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Woodward Inc (WWD.OQ)

WWD.OQ on NASDAQ Stock Exchange Global Select Market

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21 Feb 2018
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Summary

Name Age Since Current Position

Thomas Gendron

56 2011 Chairman of the Board, President and Chief Executive Officer

Robert Weber

63 2011 Vice Chairman of the Board, Chief Financial Officer, Treasurer

Sagar Patel

51 2011 President - Aircraft Turbine Systems

Chad Preiss

52 2016 President - Industrial Systems

Matthew Taylor

55 2018 President - Airframe Systems

A. Christopher Fawzy

48 2009 Corporate Vice President, Chief Compliance Officer, General Counsel, Corporate Secretary

Steven Meyer

57 2009 Corporate Vice President - Human Resources

Matt Cook

46 2014 Corporate Vice President - Information Technology

James Rudolph

56 2016 Corporate Vice President

John Tysver

55 2016 Corporate Vice President - Technology

John Cohn

63 2017 Lead Independent Director

Eileen Drake

51 2017 Director

Daniel Korte

57 2017 Director

Paul Donovan

70 2000 Independent Director

John Halbrook

72 2008 Independent Director

Mary Petrovich

54 2002 Independent Director

James Rulseh

62 2017 Independent Director

Ronald Sega

65 2008 Independent Director

Gregg Sengstack

59 2011 Independent Director

Jonathan Thayer

46 2016 Independent Director

Biographies

Name Description

Thomas Gendron

Mr. Thomas A. Gendron is Chairman of the Board, President, Chief Executive Officer of the Company. Mr. Gendron previously served as Chief Operating Officer and President of the Company from September 2002 until July 2005, and as Vice President and General Manager of Industrial Controls from June 2001 until September 2002. Prior to that, Mr. Gendron served as Vice President of Industrial Controls from April 2000 through May 2001, and as Director of Global Marketing and Industrial Controls’ Business Development from February 1999 through March 2000. Overall, Mr. Gendron has served with Woodward for over 25 years in both the aircraft and industrial businesses, providing leadership in sales, marketing, business development, and product support management. His experience with and knowledge of the Company’s businesses and the industries in which they operate has enabled Mr. Gendron to lead the Company’s growth since his appointment to President and Chief Operating Officer in September 2002. He has brought significant insight to the Board due to his comprehensive understanding of the Company and its operations at multiple levels, including the Company’s strategic vision, products, suppliers, customers and markets.

Robert Weber

Mr. Robert F. Weber, Jr., serves as Vice Chairman of the Board, Chief Financial Officer, Treasurer of Woodward, Inc. rior to August 2005, Mr. Weber was employed at Motorola, Inc. for 17 years, where he held various positions, including Corporate Vice President and General Manager - EMEA Auto. Prior to this role, Mr. Weber served in a variety of financial positions at both a corporate and operating unit level with Motorola.

Sagar Patel

Mr. Sagar A. Patel serves as President - Aircraft Turbine Systems of Woodward, Inc. Prior to this role, Mr. Patel was employed at General Electric for 18 years, most recently serving as President, Mechanical Systems, GE Aviation, from March 2009 through June 2010. He served as President, Aerostructures, GE Aviation from July 2008 through July 2009 and as President and General Manager, MRS Systems, Inc., GE Aircraft Engines, from October 2005 through June 2008.

Chad Preiss

Mr. Chad Robert Preiss serves as President - Industrial Systems of Woodward, Inc. He is President, Engine Systems October 2009 through November 2016; Group Vice President, Engine Systems October 2008 through September 2009; Vice President, Sales, Service, and Marketing, Engine Systems December 2007 through September 2008; and Vice President, Industrial Controls September 2004 through December 2007. Prior to this role, Mr. Preiss served in a variety of engineering and marketing/sales management roles, including Director of Business Development, since joining Woodward in 1988.

Matthew Taylor

Mr. Matthew F. Taylor has been appointed President - Airframe Systems of the Company., Effective February 2, 2018. He joined Woodward in 2005, and has been serving as Corporate Vice President, Global Supply Chain, since 2011. Matt has extensive experience in P&L management, business development, operations, sales, finance and strategic planning. In addition to his supply chain leadership role, Matt supported the three major acquisitions that established Woodward's Airframe Systems business group, and served as the Vice President & General Manager, as well as the integration lead, of the company's Thrust Reverser Actuation Systems business in Duarte, CA during the first eighteen months of operation following its acquisition. Other prior roles at Woodward include Director of Operations then General Manager of the Industrial Fluid Systems & Controls business. Prior to joining Woodward, Mr. Taylor served in various senior leadership positions at Delphi, Eaton Aerospace and Warner Electric. He holds a Bachelor of Science in Engineering from Michigan State University, and a Master's in Management from Purdue University.

A. Christopher Fawzy

Mr. A. Christopher Fawzy serves as Corporate Vice President, Chief Compliance Officer, General Counsel, Corporate Secretary of Woodward, Inc. Mr. Fawzy became the Company’s Chief Compliance Officer in August 2009. Prior to joining Woodward, Mr. Fawzy was employed by Mentor Corporation, a global medical device company. He joined Mentor in 2001 and served as Corporate Counsel, then was promoted to General Counsel in 2003, and was appointed Vice President, General Counsel and Secretary in 2004.

Steven Meyer

Mr. Steven J. Meyer is Corporate Vice President - Human Resources of Woodward, Inc. Mr. Meyer served as Vice President, Human Resources November 2006 through September 2009; Director, Global Human Resources November 2002 through October 2006; Director, Human Resources for Industrial Controls July 1997 through October 2002. Prior to joining Woodward, Mr. Meyer was employed by PG&E Corporation and Nortel in a variety of roles in human resources.

Matt Cook

Mr. Matt R. Cook is Corporate Vice President - Information Technology of the Company. He was Director, Global Business Systems July 2012 through January 2014. Prior to joining Woodward, Mr. Cook was employed by Satcon Corporation as Vice President, Global Information Technology. Prior to Satcon, Mr. Cook served in a variety of senior roles in information technology and business development.

James Rudolph

Mr. James D. Rudolph is Corporate Vice President of the Company. Mr. Rudolph was President, Industrial Turbomachinery Systems April 2011 through November 2016; Corporate Vice President, Global Sourcing October 2009 through April 2011; Vice President, Global Sourcing April 2009 through October 2009; Director of Global Sourcing April 2005 through April 2009; Director of Engineering for Industrial Controls March 2000 through April 2005. Prior to March 2000, Mr. Rudolph served in a variety of engineering, operations and sales roles since joining Woodward in 1984.

John Tysver

Mr. John D. Tysver is Corporate Vice President - Technology of the company. He was Aircraft Turbine Systems’ Programs, Systems and Research & Development July 2015 through October 2016; Vice President and General Manager of Aircraft Turbine Systems’ Fuel Systems Center of Excellence April 2011 through July 2015; Vice President of Turbine Systems’ Systems & Engineering October 2009 through April 2011; Director of Turbine Systems’ Systems & Engineering November 2006 through October 2009. Prior to November 2006, Mr. Tysver served in a variety of engineering leadership roles since joining Woodward in March 1991. Prior to joining Woodward, Mr. Tysver served in engineering roles at Sundstrand (now UTC Aerospace Systems).

John Cohn

Mr. John D. Cohn is Lead Independent Director of Woodward, Inc. Mr. John D. Cohn has served as Senior Vice President, Asia Business Planning and Execution, of Rockwell Automation, Inc. (“Rockwell Automation”), a global provider of innovative industrial automation and information products, services and solutions, since September 2011. In this capacity, Mr. Cohn develops and implements regional and country level business strategies for approximately $1 billion of Rockwell Automation sales. Additionally, Mr. Cohn leads business development activities, industry business plans, and other market expansion opportunities to drive growth for Rockwell Automation on a global basis. Prior to accepting this position, Mr. Cohn served as Rockwell Automation’s Senior Vice President, European Business Planning and Execution, from March 2009 to August 2011, and as Senior Vice President, Strategic Development and Communications, from 1999 to 2009. Mr. Cohn brings to the Board expertise in global market and business development, execution of focused initiatives, and experience with leading organizations through change management, mergers and acquisitions.

Eileen Drake

Ms. Eileen P. Drake serves as Director of the Company. Ms. Eileen P. Drake has served as Chief Executive Officer and President of Aerojet Rocketdyne Holdings, Inc. (“Rocketdyne”), a manufacturer of aerospace and defense products, since June 2015. She joined Rocketdyne in March 2015 as Chief Operating Officer. Ms. Drake was previously with United Technologies Corporation (“UTC”) from November 2003 through February 2015, where she served as President of Pratt & Whitney AeroPower’s auxiliary power unit and small turbojet propulsion business from January 2012 through January 2015. She also held other various senior level roles during her tenure at UTC. Prior to joining UTC, Ms. Drake held various senior level roles with Ford Motor Company between 1996 and 2003. Ms. Drake served on active duty for seven years as a U.S. Army aviator and airfield commander of Davison Army Airfield in Fort Belvoir, Virginia. Ms. Drake is an accomplished, dynamic leader with extensive experience in profit and loss management, operations, quality and supply chain. She brings to the Board extensive experience in the Aerospace industry and a results-oriented mentality.

Daniel Korte

Mr. Daniel G. Korte is Director of the Company. Mr. Daniel G. Korte served as Chief Executive Officer of LMI Aerospace, Inc. (“LMI”), now part of the Sonaca Group, from February 2014 through October 2017. Prior to joining LMI, Mr. Korte was the President of the Rolls-Royce Defense Group in Washington, DC and London, UK from 2009 through 2012. From 1985 through 2009, Mr. Korte held various senior level roles at The Boeing Company in supply chain, program management and general management. Mr. Korte is a results-oriented leader, skilled in identifying and capitalizing on global market opportunities that drive revenue and profitable growth. His experience and strong contributions in the commercial and defense aerospace markets brings a valuable set of skills to the Board.

Paul Donovan

Mr. Paul Donovan is an Independent Director of Woodward, Inc. Mr. Paul Donovan retired in 2004 as special advisor to the Chairman of Wisconsin Energy Corporation. Mr. Donovan had previously served as the Executive Vice President and Chief Financial Officer of Wisconsin Energy Corporation from 1999 until 2003. Prior to joining Wisconsin Energy Corporation, Mr. Donovan was Executive Vice President and Chief Financial Officer of Sundstrand Corporation, a manufacturer of aerospace and industrial products, from June 1988 to August 1999. Prior to June 1988, he held a variety of financial positions, including at Allied Signal and Ford Motor Company. Mr. Donovan’s demonstrated leadership of large company corporate finance and tax departments provides the Board with expertise regarding the intricacies of tax, banking, finance, and mergers and acquisitions. He also possesses direct knowledge of the power generation, transportation and aerospace markets, all of which are key business segments for Woodward. As a former member of the Office of the Chairman at Wisconsin Energy and a former member of the Executive Office at Sundstrand Corporation, Mr. Donovan contributes to the Board not only his strong knowledge of the markets in which Woodward competes, but also strong leadership and insight into large organizations.

John Halbrook

Mr. John A. Halbrook is an Independent Director of Woodward, Inc. Mr. John A. Halbrook retired as Chairman of the Board of the Company in January 2008, and previously served as Chief Executive Officer of the Company from November 1993 until July 2005. Mr. Halbrook has served in various other executive positions with the Company, including Chief Executive Operating Officer and President. Prior to joining Woodward, Mr. Halbrook garnered broad experience in finance and accounting, budgeting, marketing, strategic planning and operations through positions with Worthington Pumps, McGraw Edison, Turbodyne, General Electric, and General Dynamics. Through his tenure as Chairman and Chief Executive Officer of Woodward, Mr. Halbrook brings to the Board insight into the Company’s operations and an understanding of the complex issues facing Woodward’s business segments and the markets in which the Company competes.

Mary Petrovich

Ms. Mary L. Petrovich is an Independent Director of Woodward, Inc. Ms. Mary L. Petrovich has been serving as a senior advisor to private equity with the Carlyle Group and American Security Partners since June 2011. Prior to this role, Ms. Petrovich served as General Manager of AxleTech International, a supplier of off-highway and specialty vehicle drive train systems and components, after its acquisition by General Dynamics in December 2008. Ms. Petrovich served as Chairman and Chief Executive Officer of AxleTech International from 2001 through the December 2008 sale of the company to General Dynamics. Prior to AxleTech, in 2000, Ms. Petrovich was President of the Drivers Controls Division of Dura Automotive, possessing management responsibility for 7,600 employees. Ms. Petrovich has extensive experience with mergers, acquisitions and the integration of acquired businesses in the automotive, off-highway and transportation industries. This experience, together with her operational experience with Six Sigma lean manufacturing techniques and supply chain management, and her experience in evaluating new business opportunities, provides the Board with valuable knowledge in its oversight of Woodward’s operational efficiency and recent acquisitions.

James Rulseh

Mr. James R. Rulseh is Independent Director of the Woodward, Inc. Mr. James R. Rulseh has served as President of JRR & Associates, LLC, an independent manufacturing consulting company focused on operations improvement and operational leadership excellence, since May 2011. Prior to May 2011, Mr. Rulseh served as the Chief Operating Officer, Tulip Corporation, a private manufacturing company, since October 2009. Prior to joining Tulip Corporation, Mr. Rulseh served in the following capacities for Modine Manufacturing Company, an NYSE listed company that is a diversified global leader in thermal management technology and solutions: Special Assistant to the Chief Executive Officer, from January 2009 to October 2009; Regional Vice President – Americas, and an officer of Modine Manufacturing Company, from October 2007 to January 2009; Regional Vice President – Asia and an officer of Modine Manufacturing Company, from November 2006 to October 2007; Group Vice President and an officer of Modine Manufacturing Company, from April 2001 to November 2006; Managing Director of the Automotive Business Unit of Modine Europe, from 1998 to March 2001. Prior to 1998, Mr. Rulseh had held various other positions with Modine beginning in 1977. Mr. Rulseh’s experience as a Global Business Advisor, COO of Tulip Corporation and his extensive operational management experience at Modine Manufacturing Company provide him with significant insight and experience into the operations, challenges and complex issues facing major manufacturing corporations such as Woodward. Mr. Rulseh also brings to the Board extensive senior executive level experience in international manufacturing and business restructurings.

Ronald Sega

Dr. Ronald M. Sega, Ph.D., is an Independent Director of Woodward, Inc. Dr. Ronald M. Sega has served as Director, Systems Engineering Programs at Colorado State University (“CSU”) and Special Assistant to the Chancellor for Strategic Initiatives since September 2013. Dr. Sega also served as chair of the President’s and Provost’s Council on Sustainability at OSU. Dr. Sega held the position of Vice President for Energy, Environment, and Applied Research with the CSU Research Foundation from September 2007 through August 2010. Prior to joining CSU, Dr. Sega served as Under Secretary for the U.S. Air Force from August 2005 to August 2007. As Under Secretary, Dr. Sega led a team that developed a comprehensive energy strategy emphasizing supply, demand, and culture with results in 2006 leading to the receipt of the overall Presidential Award for Leadership in Federal Energy Management for the U.S. Government. As Under Secretary, Dr. Sega also acted as the Department of Defense (“DOD”) Executive Agent for space, and the Air Force Service Acquisition Executive for space programs. From August 2001 until August 2005, Dr. Sega was Director of Defense Research and Engineering, Office of the Secretary of Defense, which is the Chief Technology Officer for the DOD. From July 1996 to August 2001, he served as Dean, College of Engineering and Applied Science, University of Colorado at Colorado Springs. Dr. Sega is a former NASA astronaut and veteran of two shuttle missions. He retired from the U.S. Air Force in the rank of Major General. Dr. Sega is a Fellow of the American Institute of Aeronautics and Astronautics, as well as a Fellow of the Institute of Electrical and Electronics Engineers.

Gregg Sengstack

Mr. Gregg C. Sengstack is an Independent Director of Woodward, Inc. Mr. Gregg C. Sengstack was appointed Chief Executive Officer of Franklin Electric Co., Inc. (“Franklin Electric”), a manufacturer and distributor of water and fuel pumping systems, in May 2014, and Chairman in May 2015. He has been President of Franklin Electric since December 2011. Franklin Electric is a global leader in the production and marketing of systems and components for the movement of water and automotive fuels. Mr. Sengstack was President of Franklin Electric’s International Water Systems and Fueling Group from 2005 to 2011, and was Chief Financial Officer for Franklin Electric from 1999 to 2005. Mr. Sengstack joined Franklin Electric in 1988 and has worked on numerous acquisitions in the U.S. and overseas during his career. Mr. Sengstack’s combination of P&L, finance, international and general management and top leadership experience, as well as his consensus-driven global leadership style and experience working with boards, allow him to provide the Board with strong insight into the Company’s multi-national markets and operations.

Jonathan Thayer

Mr. Jonathan (“Jack”) W. Thayer is an Independent Director of the Company. Mr. Jonathan W. Thayer has served as Senior Executive Vice President and Chief Financial Officer of Exelon Corporation (“Exelon”), an energy provider and holding company for several energy businesses, since 2012. Prior to joining Exelon, Mr. Thayer held the position of Senior Vice President, Chief Financial Officer for Constellation Energy Group, Inc. (“Constellation Energy”) from October 2008 until Constellation Energy’s acquisition by Exelon. Mr. Thayer was also appointed Treasurer of Constellation Energy in August 2008, and held prior positions of Vice President and Managing Director, Corporate Strategy and Development (2004-2008) and Director, Investor Relations (2003-2004). Prior to joining Constellation Energy, Mr. Thayer held financial positions at Deutsche Bank Securities, Inc. and SBC Warburg Dillon Read, Inc. Mr. Thayer brings to the Board expertise in corporate finance and strategy, equity offerings, complex M&A transactions, including post acquisition integration, and risk management. He is experienced in leading across periods of growth, maturation, disruption, and crisis. Mr. Thayer has a strong sense of board governance, and an understanding of promoting shareholder value and investor relations.

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