Business
Woodward Appoints Bill Lacey as Chief Financial Officer
FORT COLLINS, Colo., April 05, 2023 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ: WWD), a global leader in energy conversion and control solutions for aerospace
About this update from Woodward, Inc.
[{"type":"text","content":"FORT COLLINS, Colo., April 05, 2023 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ: WWD), a global leader in energy conversion and control solutions for aerospace and industrial markets, announced today that it has appointed William (Bill) Lacey as its new Chief Financial Officer (CFO), effective May 8, 2023. Lacey brings to the role a distinguished track record in financial, operations, and business leadership, most recently as Vice President of Finance for Amazon’s Books and Kindle Content, and prior to that as President and CEO of Savant’s Lighting division. Prior to that, Lacey had a successful 28-year career at General Electric (GE). This includes serving as President and CEO of the company’s Lighting division, a role he maintained following the division’s acquisition by Savant. During his GE tenure, he held several senior leadership positions, including as CFO of the company’s Healthcare Medical Diagnostic and Wind Energy divisions. He also spent time working with GE Aviation. Lacey has deep experience enacting financial transformation to help large public organizations win in the marketplace. He excels at building high-performing finance teams and providing financial leadership to help global businesses achieve their growth strategies. As CFO, Lacey will oversee Woodward’s financial operations and work closely with the company’s CEO, executive leadership team, Board of Directors, and Aerospace and Industrial business segments to help execute Woodward’s strategy. Lacey will assume the CFO role from Mark Hartman upon Hartman’s departure from the company as he pursues other opportunities. “I’m pleased to welcome Bill to Woodward’s leadership team,” said Chip Blankenship, Woodward Chair and CEO. “His global operational and financial leadership experience, along with his proven ability to successfully execute on financial strategy, will support our efforts to accelerate profitable growth and deliver long-term value for our customers, members, and shareholders. I also want to thank Mark for his many outstanding achievements and contributions to Woodward and wish him the best in his future endeavors.” Until recently, Lacey also served on the Board of Directors at aerospace and industrial firm Parker Hannifin Corporation. He is passionate about working with philanthropic organizations to give back to the local community, such as his ...