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Ducommun Appoints Oswald President/CEO

Ducommun Incorporated has announced Stephen G. Oswald as its new President and Chief Executive Officer. Anthony J. Reardon will relinquish his current operational duties but continue as executive chairman of Ducommun. Both Reardon and Oswald will be members of the company's board of directors.

"We are very excited to have Steve join Ducommun following his many years of achievement with an impressive array of blue chip companies," said Reardon. "The board led an extensive search to find an accomplished individual to assume the leadership of Ducommun, and Steve is clearly the right person for the job. With executive experience at organizations including Capital Safety, UTC, Hoechst Celanese and GE, his knowledge of relevant industrial businesses will help him immediately contribute to our financial results and long-term growth. Steve is a proven leader who we are confident can leverage Ducommun's capabilities and deliver higher returns for our shareholders."

Oswald added, "I am looking forward to working with Tony and the team along with the board of directors to deliver tremendous value to our aerospace and defense customers. With a talented and experienced workforce, new technologies coming online in 2017 and significant manufacturing capabilities that differentiate us from the competition, I believe the future is bright at Ducommun."

Oswald holds an MBA from the University of Chicago and a master's in industrial engineering from the University of Cincinnati. He is a graduate of New York University's Tandon School of Engineering with a Bachelor of Science in industrial engineering, and is also a graduate of the GE Manufacturing Management Program (MMP).

For more information contact:

Ducommun Incorporated

Corporate Headquarters

23301 Wilmington Avenue


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