---
schema_version: "secwatch.filing_event.v1"
accession: "0000008063-24-000051"
form_type: "8-K"
ticker: "ATRO"
cik: "0000008063"
company_name: "ASTRONICS CORP"
filed_at: "2024-10-15T23:59:59+00:00"
generated_at: "2026-05-30T15:04:42.780343+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000008063-24-000051
- form_type: 8-K
- ticker: ATRO
- cik: 0000008063
- company_name: ASTRONICS CORP
- filed_at: 2024-10-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/8063/000000806324000051/0000008063-24-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/8063/000000806324000051/atro-20241011.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000008063-24-000051
- JSON: https://secwatch.observer/filing/0000008063-24-000051.json
- Plain text: https://secwatch.observer/filing/0000008063-24-000051.txt

## Key facts
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/8063/000000806324000051/0000008063-24-000051-index.htm
- Executive change
  Nancy L. Hedges was appointed as Chief Financial Officer at ASTRONICS CORP.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/8063/000000806324000051/0000008063-24-000051-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
