 and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2003.
Tyco is under no obligation to (and expressly disclaims any such obligation to)
update or alter its forward-looking statements whether as a result of new
information, future events or otherwise.
Contact:
Gary Holmes (Media)
212-424-1314
Ed Arditte (Investors)
212-424-1390
This information is provided by RNS
The company news service from the London Stock Exchange
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