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MarketScreener Homepage  >  Equities  >  Nyse  >  Cubic Corporation    CUB

CUBIC CORPORATION

(CUB)
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CUBIC CORP /DE/ : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K)

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09/18/2020 | 05:02pm EDT

Item 5.02. Departure of Directors or Certain Officers; Election of Directors;

           Appointment of Certain Officers; Compensatory Arrangements of Certain
           Officers



On September 14, 2020, Cubic Corporation (the "Company") entered into a separation agreement and mutual release (the "Separation Agreement") with Michael R. Twyman, Senior Vice President of the Company and President of the Company's Cubic Mission Solutions business segment, in connection with Mr. Twyman's departure from the Company. Pursuant to the terms of the Separation Agreement, Mr. Twyman will receive certain separation payments and benefits from the Company in exchange for a customary release of any and all claims he may have against the Company and its representatives arising from or relating to his employment by the Company. Mr. Twyman will also be subject to certain restrictive covenants and confidentiality obligations following his departure from the Company.

The foregoing description of the Separation Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Separation Agreement, a copy of which is filed as Exhibit 10.1 hereto and incorporated by reference in this Current Report on Form 8-K.

Item 9.01. Financial Statements and Exhibits.





 (d) Exhibits.




   10.1     Separation Agreement and Mutual Release, dated as of September 14,
          2020, by and between Cubic Corporation and Michael R. Twyman.



104 Cover Page Interactive Data File (the cover page XBRL tags are embedded in

     the Inline XBRL document).




                                       1

© Edgar Online, source Glimpses


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Financials (USD)
Sales 2020 1 480 M - -
Net income 2020 -16,1 M - -
Net Debt 2020 647 M - -
P/E ratio 2020 -127x
Yield 2020 0,37%
Capitalization 1 905 M 1 905 M -
EV / Sales 2020 1,72x
EV / Sales 2021 1,62x
Nbr of Employees 6 200
Free-Float 99,3%
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Technical analysis trends CUBIC CORPORATION
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Income Statement Evolution
Consensus
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Mean consensus BUY
Number of Analysts 8
Average target price 60,29 $
Last Close Price 60,80 $
Spread / Highest target 6,91%
Spread / Average Target -0,85%
Spread / Lowest Target -14,5%
EPS Revisions
Managers
NameTitle
Bradley H. Feldmann Chairman, President & Chief Executive Officer
Brian LaRoche COO & VP- Cubic mission Solutions
Anshooman Aga Chief Financial Officer & Executive Vice President
Jim Colson Chief Technology Officer & Vice President
Bruce G. Blakley Independent Director
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