TE Connectivity
Categories
#460
Rank
$42.98B
Marketcap
Switzerland
Country
Mr. Heath A. Mitts (CFO, Exec. VP & Exec. Director)
Mr. John S. Jenkins Jr. (Exec. VP & Gen. Counsel)
Industrial Manufacturing
Technology
Summary
TE Connectivity Ltd., together with its subsidiaries, manufactures and sells connectivity and sensor solutions in Europe, the Middle East, Africa, Asia Pacific, and the Americas. The company operates through three segments: Transportation Solutions, Industrial Solutions, and Communications Solutions.
The Transportation Solutions segment provides terminals and connector systems and components, sensors, relays, antennas, heat shrink tubing, and application tooling products for use in the automotive, commercial transportation, and sensor markets. The Industrial Solutions segment offers terminals and connector systems and components; heat shrink tubing, interventional medical components, relays, and wires and cables for aerospace, defence, oil and gas, industrial equipment, medical, and energy markets. The Communications Solutions segment supplies electronic components, such as terminals and connector systems and components, relays, heat shrink tubing, and antennas for the data and devices, and appliances markets.
TE Connectivity Ltd. sells its products to approximately 140 countries primarily through direct sales to manufacturers, as well as through third-party distributors. The company was formerly known as Tyco Electronics Ltd. and changed its name to TE Connectivity Ltd. in March 2011. TE Connectivity Ltd. was incorporated in 2000 and is based in Schaffhausen, Switzerland.
History
In 1941, Aircraft and Marine Products was founded with solderless electrical connections for quick and removable wire connections used for aircraft and ships. After the wartime boom, the company had to adapt to the post-war economy and in 1956 the name was changed to AMP Incorporated when it incorporated.
In 1999, Tyco International acquired American electronics connector manufacturer AMP Incorporated. In September 2002 the CEO and CFO of Tyco International Ltd. were indicted on charges including fraud, racketeering, stock manipulation, and more, amounting to more than $600 million dollars of theft.
In July 2007, Tyco separated into three publicly independent companies, Covidien Ltd, Tyco Electronics Ltd, and Tyco International Ltd ). On March 10, 2011, Tyco Electronics Ltd changed its name to TE Connectivity Ltd, which the company said felt more relevant to its position as a connectivity and sensor component manufacturer. On August 28, 2015, TE Connectivity announced that it has completed the sale of its broadband-networks business to CommScope Holding Co. for about US$3 billion.
Mission
“At TE, we create a safer, sustainable, productive and more connected future.”
Vision
“All of us at TE must maintain our focus on delivering strong financial performance, growing faster than the market and delivering an extraordinary customer experience to help us achieve our strategic vision.”
Key Team
Mr. Steven T. Merkt (Pres of Transportation Solutions)
Mr. Shadrak W. Kroeger (Pres of Industrial Solutions Segment)
Mr. Joel Dubs (Sr. VP of Operations)
Mr. Joseph F. Eckroth Jr. (Chief Information Officer & Sr. VP)
Mr. Sujal Shah (VP of Investor Relations)
Mr. Timothy Murphy (Sr. VP & Chief HR Officer - Global HR)
Mr. Eric J. Resch (Sr. VP & Chief Tax Officer)
Recognition and Awards
References
https://en.wikipedia.org/wiki/TE_Connectivity
https://www.crunchbase.com/organization/tyco-electronics
https://sec.report/CIK/0001385157
https://finance.yahoo.com/quote/TEL/
https://www.comparably.com/companies/te-connectivity/mission
https://companiesmarketcap.com/largest-companies-by-revenue/
https://www.forbes.com/companies/te-connectivity/
https://www.reuters.com/companies/TEL.N
https://www.globaldata.com/company-profile/te-connectivity-ltd/
Mr. Heath A. Mitts (CFO, Exec. VP & Exec. Director)
Mr. John S. Jenkins Jr. (Exec. VP & Gen. Counsel)
Industrial Manufacturing
Technology