What changed
Curtiss-Wright's board elected Kevin M. Rayment, currently Executive Vice President and Chief Operating Officer, to succeed Lynn M. Bamford as Chief Executive Officer effective January 1, 2027; Rayment will also become President and join the board. Bamford, who has been with the company 22 years and CEO for six years, will transition to Executive Chair. Under Bamford, the company returned $1.7 billion to shareholders through share repurchases and dividends and completed several strategic acquisitions.
Why it matters
Curtiss-Wright's board elected Kevin M. Rayment, currently Executive Vice President and Chief Operating Officer, to succeed Lynn M. Bamford as Chief Executive Officer effective January 1, 2027; Raymen