TE Connectivity plc has appointed Sam Eldessouky, the CFO of Bausch + Lomb Corporation, to its board of directors, effective October 4, 2024. Eldessouky brings extensive financial expertise, having served in various senior roles. Notably, he was the CFO of Bausch Health Companies from 2021 to 2022 and the controller and chief accounting officer from 2016 to 2021. Before that, he spent more than 12 years at Tyco International plc, where he served as the senior vice president, controller, and chief accounting officer from 2012 to 2016.
TE Connectivity plc (NYSE: TEL) is a global industrial technology leader with over 85,000 employees, including 8,000 engineers, operating in approximately 140 countries. The company provides connectivity and sensor solutions for various industries, including transportation, renewable energy, automated factories, data centers, and medical technology.
TE Connectivity plc aims to create a safer, sustainable, productive, and connected future through its broad range of products. The company's focus on innovation and global reach underscores its commitment to advancing industrial technology across diverse sectors. Following these announcements, the company's shares moved 0.5%, and are now trading at a price of $145.45. If you want to know more, read the company's complete 8-K report here.
