WWoodward designs control systems for large machines such as aircraft engines and industrial turbines. Its products include governors, fuel-injection controls, valves, sensors, actuators, and software that measure conditions, compute control signals, and adjust inputs like fuel flow and valve position to regulate performance. The company differentiates itself through deep energy-control expertise in aerospace and industrial markets and through strategic acquisitions, including L’Orange in 2018 and Valve Research & Manufacturing in 2026, plus a global footprint. Its goal is to enable high-performance, efficient, and dependable operation of complex energy-conversion systems and to support cleaner, more efficient energy use in aerospace and industry.
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Industries
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Fort Collins, Colorado
Founded
1870
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Total Funding
$700M
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Woodward, the aerospace and industrial energy control company, has appointed Paxton McVoy as executive vice president and chief information officer (CIO), effective October 19, 2026. He will report to chief executive officer Chip Blankenship and join the Executive Leadership Team. The role is newly created. McVoy will lead Woodward's global IT organisation and set its digital strategy, covering enterprise resource planning (ERP), data and analytics, artificial intelligence, cybersecurity, and business transformation. McVoy joins from Veralto, where he was senior vice president and CIO. After Veralto separated from Danaher, he led its global technology strategy and oversaw ERP across 13 operating companies. He previously held senior IT roles at Medtronic. Blankenship said McVoy will help set how technology supports Woodward's long-term growth strategy.
Woodward appoints Paxton McVoy as Chief Information Officer. October 16, 2026 08:00 ET | Source: Woodward, Inc. FORT COLLINS, Colo., Oct. 16, 2026 (GLOBE NEWSWIRE) - Woodward (NASDAQ: WWD), a global leader in aerospace and industrial energy control solutions, today announced the appointment of Paxton McVoy as Executive Vice President and Chief Information Officer (CIO), effective Oct. 19, 2026. He will join the company's Executive Leadership Team, reporting directly to Chief Executive Officer Chip Blankenship. In this newly created role, McVoy will lead Woodward's global information technology organization and set the direction for the company's digital strategy, including enterprise resource planning (ERP), data and analytics, artificial intelligence, cybersecurity, and technology-enabled business transformation. McVoy joins Woodward from Veralto, where he was Senior Vice President and Chief Information Officer. Following Veralto's separation from Danaher, he led the new public company's global technology strategy and operations and helped build Veralto's technology organization after the company became independent. His responsibilities included enterprise technology, cybersecurity, data and AI, infrastructure, procurement, and oversight of the ERP portfolio across 13 operating companies. Earlier in his career, he held senior IT leadership roles at Medtronic, including Vice President and CIO for the company's Surgical Innovations business. He also previously led Medtronic's transition from Oracle to SAP. "Paxton has a proven history of using technology to improve business performance and leading digital transformation across complex global organizations like ours. In this role he will help us to set the direction for how information technology will support our long-term growth strategy," said Chip Blankenship, Chairman and Chief Executive Officer of Woodward. "His experience shaping enterprise technology strategy, advancing AI capabilities, and building strong teams will help us strengthen Woodward's digital foundation in line with our efforts to serve customers and create shareholder value." "I am looking forward to joining Woodward at an important point in the company's growth," said McVoy. "Woodward's focus on innovation, operational excellence, and creating value for customers and shareholders creates a real opportunity to use technology as a strategic advantage. I look forward to working with the leadership team and Woodward members around the world to help ensure the success of the company's digital transformation." McVoy holds a Bachelor of Arts in Business from Otterbein University and an MBA from The Ohio State University. About Woodward, Inc. Woodward is the global leader in the design, manufacture, and service of energy conversion and control solutions for the aerospace and industrial equipment markets. Our purpose is to design and deliver energy control solutions our partners count on to power a clean future. Our innovative fluid, combustion, electrical, propulsion, and motion control systems perform in some of the world's harshest environments. Woodward is a global company headquartered in Fort Collins, Colorado, USA. Visit our website at www.woodward.com. Media Contact: Investor Relations: Dan Provaznik Director, Investor Relations 970-498-3849 [email protected] Release summary Woodward appoints Paxton McVoy as Chief Information Officer. Company Profile Woodward, Inc. Industry: Electrical Components & Equipment Website: https://woodward.com Recommended reading.
Woodward plans to move aerospace controls production from its Santa Clarita, California, facility to a new manufacturing campus in Spartanburg, South Carolina. The transition will relocate military fixed-wing and rotorcraft flight control actuation to the Spartanburg site, currently under construction. The company has also agreed to sell smaller legacy product lines for commercial rotorcraft, land systems, and business jets, along with the Santa Clarita campus. The transaction is expected to close in fiscal year 2027. Operations at Santa Clarita will cease no later than December 2027, affecting approximately 400 employees. The Spartanburg facility is scheduled to begin operations in summer 2027 and will produce Airbus A350 spoiler actuation systems alongside the transferred product lines.
Woodward to shut California plant, shift manufacturing to South Carolina (WWD:NASDAQ) | Invesloan.com. September 21, 2026 Updated:September 21, 2026 Woodward (WWD) said Monday it plans to shut a production facility in Santa Clarita, California, and move production of military fixed-wing and rotorcraft flight control actuation to its campus in Spartanburg, South Carolina, as part of its
Aerospace manufacturer Woodward Inc. to Close Santa Clarita Facility img:is([sizes="auto" i], [sizes^="auto," i]) {contain-intrinsic-size: 3000px 1500px} aerospace manufacturer Woodward Inc. to Close Santa Clarita Facility. Date: 09/21/2026 4:04pm Article Summary: Woodward Inc. to Close Santa Clarita Facility by 2027, Affecting About 400 Jobs as Production Moves to South Carolina Woodward Inc. plans to close its Santa Clarita aerospace facility by December 2027, affecting approximately 400 jobs as production shifts to a new campus in Spartanburg, South Carolina. The company also intends to sell the Santa Clarita site and several legacy product lines, with transition-related costs estimated at up to $47.5 million.
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Industries
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Fort Collins, Colorado
Founded
1870
Find jobs on Simplify and start your career today