SACRAMENTO, Calif., Sept. 25 /PRNewswire-FirstCall/ -- GenCorp Inc.
(NYSE: GY) announced today that Thomas A. Corcoran has joined its Board of
Directors. Mr. Corcoran is a senior advisor to the aerospace and defense
sector of the Carlyle Group, one of the world's largest private equity
firms. Mr. Corcoran is also president of Corcoran Enterprises, LLC, a
management-consulting firm. Before becoming a senior advisor, Mr. Corcoran
was president & chief executive officer of Gemini Air Cargo, a Carlyle
Group Company.
Prior to his roles with Carlyle, Mr. Corcoran was president and chief
executive officer of Allegheny Teledyne Incorporated. He also served as
president and chief operating officer of Lockheed Martin's Electronics and
Space sectors, as well as president of the Electronics Group of Martin
Marietta, a position he assumed in 1993 following the sale of GE Aerospace
to Martin Marietta.
Mr. Corcoran began his career in 1967 at General Electric Company (GE)
where he held various senior management positions. He joined GE Aerospace
in 1983 and was named a corporate officer and assumed the role of vice
president and general manager of GE Aerospace Operations in 1990.
"Tom brings an extensive industry background to the Board," said Scott
Neish, interim president and chief executive officer of GenCorp. "I look
forward to working with him as we continue to enhance Aerojet's market
share in the defense and space sectors."
Mr. Corcoran earned his B.A. in engineering at Stevens Institute of
Technology (Stevens) and is a graduate of the GE Manufacturing Management
Program. He also has an honorary Ph.D. from Stevens.
Mr. Corcoran currently serves on the boards of directors of three other
US listed public companies: L-3 Communications, REMEC, Inc. and LaBarge,
Inc. He is also a director with Aer Lingus, Ltd. based in Dublin, Ireland
and Serco, Ltd. based in Surry, UK. He is a member of the Board of Trustees
of Stevens and is a Trustee Emeritus at Worcester Polytechnic Institute.
Mr. Corcoran is based in Washington, DC.
About GenCorp
GenCorp is a leading technology-based manufacturer of aerospace and
defense products and systems with a real estate segment that includes
activities related to the entitlement, sale and leasing of the Company's
excess real estate assets. Additional information about the Company can be
obtained by visiting the Company's web site at http://www.GenCorp.com.
SOURCE GenCorp Inc.
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Related links:
http://www.gencorp.com
CONTACT:
Investors, Yasmin Seyal, senior vice
president and chief financial officer, +1-916-351-8585, or Media,
Linda Cutler, vice president, corporate communications,
+1-916-351-8650, both of GenCorp Inc.
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