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.

Goltens Dubai selected as distributor for Woodward products in Mideast and Africa. 23 September 2026 Dubai, UAE - Goltens Company Ltd, Dubai Branch has been selected as an authorized distributor for Woodward and Woodward L'Orange-branded products. Woodward is a global leader in controls solutions for aerospace and industrial applications, serving regions in the Middle East and Africa. The agreement expands the long relationship between US-based Woodward, Inc and Goltens, combining Woodward's advanced fuel-injection technology with Goltens Dubai's extensive regional sales, engineering and service capabilities. Goltens Dubai will provide customers with Woodward products, technical support, spare parts and aftermarket services for marine, power generation and industrial applications. The product portfolio includes fuel-injection systems and components for large diesel engines authorized for distribution under the agreement. "Goltens has a long and successful history of supporting Woodward products and customers across the region," said Sandeep Seth, CEO of Goltens Worldwide. "The addition of Woodward products to our portfolio further strengthens our ability to provide comprehensive engine and fuel-system support. By combining world-class technology with Goltens' regional infrastructure, technical expertise and responsive field service, we can deliver greater value throughout the equipment lifecycle." Goltens Dubai provides specialized engine, controls, in-place machining and green-technology services to the marine, offshore, power generation and industrial sectors. Its experienced engineering and technical teams support customers throughout the Middle East and Africa from the company's facilities in the UAE and through Goltens' broader global service network. "Goltens' strong presence, technical expertise and established customer relationships throughout the Middle East and Africa make them an ideal distributor," said Silvia Leuze, Regional Sales Manager for Woodward. "This agreement will provide customers across the region with greater access to our fuel-injection technologies, supported by Goltens' responsive local sales, engineering and aftermarket service capabilities." Woodward fuel-injection technology is engineered for large engines operating in demanding marine, power generation and industrial environments. Its solutions are designed to support efficient combustion, reliable engine performance and the evolving requirements associated with lower-emission and alternative fuels. Customers will benefit from local access to product expertise, application support, spare parts and service resources. Goltens Dubai will support planned maintenance, troubleshooting and the replacement or modernization of existing fuel-injection components and systems. "The partnership is a natural extension of Goltens Dubai's large-engine and controls capabilities," added Seth. "Our objective is to give customers a responsive regional resource for the supply and support of Woodward products. Our teams understand the importance of equipment reliability and rapid technical support in minimizing vessel and plant downtime." In addition to countries within the Middle East, Goltens will also serve regions in Africa, including Angola, Botswana, Cabo Verde, Comoros, Djibouti, Eritrea, Ethiopia, Gambia, Ghana, Guinea, Kenya, Lesotho, Liberia, Libya, Madagascar, Malawi, Mauritius, Mozambique, Namibia, Nigeria, Rwanda, São Tomé and Príncipe, Seychelles, Somalia, South Africa, South Sudan, Sudan, Swaziland, Tanzania, Uganda, Zambia and Zimbabwe. About Goltens. Goltens is truly global and a trusted partner of choice providing comprehensive engine and turbine services, bespoke in-place machining solutions, energy control solutions, afloat services and environmental and sustainability compliance solutions from 28 locations in 15 countries across the globe, serving more than 3,700 clients each year. https://www.goltens.com/ Download a PDF of this Article. (Right click and select "Save File As..." or "Save Link As..." to save) Let Goltens solve your challenge. Goltens is the right partner for ship owners and power plant operators all over the world. Response to all service enquiries typically falls within 12 hours. Drop files here or Accepted file types: pdf, doc, docx, ppt, pptx, jpg, gif, png, Max. file size: 50 MB, Max. files: 5.

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.