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Esterline Technologies Corp (ESL.N)

ESL.N on New York Stock Exchange

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15 Jun 2018
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Summary

Name Age Since Current Position

Curtis Reusser

57 2014 Chairman of the Board, President, Chief Executive Officer

Stephen Nolan

48 2018 Chief Financial Officer, Executive Vice President

Paul Benson

53 2016 Chief Human Resource Officer, Executive Vice President

Donald Walther

2018 Executive Vice President, General Counsel

Roger Ross

49 2016 Executive Vice President, President - Sensors and Systems Segment

Albert Yost

52 2016 Executive Vice President, President, Advanced Materials and Avionics & Controls

Paul Haack

67 2011 Lead Independent Director

Michael Covey

60 2017 Director

Michael Cave

57 2015 Independent Director

Delores Etter

70 2010 Independent Director

Anthony Franceschini

66 2002 Independent Director

Mary Howell

65 2011 Independent Director

Scott Kuechle

58 2012 Independent Director

Nils Larsen

47 2016 Independent Director

Biographies

Name Description

Curtis Reusser

Mr. Curtis C. Reusser serves as Chairman of the Board, President, Chief Executive Officer of Esterline Technologies Corporation., since March 2014. Mr. Reusser has been Chairman, President and Chief Executive Officer of the Company since March 2014 and served as President and Chief Executive Officer of the Company from October 2013 to March 2014. Previously, he was President, Aircraft Systems of UTC Aerospace Systems for United Technologies Corporation (“UTC”) (a provider of a broad range of high-technology products and services to the global aerospace and building systems industries) from July 2012 to October 2013. He has been a director of the Company since 2013, and his current term expires in 2019. Mr. Reusser brings to the Board over 30 years of experience in the aerospace and defense industry, which significantly strengthens the Board’s oversight of the development and execution of the Company’s strategic plans and initiatives. With his engineering background and substantive leadership experience at Goodrich Corporation and UTC, Mr. Reusser adds a “hands-on” dynamic to the Board. Mr. Reusser has direct experience in growing and leading businesses that are complementary to Esterline’s, including sensors and systems, power systems and avionics and communication systems. Mr. Reusser’s extensive and relevant industry experiences and experience in merger and acquisition transactions add significantly to the Board’s oversight of the Company’s global operations, operational excellence initiatives, strategic transactions and strategy deployment.

Stephen Nolan

Mr. Stephen M. Nolan is appointed as Chief Financial Officer, Executive Vice President of the company effective February 5, 2018. He has served since February 2015 as Senior Vice President and Chief Financial Officer of Vista Outdoor Inc., a leading global manufacturer of consumer products in the outdoor sports and recreation markets that was spun out of Alliant Techsystems Inc., or ATK, in connection with the merger of ATK and Orbital Sciences in 2015. Prior to this position, he served as Senior Vice President of Strategy and Business Development of Orbital ATK (a designer and supplier of space, defense and aviation-related systems) from July 2013 to February 2015. From February 2013 through July 2013, he served as Orbital ATK’s Interim Senior Vice President of Business Development. From 2010 to 2013, he was Orbital ATK’s Vice President, Strategy and Business Development, Aerospace Systems. Prior to that, he held a number of leadership positions across Orbital ATK. Before joining Orbital ATK in 2006, he was a Director of Corporate Strategy and Development at Raytheon Company. Mr. Nolan holds a B.S. in engineering from Trinity College at the University of Dublin, an M.S. in Civil Engineering from the from the University of Massachusetts Amherst and an M.B.A. from the Massachusetts Institute of Technology.

Paul Benson

Mr. Paul Patrick Benson serves as Chief Human Resource Officer, Executive Vice President of the Company., since June 2016. Prior to that time, he was Vice President, Human Resources from December 2014 to March 2015 and Senior Director, Human Resources from November 2014 to December 2014. Prior to that time, he was Senior Human Resources Director at Hewlett Packard Company, a technology products and services company, from 2006 to November 2014. Mr. Benson has an M.B.A. from Arizona State University and a B.A. degree in Business from St. Martin’s College.

Donald Walther

Mr. Donald E. Walther is appointed as Executive Vice President, General Counsel of the company effective May 15, 2018. Most recently, Walther served for seven years as Executive Vice President & General Counsel at The Heico Companies LLC, a parent holding company for a diverse portfolio of manufacturing, construction and industrial services businesses. While there, he provided strategic counsel to the Board of Directors and senior management team while leading the global legal and compliance functions. Previously, Walther served as Deputy General Counsel for ITT Corporation and Counsel for The Boeing Company. He was also a partner with Perkins Coie LLP. Throughout his career, he has held a number of governance roles with community organizations. Walther graduated from Duke University and went on to earn a JD and MBA from the University of Chicago. He is the recipient of several industry and leadership awards and is a Six Sigma Green Belt with extensive experience in Strategic Goal Deployment.

Roger Ross

Mr. Roger Alan Ross is Executive Vice President, President - Sensors and Systems Segment of Esterline Technologies Corporation since august 2015. Prior to that time, he was Senior Vice President, Actuation & Propeller Systems, at UTC Aerospace Systems for United Technologies Corporation, a provider of a broad range of high-technology products and services to the global aerospace and building systems industries, from January 2014 to July 2015. From January 2010 to December 2013, he was Vice President, Aerostructures Aftermarket at UTC Aerospace Systems for United Technologies Corporation. Mr. Ross has an M.B.A. from the University of Colorado, an M.S. degree in Mechanical Engineering from Colorado State University and a B.S. degree in Mechanical Engineering from Colorado State University.

Albert Yost

Mr. Albert S. Yost is Executive Vice President, President, Advanced Materials and Avionics & Controls of Esterline Technologies Corporation., since August 2015. From July 2011 to February 2014, he was Group Vice President and Treasurer, and from November 2009 to June 2011 he was Group Vice President. Previously, he was President of Advanced Input Systems, a subsidiary of the Company from January 2007, and held management responsibilities for Esterline’s Interface Technologies business platform from May 2007. Mr. Yost has an M.B.A. from Utah State University and a B.A. degree in Economics from Brigham Young University.

Paul Haack

Mr. Paul V. Haack is Lead Independent Director of Esterline Technologies Corp., since 2011. Prior to 2006, Mr. Haack was a Senior Partner with Deloitte & Touche LLP (an international public accounting firm). He is currently a trustee of the University of Montana Foundation. He has been a director of the Company since 2006, and his current term expires in 2019. During his tenure at Deloitte, Mr. Haack was a leader of its Aerospace and Defense Practice, which provided him with knowledge and experience relevant to the Company’s industry. Mr. Haack also gained extensive experience in complex mergers and acquisitions and capital structure issues from his career at Deloitte, and from his tenure as director and Audit Committee Chair at SonoSite, including during Sonosite’s successful sale to FujiFilm for which he served on the Transaction Committee. As a practicing CPA for 33 years, he has extensive expertise in finance, accounting and regulatory matters related to financial reporting, and has experience with the complexities of doing business overseas. The broad skillset he brings to the Board enhances the Board’s oversight of financial reporting, enterprise risks, as well as the Company’s strategy in the markets in which the Company operates and positions him well to serve as the Company’s lead independent director.

Michael Covey

Mr. Michael J. Covey is Director of the Company. Mr. Covey has been Chairman and Chief Executive Office of Potlatch Corporation (a leading manufacturer of forest products) since 2013. Prior to that time, he was the Chairman, President and Chief Executive Officer of Potlatch Corporation, having held such positions from 2007 through 2013. He has been a director of the Company since May 2017, and his current term expires in 2020.

Michael Cave

Mr. Michael J. Cave is an Independent Director of Esterline Technologies Corporation. Mr. Cave served as a Senior Vice President of The Boeing Company (a leading aerospace company and manufacturer of commercial jetliners and military aircraft), from January 2010 to May 2014. During this same time period, he also served as President of Boeing Capital Corporation (a wholly owned Boeing subsidiary that is primarily responsible for arranging, structuring and providing financing for Boeing’s commercial airplane and space and defense products). He is the non-executive chairman of the board of Harley Davidson and also serves as a director of AirCastle Ltd. and Ball Corporation. He has been a director of the Company since November 2015, and his current term expires in 2020. Mr. Cave’s skills, expertise and experience in financial services, strategic planning, operations management and business development he gained through senior leadership roles at The Boeing Company make him a valuable member of the Board. His insights into the various products under development and entering production at aerospace original equipment manufacturers and the many high-level customer relationships that he developed in his time at Boeing are particularly helpful in guiding the Company on strategic matters. In addition, Mr. Cave provides the benefits of service on the boards of other publicly traded companies and has significant experience with mergers and acquisitions, including integration of newly acquired businesses, which enhances the Board’s strategic transaction oversight resources.

Delores Etter

Dr. Delores M. Etter, Ph.D., is an Independent Director of Esterline Technologies Corporation. Dr. Etter was a member of the Department of Electrical Engineering at Southern Methodist University from June 2008 to December 2016. She held the Texas Instruments Distinguished Chair in Engineering Education and was a Distinguished Fellow in the Darwin Deason Institute for Cyber Security. Dr. Etter is a member of the National Academy of Engineering, a former member of the National Science Board, and a Fellow of the Institute of Electrical and Electronic Engineers. She is also a director of Stantec Inc. She has been a director of the Company since 2010. Dr. Etter has had multiple, substantive experiences within the U.S. Department of Defense, including serving as the Assistant Secretary of the Navy for Research, Development, and Acquisition, and as the Deputy Under Secretary of Defense for Science and Technology, as well as serving on the faculty at public and private academic institutions. These experiences, coupled with her deep technical knowledge in the areas of sensors and software and her familiarity with the Joint Strike Fighter and other military aircraft, enable Dr. Etter to provide insight and guidance to management and the Board.

Anthony Franceschini

Mr. Anthony P. Franceschini is an Independent Director of Esterline Technologies Corporation. Prior to May 2009, Mr. Franceschini was the President and Chief Executive Officer of Stantec Inc. (an engineering, architecture and related professional services design firm), having held such positions since June 1998. He has served and continues to serve as a director of Stantec Inc. since March 1994. He is chairman of the board for ZCL Composites Inc. and is a director of Aecon Group Inc. and is on the advisory boards of two other private companies. He has been a director of the Company since 2002, and his current term expires in 2020. Mr. Franceschini has substantive experience in the area of mergers and acquisitions, having guided Stantec Inc. through a period of significant growth facilitated through many successful acquisitions, which enhances the Board’s oversight of strategic transactions and other growth plans. His understanding of the acquisition process and post-acquisition integration is beneficial to the Board and management as acquisitions and effective integration of acquisitions remain key focus areas for the Company. Additionally, as a Canadian citizen, Mr. Franceschini’s familiarity with Canadian business and banking practices adds meaningful oversight of Esterline’s investments in Canada.

Mary Howell

Ms. Mary L. Howell is an Independent Director of Esterline Technologies Corp since 2011. Prior to January 2010, Ms. Howell was the Executive Vice President of Textron, Inc. (a multi-industry company serving aircraft, automotive, defense, industrial, and finance businesses), having held such position since August 1995. Ms. Howell is also a board member of the Atlantic Council of the United States, and Vectrus, Inc. Her current term expires in 2018. Ms. Howell has extensive experience in the commercial and military markets that strengthen the Board’s oversight of the Company’s strategic plans. Her deep expertise in global operations, marketing, sales, business development and merger and acquisition transactions as well as her service on the boards of the National Association of Manufacturers and the Aerospace Industries Association enhance the Board’s oversight of strategic matters and enterprise risk. Further, her former experience as a board member of FM Global has given her insight to sophisticated risk management practices that contributes to the Board’s oversight of the Company’s complex global operations.

Scott Kuechle

Mr. Scott E. Kuechle is an Independent Director of Esterline Technologies Corporation., since 2012. Prior to July 2012, Mr. Kuechle was the Executive Vice President and Chief Financial Officer of Goodrich Corporation (an aerospace and defense company) since August 2005. He is also a director of Kaman Corporation and Wesco Aircraft Holdings, Inc. He has been a director of the Company since 2012, and his current term expires in 2019. Mr. Kuechle’s extensive experience within the aerospace and defense industry during his 29-year tenure at Goodrich and ongoing board experience at two other aerospace public companies provide relevant and valuable insights to the Board’s oversight of the Company’s strategic plans and initiatives. This industry experience, coupled with his deep expertise in corporate finance, mergers and acquisitions, and financial controls and analysis, provide the Board with a powerful skillset to draw upon as the Company continues to execute its strategic plan with a focus on organic growth, good-fit mergers and acquisitions, and operational excellence. In addition, Mr. Kuechle’s experience in complex corporate finance matters, including capital allocation, strengthen the Audit Committee’s oversight of audit, financial reporting and financial risk matters.

Nils Larsen

Mr. Nils E. Larsen is an Independent Director of the Company. Mr. Larsen is the President and founder of SZR Consulting, LLC (a business consulting firm) and is an Operating Advisor with The Carlyle Group. Mr. Larsen has held these positions since September 2013. In addition, Mr. Larsen is an Advisor to Equity Group Investments, LLC, a private investment firm. Mr. Larsen has been an Advisor to Equity Group Investments, LLC since January 2017 and, prior to that, held a variety of roles with Equity Group Investments, LLC including Managing Director from 2001 to 2016. Prior to his roles at SZR Consulting, LLC and The Carlyle Group, Mr. Larsen held several senior management roles at Tribune Company. These roles included serving as President and Chief Executive Officer of Tribune Broadcasting Company from May 2011 to March 2013, Co-President of Tribune Company from October 2010 to May 2011, and Executive Vice President from December 2008 to March 2013. Mr. Larsen is Chairman of Liberty Tire Recycling, LLC, a director of Vantage Drilling International and three other private companies. Mr. Larsen has been a director of the Company since 2016, and his current term expires in 2020.

Basic Compensation

Name Fiscal Year Total

Curtis Reusser

4,243,850

Stephen Nolan

--

Paul Benson

1,004,390

Donald Walther

--

Roger Ross

1,156,800

Albert Yost

1,368,700

Paul Haack

210,000

Michael Covey

137,500

Michael Cave

180,000

Delores Etter

202,500

Anthony Franceschini

187,500

Mary Howell

203,750

Scott Kuechle

205,000

Nils Larsen

159,375
As Of  29 Sep 2017