Astronics appoints Nancy Hedges as CFO, effective Jan 4, 2025, succeeding retiring CFO Burney

ASTRONICS CORP

David C. Burney to retire as EVP, CFO & Treasurer effective Jan 3, 2025, after 29 years at Astronics, 22 as CFO.
Nancy L. Hedges, current Controller & Principal Accounting Officer (since 2014), appointed CFO effective Jan 4, 2025.
Hedges is a CPA with 12+ years at PwC; earlier Director of Accounting at Dayco/ Mark IV Industries.
Transition agreement provides Burney with full vesting of 2023/2024 performance RSUs and extended option exercise period.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

David C. Burney

Executive Vice President, Chief Financial Officer and Treasurer

ATRO · ASTRONICS CORP

Effective: 2025-01-03
Successor: Nancy L. Hedges
Filed: October 15, 2024, 7:59 PM ET

David C. Burney has provided notice to the Board of Directors of the Company (the “Board”) on October 11, 2024 that he will be retiring from his position as Executive Vice President, Chief Financial Officer and Treasurer of Company effective as of January 3, 2025.

Appointed

Nancy L. Hedges

Chief Financial Officer

ATRO · ASTRONICS CORP

Effective: 2025-01-04
Filed: October 15, 2024, 7:59 PM ET

the Company also announced that, on October 11, 2024, the Board appointed Nancy L. Hedges to the position of Chief Financial Officer effective as of January 4, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

David C. Burney retired as Executive Vice President, Chief Financial Officer and Treasurer at ASTRONICS CORP.

Action: retired
Role: Executive Vice President, Chief Financial Officer and Treasurer

Exact text from the filing

David C. Burney has provided notice to the Board of Directors of the Company (the “Board”) on October 11, 2024 that he will be retiring from his position as Executive Vice President, Chief Financial Officer and Treasurer of Company effective as of January 3, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Nancy L. Hedges was appointed as Chief Financial Officer at ASTRONICS CORP.

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

the Company also announced that, on October 11, 2024, the Board appointed Nancy L. Hedges to the position of Chief Financial Officer effective as of January 4, 2025.

View on SEC.gov

ASTRONICS CORP filing history →

Source: SEC EDGAR

accession 0000008063-24-000051

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