Core Insights - TTM Technologies, Inc. announced the retirement of President and CEO Thomas T. Edman, with a search for his successor underway, expected to conclude by the end of 2025 [1][2][4] - Edman has been with the company since 2004, serving as President since 2013 and CEO since 2014, leading TTM through significant growth and operational improvements [2][3] - Under Edman's leadership, TTM has strengthened its capabilities in the Aerospace and Defense market and expanded its focus on Data Center Computing and Networking, particularly in support of generative AI [2][3] Company Performance - TTM is experiencing its strongest first half of any year in terms of revenue growth and margins, supported by a solid balance sheet for future growth [3] - The company has successfully integrated multiple acquisitions and diversified its end markets, enhancing its position as a global leader in advanced electronics solutions [3] Leadership Transition - Edman will remain as President and CEO until a successor is appointed and will continue to serve as a Director and member of the Government Security Committee post-transition [1][4] - The Board of Directors expressed gratitude for Edman's visionary leadership and commitment, noting his impact on the company's strategic direction [4]
TTM Technologies, Inc. Announces Retirement Plans of its CEO and Proceeds with CEO Successor Search