Former Andersen M&A Tax Partner, Lawrence S Smith, to serve on the Tyco Electronics board
Tyco International Ltd. has announced the nominees to the board of directors for Tyco Electronics as it becomes a separate, independently traded company in 2007. Nine of the 11 nominees are independent directors whose service becomes effective immediately upon separation.
Tyco Electronics is a leading global provider of engineered electronic components, network solutions and wireless systems with fiscal 2006 sales of $12.7 billion to customers in 150 countries. The company employs approximately 99,000 people around the world, serving customers in industries ranging from automotive, appliances and aerospace and defense to telecommunications, computers and consumer electronics.
Former Andersen M&A Tax Partner, Lawrence S Smith, is one of the nominees to serve on the Tyco Electronics board of directors.
Lawrence S. Smith is the executive vice president and Co-CFO at Comcast Corporation. He was named executive vice president in 1995 and Co-CFO in 2002, overseeing corporate development, accounting, reporting and tax matters. Comcast develops, manages, and operates broadband cable networks, and is involved in programming content. Before joining Comcast in 1988, Smith, 59 served as CFO at Advanta Corporation and as tax partner and head of the mergers and acquisitions practice at Arthur Andersen. He holds a bachelor’s degree from Ithaca College (N.Y.). He is also a director of Air Products & Chemicals, Inc., and MGM Holdings, Inc.
ABOUT TYCO INTERNATIONAL
Tyco International Ltd. is a global, diversified company that provides vital products and services to customers in four business segments: Electronics, Fire & Security, Healthcare, and Engineered Products & Services. With 2006 revenue of $41 billion, Tyco employs approximately 250,000 people worldwide. More information on Tyco can be found at www.tyco.com.
ABOUT TYCO ELECTRONICS
Tyco Electronics, currently a business segment of Tyco International Ltd., is a leading global provider of engineered electronic components, network solutions and wireless systems, with 2006 sales of $12.7 billion to customers in 150 countries. Tyco Electronics designs, manufactures and markets products for customers in industries from automotive, appliances and aerospace and defense to telecommunications, computers and consumer electronics. With over 8,000 engineers and worldwide manufacturing, sales and customer service capabilities, Tyco Electronics’ commitment is its customers’ advantage. More information on Tyco Electronics can be found at www.tycoelectronics.com.