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Curtiss-Wright announces CFO transition. MWN-AI** Summary. Curtiss-Wright Corporation (NYSE: CW) has announced the retirement of K. Christopher Farkas, the company's Executive Vice President and Chief Financial Officer, effective at the end of the calendar year. In preparation for his retirement, Farkas has stepped down as CFO but will remain in his role as Executive Vice President to ensure a smooth transition. Gary Ogilby, currently the Senior Vice President and Corporate Controller, will take over as interim CFO beginning October 6, 2026, while the Board of Directors conducts a search for a permanent replacement. Lynn Bamford, Chair and CEO of Curtiss-Wright, praised Farkas for his leadership over the past six years, highlighting his contributions to the company's financial performance and shareholder value. Farkas has been with the company since 2009 and has held various positions, including Vice President and Corporate Controller. He expressed pride in his tenure at Curtiss-Wright and confidence in the company's finance team, particularly in Ogilby's capabilities. Gary Ogilby has been with Curtiss-Wright since 2010, serving as the Vice President and Corporate Controller since 2020. He has extensive experience in financial operations, planning, reporting, and audit coordination. His background in auditing, gained during his time at Ernst & Young, further supports his new responsibilities as interim CFO. Notably, the transitions within the company are unrelated to its overall business or financial performance. Curtiss-Wright, known for delivering advanced engineered solutions primarily in the Aerospace & Defense sectors, is set to report its earnings on November 4, 2026, marking a significant period for the company as it navigates this leadership change. MWN-AI** analysis. Curtiss-Wright Corporation's recent announcement regarding the retirement of CFO K. Christopher Farkas and the appointment of Gary Ogilby as interim CFO warrants careful analysis for investors. Mr. Farkas's tenure has been marked by strong financial performance and strategic initiatives, particularly the 'Pivot to Growth' strategy, which suggests a solid foundation has been laid. His departure is not attributed to any operational or financial issues, which should provide some comfort to stakeholders. Investors should view the interim CFO appointment of Gary Ogilby - who has been with the company since 2010 and has deep insights into the financial organization - as a positive. His prior responsibilities include oversight of financial planning, internal controls, and strategic acquisitions, indicating continuity in leadership. Furthermore, Ogilby's extensive background in auditing with Ernst & Young signals a robust capability to maintain financial and compliance standards during this transition. However, investors should remain vigilant during this transient phase. Key indicators to monitor include the stock performance leading up to the next earnings release on November 4, 2026, and the speed at which the Board of Directors identifies and secures a permanent CFO. The corporate transition could create volatility in the short term, as market perception often hinges on leadership continuity and strategic direction. In conclusion, while the underlying business remains strong, investors may adopt a cautious stance, keeping a close eye on the upcoming quarterly earnings and evaluating the management's effectiveness in maintaining operational momentum during this leadership change. A careful assessment of the interim CFO's direction and the eventual permanent successor will be critical in determining Curtiss-Wright's stock trajectory in the near future. **MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release. October 06, 2026 04:30:00 pm Curtiss-Wright Corporation (NYSE: CW) today announced that K. Christopher Farkas, Executive Vice President and Chief Financial Officer, will be retiring effective at calendar year-end. In connection with his retirement, Mr. Farkas has stepped down from his position as Chief Financial Officer, but he will remain with the Company as Executive Vice President until the Retirement Date to facilitate a seamless transition. Gary Ogilby, Senior Vice President and Corporate Controller, will serve as interim CFO, effective October 6, 2026, while the Board of Directors conducts a comprehensive search for a permanent successor. "On behalf of the Board of Directors and the Curtiss-Wright leadership team, I want to thank Chris for his excellence in leading our finance function as CFO over the past six years," said Lynn Bamford, Chair and Chief Executive Officer. "Chris has played an important role in our strong financial performance and healthy balance sheet, while helping to create tremendous value for our shareholders. I've appreciated Chris' partnership in executing our Pivot to Growth strategy and congratulate him on an impressive career at Curtiss-Wright." "It has been a distinct privilege to serve as Curtiss-Wright's CFO over the past six years and help shape the company over my nearly two decades in the finance function," said Farkas." "I am proud of our disciplined approach to capital allocation and ability to deliver consistent returns and immense value for our shareholders. Gary has been an integral part of our financial processes for many years. I have complete confidence in him and in the strength of our finance organization, and we will ensure that this transition will be seamless. I want to thank the leadership team, finance team and Board for their partnership and I look forward to the Company's continued momentum and success." K. Christopher Farkas joined Curtiss-Wright in 2009 and has held roles of increasing responsibility over the years, including Vice President and Corporate Controller, Vice President of Finance, and, since 2020, Chief Financial Officer. As CFO, he has led the Company's finance organization, helping to build on Curtiss-Wright's strong foundation of operational excellence and financial discipline. The decision by Mr. Farkas is unrelated to the business or financial performance of the company, which reports earnings on November 4, 2026. Gary A. Ogilby joined Curtiss-Wright in 2010 and has served as Vice President and Corporate Controller since 2020 and Senior Vice President since 2026. With more than 20 years of experience, he oversees the Company's accounting operations, financial planning and analysis, financial reporting, internal controls and audit coordination, and leads the monthly and quarterly close. He has contributed to Curtiss-Wright's active portfolio management, including numerous strategic acquisitions during a period of substantial growth in market capitalization. He will continue in this role in addition to serving as interim CFO. Prior to joining Curtiss-Wright, he worked within the audit practice of Ernst & Young where he spent the majority of his time auditing public multi-national companies. Mr. Ogilby holds a Bachelor of Science Degree in Accounting from the College of New Jersey. He is a CPA and is a Member of the AICPA. About Curtiss-Wright Corporation Curtiss-Wright Corporation (NYSE: CW) is a global integrated business that provides highly engineered products, solutions and services mainly to Aerospace & Defense markets, as well as critical technologies in demanding Commercial Nuclear Power, Process and Industrial markets. Market Wire News leverage a workforce of approximately 9,300 highly skilled employees who develop, design and build what Market Wire News believe are the best engineered solutions to the markets Market Wire News serve. Building on the heritage of Glenn Curtiss and the Wright brothers, Curtiss-Wright has a long tradition of providing innovative solutions through trusted customer relationships. For more information, visit www.curtisswright.com. FAQ**. How might K. Christopher Farkas' retirement impact the strategic direction of Curtiss-Wright Corporation CW now that he has led the finance function for six years? K. Christopher Farkas' retirement may lead to a shift in Curtiss-Wright Corporation's strategic direction as the company seeks new leadership in the finance function to drive growth and adapt to evolving market conditions, potentially influencing future investment decisions. What key qualities does the Board of Directors seek in the next CFO of Curtiss-Wright Corporation CW to ensure continued financial growth? The Board of Directors at Curtiss-Wright Corporation seeks a CFO with strong financial acumen, strategic vision, leadership skills, experience in driving operational efficiencies, and the ability to foster innovation to ensure continued financial growth. Considering Gary Ogilby's extensive experience, what immediate changes can Market Wire News expect during his tenure as interim CFO at Curtiss-Wright Corporation CW? During his tenure as interim CFO at Curtiss-Wright Corporation, Market Wire News can expect immediate changes in financial strategy, enhanced cost management, and a focus on operational efficiencies to drive growth and streamline processes. How has the company's strong financial performance under K. Christopher Farkas positioned Curtiss-Wright Corporation CW for future growth opportunities in the Aerospace & Defense markets? Curtiss-Wright Corporation's robust financial performance under K. Christopher Farkas has enhanced its capability to invest in innovation and strategic acquisitions, effectively positioning the company to capitalize on emerging growth opportunities in the Aerospace & Defense markets. **MWN-AI FAQ is based on asking OpenAI questions about Curtiss-Wright Corporation (NYSE: CW).

Curtiss-Wright launches complex seating control platform for rehabilitation powerchairs. Curtiss-Wright has announced the launch of the R-net ISM2 system, a next-generation platform for complex seating control on medical mobility rehabilitation powerchairs. Designed to deliver sophisticated seating capability on modern, narrow-wheelbase powerchairs, the ISM2 family provides control of up to 14 actuators through a range of slimline 2-, 4- and six-channel modules. Its compact size gives manufacturers the flexibility to integrate advanced seating functions while protecting valuable chassis and seat space. Tom Walsh, Director of Product Management at Curtiss-Wrigh Industrial, said: "The R-net ISM2 gives powerchair manufacturers a future-ready seating architecture designed for speed, safety and flexibility. "It combines high actuator capacity, intelligent seating control and practical development tools that reduce complexity, helping OEMs create sophisticated, comfortable and reliable seating systems with greater confidence and efficiency." ISM2 provides precise control of complex multi-actuator seating movements across up to 25 axes, supporting customized up/down behaviour for each axis. Fine position control helps deliver smooth, predictable and comfortable seating motion, while up to eight clinician-defined memory positions can be accessed by the user and, where enabled through system programming, fine-tuned to individual preference. Real-world position information, such as angular position or linear actuator extension, can be displayed independently for each axis on compatible LCD-based input devices. Curtiss-Wright's Seat Architect design and simulation tool enables designers to construct, model and validate complex seating movements on screen before downloading a complete seating file to the powerchair. By replacing manual coding with a construct-and-simulate development approach, Seat Architect helps accelerate seating development and reduce iterative tuning. Each ISM2 input accepts rotanal, linear, tilt, voltage and digital sensors, providing OEMs with broad flexibility in position sensing. Compact external ISM2-TS tilt sensors can be mounted in six orientations, while every ISM2 module incorporates onboard tilt sensing. ISM2 also includes programmable angular limits, axis inhibits, seat condition logic and virtual inhibits to help prevent inappropriate seating movements, chassis or ground clashes, and to apply drive-speed restrictions or drive inhibits according to seat position. Granular diagnostics identify the specific channel or input associated with an error, helping technicians locate faults quickly. Emergency Mode enables a technician or carer to operate channels individually and return the user safely to a transfer position. The ISM2-2L module additionally integrates LED lighting control and offers a programmable brake-light output or external horn. Independently TÜV-certified, the R-net ISM2 is supported with a Master Access File for FDA 510(k) submissions and full MDR CE-mark documentation, helping streamline OEM regulatory submissions for global markets. The R-net ISM2 is a next-generation seating control platform that helps powerchair manufacturers deliver sophisticated, comfortable, and clinically appropriate seating solutions. With ultra-slimline modules controlling up to 14 actuators across as many as 25 axes, plus Seat Architect development tools, flexible sensing, programmable safety functions, memory positions, and detailed diagnostics, ISM2 gives OEMs a scalable, future-ready foundation for complex seating on modern narrow-wheelbase powerchairs. The R-net ISM2 system will be showcased by Curtiss-Wright Industrial at REHACARE 2026 from September 23 to 26, Hall 6, Stand F58. Curtiss-Wright Corporation is a global integrated business that provides highly engineered products, solutions and services mainly to the aerospace and the defence markets, as well as critical technologies in commercial power, process and industrial markets. Last year, the firm launched the BLS50 brushless motor controller for mobility scooters, which has been designed to deliver a new benchmark in mobility with its 'outstanding' gradient performance. THIIS ROUND-UP Join the 3,750+ mobility professionals who stay informed with THIIS' twice-weekly industry updates.

The Distributed 2 hours ago 41 Curtiss-Wright Corporation said in a filing that its Board of Directors has elected Kevin M. Rayment, Executive Vice President and Chief Operating Officer, to succeed Lynn M. Bamford as Chief Executive Officer, effective January 1, 2027. Rayment will also assume the role of President and join Curtiss-Wright's Board of Directors when the transition takes effect. Bamford will transition to the role of Executive Chair after six years as CEO. Robert Rivet, Lead Independent Director, credited Bamford with transforming the company through its Pivot to Growth strategy, delivering record financial performance and strengthening its position in high-growth end markets. During her tenure, Curtiss-Wright returned $1.7 billion to shareholders through share repurchases and dividends and completed several strategic acquisitions. Bamford has been with Curtiss-Wright for 22 years, with leadership responsibilities spanning operations in more than 20 countries. She said the company now has an exceptional product portfolio, a growing customer base and a world-class team ready to begin its next chapter under Rayment's leadership. Rayment has 35 years of experience across the Aerospace & Defense, Commercial Nuclear and Industrial markets. He joined Curtiss-Wright in 2004 and has served as Chief Operating Officer since 2021, after previously serving as President of the company's former Commercial/Industrial Segment. He holds a BEng (Hons) Electrical & Electronics Engineering Degree from Portsmouth University and a Master of Business Administration Degree from Bournemouth University. Rayment said his focus will be on delivering for customers, driving business success and creating shareholder value, adding that the team remains committed to the engineering excellence and innovation that have defined Curtiss-Wright for nearly 100 years. The post Curtiss-Wright names COO Kevin Rayment as next CEO, Bamford to become Executive Chair appeared first on the Distributed. BitRss shares this Content always with License. Screenshot generated in real time with SneakPeek Suite * homepage * flash news * Curtiss-Wright names COO Kevin Rayment as next CEO, Bamford to become Executive Chair.