Curtiss-Wright Taps COO Kevin Rayment as Next CEO, Effective January 2027
CW is trading near its 52-week low of $502 (9.7% above the low).
Summary
Curtiss-Wright's Board has appointed COO Kevin Rayment as President and CEO effective January 1, 2027. Current CEO Lynn Bamford will retire and become Executive Chair.
Key Events · Executive and Board Changes · CW
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CEO Succession Announced
Effective January 1, 2027, COO Kevin M. Rayment will become President and CEO, succeeding Lynn M. Bamford, who will transition to Executive Chair.
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New CEO Compensation
Rayment's package includes a $1,100,000 annual base salary, a 125% target bonus, and a 2027 long-term incentive award valued at $5,225,000 (30% RSUs, 30% performance units, 40% performance share units).
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Internal Succession
Rayment has been with Curtiss-Wright since 2004 and has served as COO since 2021; no related-party transactions or family relationships were disclosed.
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Transition Timing
The change takes effect January 1, 2027; Bamford will remain as Executive Chair after six years as CEO.
Analysis · CW · Technology
A planned CEO succession at Curtiss-Wright will see COO Kevin Rayment step into the President and CEO role on January 1, 2027, with current CEO Lynn Bamford moving to Executive Chair. The orderly, internal transition reduces execution risk, though leadership changes at a $20B defense contractor always carry some uncertainty. The new CEO's compensation package — $1.1M base, 125% target bonus, and a $5.225M 2027 long-term incentive award — aligns his interests with shareholders. Given the company's strong recent performance (record Q2 results, $4.5B backlog, $700M buyback authorization), this appears to be a well-planned handoff rather than a crisis-driven change.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 29.6% of the 1645 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, CW was trading at $550.92 on NYSE in the Technology sector, with a market capitalization of approximately $20.3B. The 52-week trading range was $502.00 to $808.16. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.