Tyco Adds Buckley to Board

George W. Buckley, chairman and CEO of Brunswick Corp., becomes director of Tyco, replacing Joshua Berman, who resigned

December 5, 2002

1 Min Read

PEMBROKE, Bermuda -- Tyco International Ltd. (NYSE:TYC, BSX: TYC, LSE: TYI) announced today that George W. Buckley, Chairman and Chief Executive Officer of Brunswick Corporation (NYSE: BC), the world's largest manufacturer of recreational boats and marine engines, has been appointed to the Company's Board of Directors. Mr. Buckley will fill the seat vacated by Joshua Berman, who has resigned. Mr. Berman, who joined the Tyco Board in 1967, is the third Tyco director to resign following the Board's decision on September 12, 2002 that, following the appointment of Ed Breen as the new Chairman and Chief Executive Officer, the Board should consist of all new directors. Tyco Chairman and Chief Executive Officer Ed Breen said: "I would like to thank Josh Berman for his many years of service to Tyco. His wise counsel has been invaluable to Tyco over the years as the Company has grown from a small manufacturing business to one of the world's great diversified corporations. All of us at Tyco wish him well." Mr. Breen continued: "I believe that George Buckley will make many significant contributions to the future development of Tyco. He is a distinguished business leader with broad understanding of the challenges facing a global company, and he will bring a valuable perspective to the Board." Tyco International Ltd.

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