On May 6, Davidson, NC-based Curtiss-Wright Corporation announced that Chief Executive Officer Lynn Bamford has assumed the role of chair of the board of directors, effective May 5, 2022.
As part of the formal transition plan announced in 2020, David Adams has retired from the company as executive chairman and will continue as a member of the board of directors. The company will continue to have an independent lead director preside over executive sessions of the board.
“On behalf of our leadership team and our nearly 8,000 employees, I want to thank Dave for his steadfast dedication, service and leadership over his 22-year career with Curtiss-Wright,” said Bamford. “During his tenure, he was instrumental in advancing the One Curtiss-Wright vision, driving the business to achieve top-quartile financial metrics and producing tremendous value for our shareholders, customers and employees.”
Bamford continued, “As Curtiss-Wright’s new chair, I look forward to delivering on the next phase of our journey through our Pivot to Growth strategy. The board and I are highly confident about our Company’s potential to maximize revenue, operating income and free cash flow growth, and to deliver consistent, long-term shareholder value.”
Source: Curtiss-Wright
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