
Teledyne Appoints George Bobb as Chief Executive Officer
THOUSAND OAKS, Calif.--(BUSINESS WIRE)--Teledyne Technologies Incorporated (NYSE:TDY) ('Teledyne') announced today that Teledyne's Board of Directors named George C. Bobb III as Teledyne's President and Chief Executive Officer, effective immediately. Simultaneously, Edwin Roks has retired as Teledyne's Chief Executive Officer, but will continue as a special advisor to Robert Mehrabian, Executive Chairman, through August 31, 2025.
'George has worked with me at Teledyne for 17 years and has excelled at every assignment given to him, including most recently as Teledyne's President and Chief Operating Officer,' said Robert Mehrabian, Executive Chairman. 'Together, George and I will continue the development and execution of Teledyne's growth strategy, with George reporting directly to me.'
Dr. Mehrabian added, 'I also want to thank Edwin for his 20 years of service, first starting in 2005 and then joining Teledyne in 2011 with the acquisition of DALSA Corporation. Edwin has been a strong contributor to Teledyne's growth in the digital imaging area and the advancement of technology across our business portfolio.'
Mr. Bobb, age 50, was Teledyne's President and Chief Operating Officer since January 1, 2024. Prior to that role, Mr. Bobb was President of Teledyne's Aerospace and Defense Electronics Segment and had executive leadership responsibility for the Marine Instrumentation group, the Engineered Systems Segment, Teledyne Scientific & Imaging, LLC, and Teledyne's Information Technology functions. First joining Teledyne in 2008, Mr. Bobb also held other executive and legal positions, including Chief Compliance Officer.
About Teledyne
Teledyne is a leading provider of sophisticated digital imaging products and software, instrumentation, aerospace and defense electronics, and engineered systems. Teledyne's operations are primarily located in the United States, Canada, the United Kingdom, and Western and Northern Europe. For more information, visit Teledyne's website at www.teledyne.com.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Wire
13 minutes ago
- Business Wire
Sirion Recognized as a Customers' Choice in 2025 Gartner® Voice of the Customer for Contract Life Cycle Management Report for Third Consecutive Year
LEHI, Utah--(BUSINESS WIRE)-- Sirion, a global leader in AI-native contract lifecycle management (CLM), today announced that it has been recognized as a Customers' Choice in the 2025 Gartner® Voice of the Customer for Contract Life Cycle Management Report - the only CLM vendor to be positioned in the Customers' Choice Quadrant three years in a row. A complimentary copy of the report is available here. This sustained recognition reflects our customer-first approach to providing tangible value across the customer journey, from sales, solution design, implementation, to post-deployment support. Share Based on verified feedback from end-users on Gartner® Peer Insights™, Sirion scored an overall rating of 4.9 out of 5 stars, with 97% of users (based on 100 reviews as of Jan. 31, 2025) saying they would recommend the platform. You can view user reviews for Sirion on Gartner Peer Insights here. "We are honored by the trust customers have consistently placed in Sirion,' said Rajeev Kumar, Chief Customer Officer, Sirion. 'We believe this sustained recognition reflects our customer-first approach to providing tangible value across the customer journey, from sales, solution design, implementation, to post-deployment support. We are focused on providing a seamless, conversational contracting experience with agentic AI, which will help customers unlock the full potential of their contracts.' Why Customers Trust Sirion to Deliver Lasting Value Every aspect of our business is tailored to maximize customer value. Sirion's agentic CLM platform is designed to deliver an autonomous contracting experience aligned with the requirements of global enterprises. These include deep self-service capabilities, user experience that promotes faster adoption, and extensive integrations with major enterprise systems that accelerate time-to-value. Beyond the platform, Sirion supports customers across every stage of their journey—from onboarding and training to value realization—through programs such as Sirion University and an active peer community to help customers get maximum RoI from their CLM investment. This holistic approach is why customers see Sirion not just as a software provider, but as a long-term business partner who they trust to manage over $800B in contract value across 70 countries. What Our Customers Say About Sirion 'GenAI based features like Ask Sirion and AE Turbo are working exceptionally well for the Company's needs. Additional GenAI features such as Issue Identification and Auto-Redlining look very promising. " [Read the full review here] – Legal and Compliance Associate; IT Services Company The tool is really intuitive and fast. For us, the ease of collaboration offered through Sirion's workflows is great. ' [Read the full review here] – Manager, Legal and Compliance; Energy and Utilities Company 'Sirion seamlessly integrated with our upstream and downstream systems to streamline our end-to-end contracting processes. " [Read the full review here] – Senior Architect; Telecommunication Company 'We have been able to create complex workflows within the system, and created a repository for all of our contracts allowing us to create data about them for follow up and analytics.' [Read the full review here] – S2P Data and Analytics Lead; Manufacturing Company The breadth of the product functionality ensures that the solution delivers value to all parts of our business across Sales, Delivery, Finance, Contracts, Legal and Operational teams.' [Read the full review here] – Commercial Contracts Manager; Telecommunication Company This latest distinction for Sirion follows its recent recognition as a Leader in the 2024 Gartner® Magic Quadrant™ for CLM for the third year in a row, the highest ranked vendor for all CLM Use Cases in the 2024 Gartner® Critical Capabilities for CLM, second year in a row. In 2025, Sirion was recognized as the No. 1 CLM Vendor in Spend Matters® Spring 2025 SolutionMap for the fourth successive time, a Leader in the 2025 Forrester Wave for CLM; Sirion is also a leader in 2024 IDC Marketscape: CLM for Corporate Legal, as well as 2023 IDC Marketscape: Buy-side CLM reports. We believe such consistent recognition from end users and analysts demonstrates why Sirion is the leading CLM vendor in the market today. Gartner, Magic Quadrant for Contract Life Cycle Management, Kaitlynn Sommers, Kerrie McDonald, Lynne Phelan, 14 October 2024. Gartner, Critical Capabilities for Contract Life Cycle Management, Kaitlynn Sommers, Kerrie McDonald, Lynne Phelan, 21 October 2024. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, MAGIC QUADRANT and PEER INSIGHTS are registered trademarks of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences with the vendors listed on the platform, should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose. About Sirion Sirion is the world's leading AI-native CLM platform, pioneering the application of Agentic AI to help enterprises transform the way they store, create, and manage contracts. The platform's extraction, conversational search, and AI-enhanced negotiation capabilities have revolutionized contracting across enterprise teams – from legal and procurement to sales and finance. The world's most valuable brands trust Sirion to manage 7M+ contracts worth nearly $800B and relationships with 1M+ suppliers and customers in 100+ languages. Leading analysts such as Gartner, IDC, and Spend Matters have consistently recognized Sirion as a leader in CLM for its focus on category-leading innovation. For more information, visit


Business Wire
13 minutes ago
- Business Wire
Gen Re Releases 2024 U.S. Individual Disability Market Survey Results
STAMFORD, Conn.--(BUSINESS WIRE)--Gen Re recently released its U.S. Individual Disability Market Survey which captures Non-Cancelable, Guaranteed Renewable, Guaranteed Standard Issue, and Buy-Sell new sales and inforce results. The number of survey participants was 16, dropping from 17 in the prior 2023 survey as one carrier exited the Individual Disability market. Those 16 carriers reported $5.5 billion of inforce premium, an increase of 3.2% over 2023 results. New sales were down 1.7% to $478.9 million, while the number of new policies written increased 3.7% in 2024. Gen Re releases 2024 U.S. Individual Disability Market Survey results: Carriers reported mixed results for Individual Disability insurance sales. Share Additional highlights from this annual benchmark report include: By product line, Non-Cancelable inforce premium grew 3.3% to $4.7 billion, representing 88% of total inforce premium. Guaranteed Renewable inforce premium grew 3.1% to $776.9 million, while Buy-Sell premium fell 4.6% to $44.9 million posting negative growth for the 16th consecutive year. Non-Cancelable and Guaranteed Renewable new sales premium fell 1.0% and 4.6%, respectively. After an increase of 14% in 2023, Buy-Sell new sales premium declined 23.9% in 2024. The total number of policies inforce remained level at 3.1 million, increasing less than 1% (0.2%). New Non-Cancelable and Guaranteed Renewable policies grew 1.2% and 7.9%, respectively, while new Buy-Sell policies declined 26.3% in 2024. The Market Survey is an annual benchmark survey produced by Gen Re, with the full results available only to participating companies. A summary report is available online at About Gen Re Gen Re, a Berkshire Hathaway Company, is one of the leading Life/Health and Property/Casualty reinsurers in the world. Our North American Life/Health reinsurance company, General Re Life Corporation, has superior financial strength ratings among Life and Health reinsurers. Gen Re delivers customized reinsurance programs and risk management solutions for the Life, Medicare Supplement, Critical Illness, and Individual Disability Income markets. Through our research, we also offer valuable information and insights.


Business Wire
19 minutes ago
- Business Wire
ACEL Power and Iconic Zero-Emission Vessel 'Porrima P111' Partner for Landmark International Launch
VANCOUVER, British Columbia--(BUSINESS WIRE)--ACEL Power Inc., a Canadian leader in intelligent electric propulsion systems, is proud to announce its participation in the relaunch of —the world's first zero-carbon vessel to circumnavigate the globe without fossil fuels. This collaboration marks the first phase of an ongoing partnership with Porrima to scale intelligent electric systems for auxiliary and main propulsion in future vessels. By contributing to this flagship project, ACEL Power is proud to join a global ecosystem of innovators committed to redefining the future of maritime mobility. Share Originally built in Switzerland and launched in 2010, Porrima made history by completing four global tours powered entirely by renewable energy. After arriving in Taiwan in 2023, the vessel has undergone more than a year of advanced retrofitting in southern Taiwan. The upgraded ship, now named Porrima P111, stands as a symbol of global collaboration in marine innovation and sustainability. The official launching ceremony took place on May 22, 2025, at Xingda Port, Kaohsiung City. Hosted by the Co-Founder of Porrima Stan Shih, the event was attended by Taiwan's Minister of Foreign Affairs Lin Chia-lung, Palau President Surangel Whipps Jr. and First Lady Valerie Whipps, highlighting growing diplomatic and environmental cooperation in the Pacific region. The presence of Pacific leaders reflects the growing alignment between technology, sustainability, and diplomacy — a vision ACEL Power supports as we expand into Asia-Pacific markets. As part of this groundbreaking partnership, ACEL Power is collaborating with Porrima to deliver its Intelligent Electric Series for the vessel's Rigid Inflatable Boat (RIB) tender, utilizing its 50HP system with 40Kwh Battery pack. More than electrification, this integration represents a leap towards intelligent marine mobility — combining zero-emission performance with digitalization. Together, ACEL and Porrima are setting a new global benchmark for sustainable, smart marine innovation. By contributing to this flagship project, ACEL Power is proud to join a global ecosystem of innovators committed to redefining the future of maritime mobility. Porrima was co-founded by Acer Group founder Stan Shih and 'Blue Economy' author Gunter Pauli, with a vision to position net-zero marine innovation as a pillar of future industry. The vessel's retrofit was led by a cross-industry collaboration driven by Shih, leveraging Taiwan's industrial capabilities to build a new zero-carbon marine supply chain. 'This moment marks both a celebration of the past and a bold step into the future,' said Anthony Liu, CEO of ACEL Power. 'We're honored to power part of Porrima's journey and excited to expand access to electric propulsion through our partnership with VIVIC.' About ACEL Power ACEL Power, headquartered in Vancouver, Canada, is a pioneering manufacturer of electric outboard propulsion systems, leading the marine industry in innovation and sustainability. Noted for introducing the world's first mass-produced 50 and 75HP electric motors, ACEL Power is committed to shaping a sustainable future through the creation of a smart electric eco-system. With a forward-looking vision, ACEL aims to offer a comprehensive range from 1HP to 650HP, establishing new benchmarks for marine propulsion in performance, safety, and longevity. Leveraging patented technology and integrated software solutions, ACEL Power is driving change towards a cleaner, more efficient boating experience. For more information, visit Watch ACEL's electric outboard motors in action here About Porrima P111 Pioneering Zero emission ship The ship originally designed in 2008 and built in 2010 was the first to circumnavigate the world in 2012 without a drop of oil under the name 'PlanetSolar'. In 2017, the solar energy system was strengthened with an intelligent kite operated by a robot and hydrogen made from seawater. After sailing the equivalent of four times around the world, Porrima is ready to industrialize these zero emissions ships which are 20% boat and 80% technologies. These ships support sustainable local economic growth and stimulates entrepreneurship for the common good. For more information, visit