Lynn M. Bamford

Chair and Chief Executive Officer at Curtiss-Wright Corp

Board

Since January 1, 2021

Age

61 years

Education

Holds a Bachelor of Science in Electrical Engineering from Penn State University and a Master of Science in Electrical Engineering from George Mason University.

Tenure

Joined Curtiss-Wright in 2004 through its acquisition of Dy4, serving in roles such as Vice President, Product Development and Marketing; Vice President and General Manager of Embedded Computing; Senior Vice President and General Manager of Defense Solutions; President of Defense and Power Segments; and ultimately becoming President and Chief Executive Officer on January 1, 2021, with an appointment as Chair in May 2022.

Also at Curtiss-Wright Corp

GAO

Gary A. Ogilby

Vice President and Corporate Controller

GPM

George P. McDonald

Vice President, General Counsel, and Corporate Secretary

JCW

John C. Watts

Vice President of Strategy and Corporate Development

About

Lynn M. Bamford has developed a notable career over more than two decades at Curtiss-Wright, initiating her journey in 2004 through a strategic acquisition. Early in her career, she demonstrated strong technical and operational leadership, progressing from roles in product development and embedded computing to leading major divisions within the company.

Her professional journey is marked by significant promotions that reflect her expertise and strategic vision, as she transitioned from pivotal management roles to becoming President and Chief Executive Officer on January 1, 2021. This appointment was a culmination of her proven track record in driving growth and innovation within the defense and power segments.

Under her leadership, the organization has experienced major strategic acquisitions and operational transformations, reinforcing a commitment to innovation and financial discipline. Her subsequent appointment as Chair in May 2022 further underscores the confidence placed in her ability to guide the company toward long-term success.

$CW Performance Under Lynn M. Bamford

Past Roles

Organization	Role	Date Range	Details
Curtiss-Wright Corporation	President of the Corporation	January 1, 2021 - May 5, 2022	Held concurrently with other roles prior to becoming Chair and CEO
Curtiss-Wright Corporation	President and Chief Executive Officer	January 1, 2021 - May 5, 2022	Preceded current role as Chair and CEO
Curtiss-Wright Corporation	President of Defense and Power Segments	January 2020 - (Ended on promotion)	Oversaw strategic goals, technology development, global operations, and financial performance
Curtiss-Wright Corporation	Senior Vice President and General Manager of Defense Solutions and Nuclear Divisions	2018 - (Ended on promotion)	N/A
Curtiss-Wright Corporation	Senior Vice President and General Manager of Defense Solutions Division	2013 - 2019	N/A
Curtiss-Wright Corporation	Vice President and General Manager of Embedded Computing Business	2004 - (Ended on promotion)	N/A
Curtiss-Wright Corporation	Vice President, Product Development and Marketing for the Controls Segment	2004 - (Ended on promotion)	N/A
Dy4	Engineering and Leadership Positions	Pre-2004	Held various roles prior to joining CW

Fixed Compensation

Data from FY 2023

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$989,231	N/A	Fixed base salary for 2023
Automobile	$26,084	N/A	Personal use of company-leased car
Financial Planning	$13,975	N/A	Financial planning services
Other	$4,080	N/A	Other components included in All Other Compensation

Performance Compensation

Data from FY 2023

Annual Incentive Compensation Plan (ICP)

Metric	Weight (%)	Threshold	Target	Maximum	Actual Result	Payout Calculation
Corporate Operating Income	30%	$423,385	$470,428	$493,949	$494M (199% of target)	N/A
Organic Sales Growth	20%	2.0%	5.0%	6.0%	10.7% (200% of target)	N/A
Working Capital (% of Sales)	30%	28.5%	25.9%	24.6%	23.8% (200% of target)	N/A
Individual Objectives	20%	N/A	N/A	N/A	Rating 3.8 (140% achieved)	N/A
Total ICP Payout	N/A	N/A	$2,252,400	N/A	140% of target	N/A

Long-Term Incentive Plan (LTI) – Cash-Based Performance Units

Metric	Weight (%)	Threshold	Target	Maximum	Additional Details
Adjusted EPS Growth	40%	4.0%	6.0%	8.0%	Calculated as net earnings from continuing operations with specific adjustments
Total Sales Growth	60%	3.0%	5.0%	7.0%	Average percentage increase in sales over the three-year performance period (2023-2025)
Payout Range	N/A	50% of target	100%	200%	Payout based on the extent of performance outcomes
Grant Details	N/A	N/A	N/A	N/A	Grant Date: Mar 16, 2023; Fair Value: $1,290,000; Stock Price: N/A; Period: 2023-2025

Long-Term Incentive Plan (LTI) – Performance Share Units (PSUs)

Metric	Condition	Payout Level	Details
Three-year Relative TSR	Compared against a peer group	N/A	Performance period: 2023-2025
Payout Levels	TSR at key percentile thresholds	50% / 100% / 200%	Threshold: 25th percentile (50%); Target: 50th percentile (100%); Maximum: 75th percentile (200%); Below threshold: 0%; Cap: If TSR is negative, maximum payout is capped at 100%
Grant Details	N/A	N/A	Grant Date: Mar 16, 2023; Fair Value: $1,720,000; Units: Threshold: 5,067, Target: 10,134, Maximum: 20,268; Vest: Cliff vest on Dec 31, 2025; Stock Price determined using the closing price on grant date

Long-Term Incentive Plan (LTI) – Restricted Stock Units (RSUs)

Detail	Value	Source
Grant Date	Mar 16, 2023
Grant Date Fair Value	$1,290,000
Number of RSUs	7,600
Vesting Schedule	Cliff vest 100% on the third anniversary
Grant Date Stock Price	$222.79 (based on Dec 31, 2023 closing price)
Performance Metrics	Not applicable (RSUs are time-based awards)