Business Context and Reporting Period
This Form 8-K Current Report was filed by Curtiss-Wright Corporation on September 29, 2014, covering events occurring on September 25, 2014. The filing primarily addresses corporate governance changes regarding the appointment of a senior financial officer.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current event disclosure and does not contain financial statement data.
Material Changes
The material change disclosed is the appointment of K. Christopher Farkas as Vice President & Corporate Controller, effective September 25, 2014. Mr. Farkas will report directly to Glenn E. Tynan, the Company's Vice President and Chief Financial Officer.
- Background: Mr. Farkas served as Assistant Corporate Controller for the Company since May 2009.
- Experience: He possesses over 20 years of experience in aerospace, defense, and industrial sectors, with prior leadership roles at United Technologies Corporation and Parker Hannifin Corporation.
- Qualifications: He holds a Bachelor's degree from Central Connecticut State University, an MBA from Purdue University, and an Executive MBA from ESCP Europe Business School. He is a Certified Public Accountant in New Jersey.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, or management commentary regarding future performance. No risks or contingencies are disclosed in this specific report. The Company confirmed there are no family relationships between Mr. Farkas and other executives, no undisclosed arrangements regarding his appointment, and no material interest transactions subject to disclosure under Item 404(a) of Regulation S-K.
Investor Verification Checklist
- Verify the press release attached as Exhibit 99.1 for additional details on the appointment.
- Confirm the reporting line structure within the finance department (VP & Corporate Controller reporting to VP & CFO).
- Review subsequent filings for any changes in financial reporting practices resulting from this leadership transition.