Tyco International Ltd News

Dun & Bradstreet Chairman of the Board, Christopher Coughlin, will be honored later this evening by the National Association of Corporate Directors (NACD) as Director of the Year. "Dun & Bradstreet is extremely proud to have Chris as our Chairman of the Board," said Bob Carrigan, Chief Executive Officer and Director, Dun & Bradstreet. "Having worked with Chris for the past two years, I sincerely admire his abilities as a leader and strategist. He has built an inclusive board of directors here, and we all benefit from the wealth of knowledge and experience that he brings. Coughlin has years of experience in senior leadership roles which included serving as Chief Financial Officer of Tyco International Ltd.

PPG Industries  said Frank S. Sklarsky will join the company as executive vice president for  finance, effective April 15, reporting to Chairman and CEO Charles E. Bunch. Also, effective August 1, Sklarsky will be named PPG executive vice president and chief financial officer. David B. Navikas, currently PPG senior vice president, finance and chief financial officer, will continue in his current role until August 1, and will then continue as senior vice president in a senior leadership role that will be announced later. Most recently, Sklarsky was executive vice president and chief financial officer, Tyco International, Ltd., a global provider of security, fire protection and flow control solutions with revenues that exceeded $17 billion.

Curtiss-Wright Corporation (NYSE:CW) has acquired substantially all of the assets of Nu-Torque, a designer and manufacturer of electric and hydraulic valve actuation and control devices primarily for U.S. Navy ships. The business will become part of Curtiss-Wright's Flow Control segment. Curtiss-Wright Chairman and CEO Martin R. Benante said, "Nu-Torque also provides the opportunity to expand our presence in the U.S. Nu-Torque was founded in 1980 and acquired in 2002 by Tyco Flow Control, a unit of Tyco International Ltd. With annual sales of approximately $8m, typical applications for the Nu-Torque products are for valve automation of shipboard fluid systems, such as fire main, ballast and various safety systems on numerous categories of Navy combatant ships.