Teledyne adds investment banker Black and CEO Bobb to board

THOUSAND OAKS, Calif. - Teledyne Technologies Incorporated (NYSE:TDY) has appointed Laura Black, Managing Director of Needham & Company, and George C. Bobb III, the company’s President and Chief Executive Officer, to its Board of Directors, according to a company statement released Tuesday.

The appointments expand Teledyne’s board to 12 members from its previous 10. According to InvestingPro analysis, Teledyne maintains strong financial health with a "GOOD" overall rating, suggesting effective governance and operational execution.

Black, 64, has served as Managing Director at Needham & Company since 1999, where she has specialized in raising capital for technology companies and advising on mergers and acquisitions. Her previous experience includes roles at Black & Company, TRW Avionics & Surveillance Group, and as an electrical engineer at TRW. She currently serves on the boards of Viavi Solutions and Ichor Holdings.

Bobb, 51, became Teledyne’s President and CEO on April 28, 2025, after serving as President and Chief Operating Officer since January 2024. He joined Teledyne in 2008 and has held various executive positions within the company. Prior to Teledyne, Bobb worked at the U.S. Department of Justice and served as an officer in the U.S. Coast Guard.

"Laura and George will make excellent additions to Teledyne’s Board of Directors," said Robert Mehrabian, Executive Chairman, in the press release. He cited Black’s experience with mergers, acquisitions, and financings as valuable to Teledyne’s growth plans.

Teledyne Technologies provides digital imaging products, software, instrumentation, aerospace and defense electronics, and engineered systems. The company operates primarily in the United States, Canada, the United Kingdom, and parts of Europe. With annual revenue of $5.9 billion and a robust five-year revenue growth rate of 12%, Teledyne has demonstrated consistent performance. InvestingPro subscribers can access detailed financial analysis and 6 additional ProTips about Teledyne’s market position and growth potential through comprehensive Pro Research Reports, available for over 1,400 US stocks.

In other recent news, Teledyne Technologies reported its second-quarter earnings for 2025, surpassing Wall Street expectations with an earnings per share of $5.20, compared to the forecasted $5.05. The company also achieved revenue of $1.51 billion, exceeding the anticipated $1.48 billion. Following these results, Needham raised its price target for Teledyne to $585.00, up from $550.00, while maintaining a Buy rating. In addition to financial updates, Teledyne FLIR Defense received an order from U.S. Customs and Border Protection for 15 Griffin G510x portable chemical detectors, designed to identify narcotics such as fentanyl.

Furthermore, Teledyne Energy Systems successfully tested its Hydrogen Electrical Power System fuel cell aboard Blue Origin’s New Shepard rocket, marking progress in fuel cell technology for lunar missions. Teledyne FLIR Defense also opened a new office in Arlington, Virginia, near the Pentagon, enhancing its strategic presence in the area. These developments reflect Teledyne’s ongoing advancements and strategic moves across various sectors.

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