8-KEarnings & ResultsLeadership ChangesExhibits & Filings

CURTISS WRIGHT CORP 8-K Report, Financial Results (Feb 25, 2021)

Filed February 25, 2021For Securities:CW

Summary

Curtiss-Wright Corporation (CW) filed an 8-K on February 25, 2021, primarily to announce their fourth quarter and full-year 2020 financial results, which were released on February 24, 2021. The company also scheduled a conference call and webcast for February 25, 2021, to discuss these results and provide expectations for 2021 financial performance. Investors should refer to the press release (Exhibit 99.1) and the webcast presentation (Exhibit 99.2) for detailed financial information and forward-looking guidance. Additionally, this filing disclosed a significant executive transition. Kevin Rayment has been appointed as the new Vice President and Chief Operating Officer, effective April 1, 2021, succeeding Tom Quinly who will retire on the same date. Mr. Rayment has a long tenure with the company, holding various leadership roles, most recently as acting Chief Operating Officer. This appointment signals continuity in operational leadership.

Key Highlights

  • 1Curtiss-Wright announced its fourth quarter and full-year 2020 financial results on February 24, 2021.
  • 2A conference call and webcast were scheduled for February 25, 2021, to discuss 2020 performance and 2021 outlook.
  • 3Detailed financial results and the investor presentation are attached as Exhibits 99.1 and 99.2.
  • 4Kevin Rayment appointed Vice President and Chief Operating Officer, effective April 1, 2021.
  • 5Mr. Rayment will replace retiring COO Tom Quinly.
  • 6Mr. Rayment has extensive experience within Curtiss-Wright, most recently serving as acting COO.
  • 7Exhibit 99.3 provides the press release regarding Mr. Rayment's appointment.

Frequently Asked Questions

The detailed financial results were announced in a press release dated February 24, 2021 (Exhibit 99.1) and discussed during a webcast presentation on February 25, 2021 (Exhibit 99.2). Both are attached to this 8-K filing.

Kevin Rayment has been appointed as the new Vice President and Chief Operating Officer, effective April 1, 2021. He will succeed Tom Quinly, who is retiring on the same date.

Mr. Rayment has a long history with Curtiss-Wright, holding various leadership positions since 2004. Most recently, he served as acting Chief Operating Officer from January 2021 and prior to that, as President of the Commercial/Industrial Segment and Vice President and General Manager of the Industrial division.

Yes, the company scheduled a conference call and webcast to discuss its 2021 financial performance expectations. Investors should refer to the materials presented during that call (Exhibit 99.2) for this guidance.