Summary
Curtiss-Wright Corporation (CW) filed an 8-K on May 7, 2020, primarily to announce its first-quarter 2020 financial results and a significant executive change. The company released its Q1 2020 earnings on May 6th, with a conference call scheduled for May 7th to discuss performance and 2020 outlook. Investors should note that the financial information provided in this report is furnished and not deemed filed. The most impactful news for investors is the retirement of long-serving CFO, Glenn E. Tynan, effective May 7, 2020. He will transition to a Vice President of Finance role until the end of September to ensure a smooth handover. K. Christopher Farkas, who has held various senior finance roles within the company since 2009, will succeed Mr. Tynan as the new Vice President and Chief Financial Officer.
Key Highlights
- 1Curtiss-Wright announced its Q1 2020 financial results on May 6, 2020.
- 2A conference call was scheduled for May 7, 2020, to discuss Q1 performance and the 2020 financial outlook.
- 3The furnished financial information in this report is not considered filed with the SEC for liability purposes.
- 4Glenn E. Tynan, the long-time Vice President and Chief Financial Officer, is retiring and stepping down from his CFO role effective May 7, 2020.
- 5Mr. Tynan will remain with the company as Vice President of Finance through September 2020 to ensure a seamless transition.
- 6K. Christopher Farkas has been appointed as the new Vice President and Chief Financial Officer.
- 7Mr. Farkas brings extensive financial experience within Curtiss-Wright and other industrial companies, holding roles in accounting, SEC reporting, and financial planning.