Tyco appoints new Executive VP
Tyco International plc has announced the appointment of Robert E. Olson as Executive Vice President and Chief Financial Officer, effective following the filing of the company's annual report on Form 10-K with the U.S. Securities and Exchange Commission in November 2015.
Olson, 56, has joined the company and will serve as Chief Financial Officer Designate until then. He will succeed Arun Nayar, 65, who will step down from the CFO role at that time. Nayar will retire from the company at the end of this calendar year and will serve in an advisory capacity for the next several months to ensure an orderly transition into the 2016 calendar year.
Most recently, Olson served as the Executive Vice President and Chief Financial Officer of DISH Network Corporation, a provider of satellite video services and technology, for five years. Before that, he was the Chief Financial Officer of Trane Commercial Systems, the largest operating division of American Standard, from 2006 to 2008. Previously, Olson served as the Chief Financial Officer of AT&T’s Consumer Services division and later its Business Services division. He also held leadership roles in finance, marketing, operations and planning at American Airlines. Olson holds a Bachelor’s degree in chemical engineering from the University of Alabama and a Master’s degree in business administration from The University of California at Los Angeles.