Woodward has reported that Robert F. Weber, Jr., Vice Chairman and Chief Financial Officer, has announced his intention to retire effective January 3, 2020, after more than 14 years as the CFO of the company.
As part of the company's succession planning for the Chief Financial Officer role, Jonathan “Jack” W. Thayer, has joined the company as Vice Chairman, Corporate Operations, reporting to Mr. Gendron.
Mr. Thayer will also be appointed to Chief Financial Officer on October 1, 2019, the beginning of Woodward's fiscal year 2020. Mr. Weber will then transition into a senior consultant role supporting Mr. Gendron and the senior leadership team through his January 2020 retirement date.