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Simply creating new Techs and either Deleting or marking the 'old' Techs as not "Active" would work just fine and shouldn't mess up any reporting or history.
If you delete them the records will still be in the database, but a field in the db will be toggled on for each particular Tech record (i think it would be setting this field in the tech table like this: IsDeleted = 1).
The references will still show the old Tech name but it may appear with a [D] after it (if it was deleted) or with an [I] after it (if it is just Inactive).
Perfect - thanks Kelly!