Curtiss-Wright falls after announcing CEO succession plan - CW News | RalliesCurtiss-Wright falls after announcing CEO succession plan
C
CW• Shares fall after CEO succession announcement
- Shares of aircraft parts maker Curtiss-Wright
CW.N lose nearly 4% to $546.79.
- Kevin Rayment is set to become the company's CEO, effective January 1, 2027.
- Rayment is currently executive vice president and chief operating officer.
- He succeeds Lynn M. Bamford, who is stepping down after six years as CEO to become executive chair.
- 6 of 10 brokerages rate the stock "buy" or above and 4 "hold"; the median PT is $793, according to data compiled by LSEG.
- Including session moves, the stock has fallen 0.34% year to date.
