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Form 8-K · Current Report · Filed 2024-03-15

Woodward, Inc. Announces Departure of Key Executive

On March 12, 2024, Woodward, Inc. announced the departure of A. Christopher Fawzy, EVP, General Counsel, Chief Compliance Officer, and Secretary, effective March 14, 2024. The separation is expected to be a Qualifying Termination under his Executive Severance and Change in Control Agreement. No financial statements or exhibits are included in this filing.

Filer
Woodward Inc. WWD · NASDAQ
Filed
Accession
0000950170-24-032026
CIK
0000108312
Signal
High impactIndustrials

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Key Executive Departure
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$145.16

Next session

+1.6%

Since filing

+148.5%

Latest close

$360.75

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from WWD reporting the same item, with the next session's move:

About Woodward Inc.

Woodward Inc. is a prominent designer and manufacturer specializing in control systems and components. This company focuses on providing solutions primarily for the aerospace and energy industries. Woodward’s products play an essential role in regulating engines, turbines, and other energy-related systems, enhancing efficiency and reliability in performance-critical environments. A significant aspect of Woodward's operations is its commitment to enabling sustainable energy solutions, contributing to reduced emissions and improved fuel efficiency. In the aerospace sector, Woodward's innovations support commercial, business, and military aircraft, underlining its importance in critical national and global transport infrastructure. The company's role in the financial market is underscored by its contribution to major technological advancements and its alignment with industry trends favoring sustainability and efficiency. Established with a strong historical foundation, Woodward continues to impact critical sectors by advancing energy control technologies.

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