Ducommun Inc. (DCO) shares surged as much as 8.91% in pre-market trading on Wednesday, November 7th, 2024, following the company's announcement of two new independent board appointments and positive commentary on its strategic growth plans.
The aerospace and defense supplier appointed Daniel G. Korte and Daniel L. Boehle to its Board of Directors, effective November 5th, 2024. Both new directors bring extensive operational and financial expertise in the aerospace and defense industry, which is expected to support Ducommun in executing its "VISION 2027" strategy.
Korte is a seasoned aerospace and defense executive with a track record of driving revenue growth and profitability, previously serving in senior roles at PPG Industries, LMI Aerospace, Rolls-Royce, and Boeing. Boehle is a talented finance executive, currently the CFO at TTM Technologies, with previous experience as the CFO of Aerojet Rocketdyne.
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