Curtiss‑Wright Corp Appoints Kevin Rayment as CEO, Bamford to Executive Chair

What Happened

• Curtiss‑Wright Corporation (CW) filed an 8‑K (Sept 22, 2026) reporting that its Board appointed Kevin M. Rayment to serve as President and Chief Executive Officer and as a director, effective January 1, 2027. Rayment, age 57, has been with the company since 2004, served as Executive Vice President since January 2026 and Chief Operating Officer since April 2021.
• Lynn M. Bamford, who has been CEO since January 2021 and Chair since May 2022, will retire from the CEO role on the PEO start date and transition to Executive Chair. The filing attaches a press release announcing the leadership change.

Key Details

• Effective Jan 1, 2027: Kevin M. Rayment named President & CEO; Lynn Bamford becomes Executive Chair.
• Rayment compensation approved: $1,100,000 annual base salary and an annual target bonus of 125% of base pay.
• 2027 long‑term incentive award for Rayment: target value $5,225,000 split 30% time‑based RSUs, 30% performance units, 40% performance share units.
• No related‑party transactions or family relationships reported; no special agreements disclosed for the appointment.

Why It Matters

• Leadership change is material for investors because it names the next CEO and details his compensation and incentive structure, which indicate how the board plans to align executive pay with performance.
• The move preserves continuity: Rayment is an internal executive with long tenure and operational leadership during a period of strong financial performance, while Bamford remains as Executive Chair to provide continuity at the board level.