Wyle CEO George Melton to Retire; COO Roger Wiederkehr to Succeed

EL SEGUNDO, Calif., Dec. 9, 2014 /PRNewswire/ -- Wyle announced today Chief Executive Officer and Chairman of the Board George Melton will retire at the end of the year. Melton will continue to serve as Chairman of the Board. The Board has appointed Wyle Chief Operating Officer Roger Wiederkehr to succeed George Melton as CEO and president.

"On behalf of Wyle's Board, I am pleased to announce Roger's appointment as CEO and president," said George Melton, Wyle CEO and chairman of the board. "As COO, and in his previous roles over the last nine years, Roger has worked closely with me to build the organization Wyle represents today. Roger has played an instrumental role in shaping our company's strategies and has demonstrated the ability to deliver results even in the most challenging environments."

"This decision was made as part of our planned succession process, which has been implemented over the last two years," Melton continued. "This seamless transition allows Wyle to continue to execute the company's strategies, while maintaining our commitment to delivering trusted services and solutions to our government customers."

Wiederkehr was appointed COO in December 2012. Since joining Wyle in 2005, he has held senior executive positions leading the company's mergers and acquisitions, as well as strategic planning activities, and overseeing the company's contracts, legal, and security functions. From 2008 to 2011, Wiederkehr also had primary responsibility for the day-to-day operations of Wyle's Test, Engineering, and Research Division. Prior to joining Wyle, Wiederkehr was a member of URS' Corporate Strategy Group and a management consultant with McKinsey & Company. He holds a law degree from the University of Zürich and received a master's degree in business administration from Yale University.

"It is truly a privilege to lead the 4,000 Wyle professionals who are helping our customers solve their most challenging problems every day," said Roger Wiederkehr, Wyle COO. "Wyle is an outstanding company with a great future and I look forward to working with the entire Wyle team to leverage our company's strengths, capabilities, and assets in the years ahead."

Melton joined Wyle as CEO and President in January 2005. Prior to joining the company, he served as president of URS' EG&G Division, CEO of EG&G, and president of several aerospace component and sub-system manufacturers that were ultimately acquired by BAE Systems. Under Melton's leadership, Wyle doubled in size from $450 million in annual revenues to approximately $900 million.

Wyle, a privately held company, is a leading provider of specialized engineering, professional, scientific and technical services to the federal government on long-term contracts. In addition to performing acquisition support and test and evaluation of aircraft, weapon systems, networks and other government assets, Wyle delivers a variety of engineering services to federal government customers including the Department of Defense and NASA. For more information on Wyle, please go to www.wyle.com.

Press Contact:
Liz Palm
DPR Group, Inc.
240-686-1000
[email protected]

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