PEMBROKE, Bermuda, March 10 /PRNewswire-FirstCall/ -- Tyco
International Ltd. (NYSE: TYC; BSX: TYC) today announced the appointment of
Arun Nayar as the company's new Senior Vice President and Treasurer. Nayar,
whose appointment is effective today, will be based in Princeton, NJ and
report to Chief Financial Officer Christopher Coughlin.
"We are pleased to welcome Arun to our team," said Coughlin. "Arun
brings a wealth of financial leadership skills and experience to Tyco and a
proven track record as a global financial executive."
Nayar joins Tyco from Pepsico, Inc., where he most recently served as
Chief Financial Officer of Operations, and prior to that as Vice President
and Assistant Treasurer for its Capital Markets group. His career in
finance spans more than 35 years and includes 11 years at the engineering
company ABB Ltd. and 11 years at Westinghouse Electric Corporation. Prior
to that, he was an audit manager with Arthur Andersen LLP in Saudia Arabia.
Nayar began his career as an audit clerk at Hays Allan, an accounting firm
in London, England. He received his bachelor's degree in Economics from
India's University of Delhi, India and is a chartered accountant.
ABOUT TYCO INTERNATIONAL
Tyco International (NYSE: TYC) is a diversified, global company that
provides vital products and services to customers in more than 60
countries. Tyco is a leading provider of security products and services,
fire protection and detection products and services, valves and controls,
and other industrial products. Tyco had 2007 revenue of more than $18
billion and has 118,000 employees worldwide. More information on Tyco can
be found at http://www.tyco.com.
SOURCE Tyco International
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Related links:
http://www.tyco.com
CONTACT:
Paul Fitzhenry, +1-609-720-4261,
pfitzhenry@tyco.com, or Ed Arditte, +1-609-720-4621, or Karen
Chin, +1-609-720-4398, all of Tyco International
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