Gen. Eberhart is expected to remain on the Board as a director following the transition.
Mr. Mansfield joined the Board in November 2012 and, since July 2020, has served as Chair of the Finance Committee.
He previously served as Chair of the Compensation and Management Development Committee from July 2018 to July 2020, and as Chair of the Audit committee from July 2015 to July 2018.
General Larry O. Spencer, Chair of Triumph’s nominating and corporate governance committee, said: “Bill is well qualified to serve as Lead Independent Director.
“Throughout his tenure, Bill has been a strong leader and tremendous asset to the Board, and, together with the rest of the directors, we are confident he will uphold Triumph’s commitment to best-in-class corporate governance in his new position.”
Colleen C. Repplier, who has served as a director since August 2019, will take over as Chair of the Finance Committee, effective July 21, 2021.
A former senior executive at Johnson Controls, Tyco International, and The Home Depot, Colleen also serves as Lead Independent Director at Kimball Electronics Inc.
Daniel J. Crowley, Triumph’s chair, president and chief executive officer, said: “Bill’s years of experience as a public company chair and CEO and deep knowledge of Triumph will maintain strong board independence and support the Company’s efforts to drive shareholder value.
“We are also pleased that Triumph will continue to benefit from Ed’s valuable industry and government insights and experience in his continuing role as a director.”