Curtiss-Wright names Kevin Rayment CEO: what it means for CW stock

Published on 10/06/2026 at 02:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Curtiss-Wright authorized USD 510.0 million more buybacks on September 10, 2026. For CW stock this means USD 700.0 million in total capacity.

CW, US2315611010, Illustration mit AI erstellt.

Curtiss-Wright (US2315611010) will appoint Chief Operating Officer Kevin M. Rayment as president and chief executive officer on January 1, 2027, succeeding Lynn M. Bamford, who will become executive chair, Curtiss-Wright said on September 22, 2026. The planned handover gives CW stock a concrete management milestone for the first quarter of 2027.

Leadership change brings a clear date

Rayment has served as Curtiss-Wright's chief operating officer since 2021 and joined the company in 2004, while Bamford has led the business as CEO for six years, according to the company release dated September 22, 2026. The transition is planned rather than immediate, leaving the existing leadership team in place through December 31, 2026.

The announcement also places the succession against a record of capital returns. Curtiss-Wright said it has returned USD 1.7 billion to shareholders through repurchases and dividends during Bamford's tenure, a figure that gives the leadership change a measurable capital-allocation backdrop.

Buyback capacity reaches USD 700 million

On September 10, 2026, the board authorized an additional USD 510.0 million for common-stock repurchases, lifting total authorization to USD 700.0 million, according to the SEC filing. A Rule 10b5-1 plan covers USD 100.0 million of purchases through October 30, 2026, with USD 600.0 million expected to remain afterward.

The latest operating figures add a second reference point. In the second quarter of 2026, Curtiss-Wright reported revenue of USD 924.01 million, up 5.40 percent year over year, and diluted earnings per share of USD 3.72 versus a USD 3.62 consensus estimate, according to MarketBeat on September 29, 2026. Revenue therefore grew against the prior-year quarter even as it came in below the USD 926.17 million consensus estimate.

Results date adds the next marker

Curtiss-Wright plans to release third-quarter 2026 results after the close of trading on November 4, 2026, followed by a webcast on November 5, according to Business Wire. That date will test whether the second-quarter growth rate and earnings-per-share performance are carrying into the second half of 2026.

NYSE range keeps valuation context

The last primary-exchange quote was USD 540.79 on the New York Stock Exchange at 4:00 p.m. ET on October 5, 2026. The 52-week range was USD 521.66 to USD 808.16, placing the quote 33.09 percent below the high, while market capitalization stood at USD 20.0 billion as of October 5, 2026.