ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.
On Wednesday, May 6, 2020, the Company issued a press release announcing
financial results for the first quarter ended March 31, 2020. A conference call
and webcast presentation will be held on Thursday, May 7, 2020 at 10:00 am ET
for management to discuss the Company's first quarter performance as well as
expectations for 2020 financial performance. David C. Adams, Chairman and CEO,
and Glenn E. Tynan, Vice President and CFO, will host the call. A copy of the
press release and the webcast slide presentation are attached hereto as Exhibits
99.1 and 99.2.
The financial press release, access to the webcast, and the accompanying
financial presentation will be posted on Curtiss-Wright's website at
www.curtisswright.com. In addition, the Listen-Only dial-in number for domestic
callers is (844) 220-4970, while international callers can dial (262) 558-6349.
For those unable to participate live, a webcast replay will be available for 90
days on the Company's website beginning one hour after the call takes place. A
conference call replay will also be available for seven days.
Conference Call Replay:
Domestic (855) 859-2056
International (404) 537-3406
Passcode 8565147
The information contained in this Current Report, including Exhibits 99.1 and
99.2, are being furnished and shall not be deemed to be "filed" for the purposes
of Section 18 of the Securities and Exchange Act of 1934 or otherwise subject to
the liabilities of that Section. The information in this report shall not be
incorporated by reference into any filing of the registrant with the SEC,
whether made before or after the date hereof, regardless of any general
incorporation language in such filings.
ITEM 5.02. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF CERTAIN OFFICERS.
On May 7, 2020, the Company issued a press release announcing that Glenn E.
Tynan, Vice President and Chief Financial Officer, will be retiring and stepping
down from his position as CFO effective today. Mr. Tynan will remain with the
Company as Vice President of Finance until the end of September to facilitate a
seamless transition.
Mr. Tynan will be succeeded by K. Christopher Farkas, age 52, as the Company's
Vice President and Chief Financial Officer. Mr. Farkas was named Vice President
of Finance of Curtiss-Wright Corporation in December 2017. Previously, he held
the positions of Vice President and Corporate Controller since September 2014,
and he also served as Assistant Corporate Controller since May 2009. During his
tenure at the Company, he has been responsible for advising senior management
and the Board of Directors on accounting, disclosure and SEC reporting matters,
while overseeing the Corporation's internal and external financial reporting,
accounting, government compliance, tax, treasury, and financial planning and
analysis processes. Prior to joining the Company, he spent more than 17 years in
financial, technical and operational roles of increasing responsibility within
Fortune 50/250 industrial companies including United Technologies Corporation
and Parker Hannifin.
Mr. Farkas holds a Bachelor of Science Degree in Accounting from Central
Connecticut State University, a MBA Degree from Purdue University, Krannert
School of Management, and an Executive MBA Degree from the ESCP Europe (European
School of Management). He is a CPA and is a Member of the AICPA.
There are no arrangements or understandings between Mr. Farkas and any other
persons, pursuant to which he was appointed to the office described above and no
family relationships among any of the Company's directors or executive officers
and Mr. Farkas. Mr. Farkas does not have any direct or indirect interest in any
transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
There have been no changes to any of Mr. Farkas' previously announced material
plans, contracts or arrangements as a result of this appointment.
There are no agreements, arrangements or understandings between Mr. Tynan and
the Company with regards to his transition and retirement.
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ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Not applicable.
(b) Not applicable.
(c) Exhibits.
99.1 Press Release dated May 6, 2020
99.2 Presentation shown during investor and securities analyst webcast on May 7,
2020
99.3 Press Release dated May 7, 2020
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