Woodward taps new COO

FORT COLLINS — Woodward Inc. (NASDAQ:WWD), a Fort Collins-based industrial and aerospace control systems maker, has tapped Thomas Cromwell to serve as the company’s new vice chairman and chief operating officer.

In this newly created position, Cromwell “will have direct oversight of the company’s business groups, as well as global supply chain and the company’s True North operational excellence group,” according to a Woodward news release.

Cromwell most recently served as group president for Kohler Power Group.

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“We are in the midst of significant and ongoing growth in both of our segments, and I have worked closely with our board of directors to create a new organizational design that will support Woodward strategies as well as deliver on the financial and shareholder return opportunities ahead of us,” said Woodward CEO Thomas Gendron in a prepared statement. “With a strong emphasis on operational excellence and execution, (Cromwell) joins Jack Thayer as our other new member of the office of the chairman, working together on the direction and oversight of the company.”