8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): June 18, 2015

Teledyne Technologies Incorporated

(Exact name of registrant as specified in its charter)

Delaware (State or other jurisdiction of incorporation) 1-15295 (Commission File Number) 25-1843385 (I.R.S. Employer Identification No.)

1049 Camino Dos Rios Thousand Oaks, California (Address of principal executive offices) 91360 (Zip Code)

Registrant’s telephone number, including area code: (805) 373-4545

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240. 13e-4(c))

Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On June 18, 2015, Teledyne Technologies Incorporated ("Teledyne") announced that, effective July 1, 2015, Teledyne's Board of Directors fixed the number of directors at 11 and appointed Robert A. Malone as a Class III Director for a term expiring at the 2017 Annual Meeting of Stockholders. Mr. Malone will become a member of the Audit Committee and the Personnel and Compensation Committee of the Teledyne Board.

Mr. Malone, age 63, has been the Executive Chairman, President and Chief Executive Officer of First Sonora Bancshares, Inc., a community bank, since 2014. Previously, Mr. Malone served as the President and Chief Executive Officer of The First National Bank of Sonora, Texas (a community bank owned by First Sonora Bancshares, Inc.) from 2009 to 2014. Mr. Malone was also an Executive Vice President of BP plc, an integrated oil and gas company, and Chairman of the Board and President, BP America Inc. from 2006 to 2009. Mr. Malone has been a director of Halliburton Company, a provider products and services to the energy industry, since 2009 and has been a director of Peabody Energy Corporation, a coal mining company, since 2009. Mr. Malone was appointed by the Governor of California as a founding Board member of the California Climate Registry and by Governor of Alaska as a founding Board member of the Alaska Children’s Trust and was named to the Board of Regents for the University of Alaska System. Mr. Malone is on the faculty of the Stanford Law School Directors College.

As a non-employee director, Mr. Malone will be entitled to receive an annual retainer fee, currently $110,000. For 2015, the retainer fee for Mr. Malone will be $55,000, payable on July 1, 2015. Each non-employee director is also automatically granted a restricted stock unit award on the date of the Annual Meeting of Stockholders equal to $110,000 divided by the fair market value of a share of Teledyne common stock on the date of grant, rounded down to the nearest whole unit share. If a person such as Mr. Malone becomes a non-employee director for the first time on a date other than an Annual Meeting date, such non-employee director will automatically be granted an award of restricted stock units, effective as of the date of becoming a director, equal to $55,000 divided by the fair market value of a share of Teledyne common stock on the date of grant, rounded down to the nearest whole share. The restricted stock unit award vests on the earlier of (a) one year after the date of grant, (b) upon a separation of the director from board service, or (c) upon a change of control. Shares of stock underlying the restricted

stock award will be issued upon vesting unless the director elects to defer issuance until such time as the director separates from board service.

A press release dated June 18, 2015, announcing Mr. Malone’s appointment as a new member of Teledyne’s Board of Directors is included as Exhibit 99.1 to this report.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit 99.1 Press Release dated June 18, 2015

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

TELEDYNE TECHNOLOGIES INCORPORATED

By:    /s/ Melanie S. Cibik

Melanie S. Cibik

Senior Vice President, General Counsel and Secretary

Dated June 18, 2015

EXHIBIT INDEX

Description

Exhibit 99.1 Press Release dated June 18, 2015

EX-99.1

NEWSRELEASE

Teledyne Appoints Bob Malone to Board of Directors

THOUSAND OAKS, Calif. – June 18, 2015 – Teledyne Technologies Incorporated (NYSE:TDY) announced today the appointment of Robert A. Malone, Executive Chairman, President and Chief Executive Officer of First Sonora Bancshares, to the company’s board of directors, effective July 1, 2015. The addition of Mr. Malone raises the number of board members to 11.

Mr. Malone joined Sonora Bank following his retirement from BP p.l.c. in 2009. Previously, he served as an Executive Vice President of BP and was the Chairman and President of BP America Inc. from July 2006 until March 2009.

“I am very pleased that Bob has agreed to join our Board,” said Robert Mehrabian, Chairman, President and Chief Executive Officer of Teledyne. “Bob’s extensive experience in the energy and natural resources industries will deepen our insight into these complex, global markets.”

Prior to his retirement from BP, Mr. Malone was BP’s chief representative in the United States and served on BP’s Executive Management team in London. At that time, the company was one of the United States’ largest producers of oil and natural gas. Prior to this role, Mr. Malone served as the Chief Executive of BP Shipping Limited from November 2002 until July 2006. He also served from March 1993 to April 1996 as a Member, and then Chairman, of the Owners Committee of the Trans Alaska Oil Pipeline System (TAPS). In April 1996, he was named by the Owners Committee as the President, CEO and COO of the operating company for TAPS, Alyeska Pipeline Service Company. Malone served in that capacity until April 2000, when he was asked to lead the integration efforts for BP’s acquisition of the Atlantic Richfield Corporation (ARCO). Mr. Malone began his career in 1974 with Kennecott Copper Corporation as a Pyro-Metallurgical Engineer in the copper mines of the Western United States.

He currently serves as an Independent Director of the Halliburton Company and Peabody Energy Corporation. He is also a Director of the privately held First Sonora Bancshares and INTERA Incorporated.

Mr. Malone holds a Bachelor of Science degree in Metallurgical Engineering from the University of Texas at El Paso, and was an Alfred P. Sloan Fellow at the Massachusetts Institute of Technology where he received a Master of Science in Management.

Teledyne Technologies is a leading provider of sophisticated instrumentation, digital imaging products and software, aerospace and defense electronics, and engineered systems. Teledyne Technologies’ operations are primarily located in the United States, Canada, the United Kingdom, and Western and Northern Europe. For more information, visit Teledyne Technologies’ website at www.teledyne.com.

Contact: Jason VanWees
(805) 373-4542