Curtiss-Wright Executive Vice President and Chief Financial Officer K. Christopher Farkas has stepped down from his post and will retire at calendar year-end, sending shares of the aerospace and defense company down 3.7% in the pre-market session. Senior Vice President and Corporate Controller Gary Ogilby was appointed interim chief financial officer while the board conducts a search for a permanent successor, with the company stating that Ogilby assumed the interim role effective October 6, 2026, and that Farkas will remain through calendar year-end. The leadership change may leave investors seeking clarity on continuity in capital allocation and oversight until a permanent replacement is finalized. Curtiss-Wright shares are down 9.7% since the beginning of the year and, at $516.93 per share, are trading 34.8% below their 52-week high of $792.77 from July 2026.
Curtiss-Wright CorporationCFO K. Christopher Farkas stepped down and will retire at year-end, raising investor uncertainty over capital-allocation continuity until a permanent successor is named.
