Business Context and Reporting Period
This Form 8-K Current Report was filed by Curtiss-Wright Corporation (NYSE: CW) on February 6, 2012. The report addresses corporate governance changes, specifically the election of a new director to the Board of Directors.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
The material change reported is the appointment of Dean M. Flatt to the Board of Directors. Key details include:
- Effective Date: February 6, 2012.
- Role: Elected to serve until a successor is elected and qualified; will stand for reelection at the 2012 Annual Meeting.
- Committee Assignments: Audit Committee and Committee on Directors and Governance.
- Background: Mr. Flatt, 61, previously served as President and Chief Operating Officer of Honeywell International's Defense and Space Business. He holds an MBA from Stanford University and a B.S. from the U.S. Naval Academy.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, management commentary on financial performance, or discussion of risks and contingencies. It notes that there are no transactions exceeding $120,000 in which the new director has a material interest.
Investor Verification Checklist
- Verify the official announcement of Dean M. Flatt's board election and committee assignments.
- Review the company's 2012 Annual Meeting proxy statement for details on the upcoming reelection vote.
- Confirm Mr. Flatt's prior roles at Honeywell International and current affiliations with JF Lehman & Company, Ducommun, Inc., and Industrial Container Services, LLC.