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Leadership change Sep 2011 · Schaffhausen, Switzerland Verified

Tyco CEO Edward Breen to Resign Upon Completion of Separation

Edward D. Breen, Chairman and CEO of Tyco, notified the Board of his intention to resign as CEO, effective upon and conditional on the completion of the planned separation of the company's businesses.

“Edward D. Breen, Chairman and Chief Executive Officer of the Company, notified the Board of Directors that he intends to resign from his position as Chief Executive Officer of the Company, effective as of and conditional upon completion of the separation.”

Entities

Sentiment: Neutral

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.