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Woodward Names Karrie Bem as New General Counsel and CCO

Woodward Names Karrie Bem as New General Counsel and CCO

Woodward Appoints Karrie Bem as General Counsel and CCO

Woodward (NASDAQ: WWD), a prominent player in aerospace and industrial energy control solutions, has announced the appointment of Karrie Bem as Executive Vice President, General Counsel, Corporate Secretary, and Chief Compliance Officer. This strategic decision strengthens the company’s leadership team, with Bem officially stepping into her role on September 16. In her position, she will manage the company’s legal and compliance functions, which include creating comprehensive programs and procedures for legal issues, ethics, compliance, contract negotiations, labor relations, trade compliance, and intellectual property management.

Karrie Bem's Professional Background

Bem comes with a wealth of experience across various legal, business, and technology sectors. She has a solid history in policy development, legal advisory, regulatory compliance, intellectual property management, government contracting, corporate governance, and litigation. Most recently, she served as General Counsel for National Security Space at Lockheed Martin Space. During her three years at Lockheed Martin, she held significant positions, including General Counsel for the Space sector’s Operations and Supply Chain Operations.

Previous Experience

Prior to her role at Lockheed Martin, Bem was the Deputy General Counsel for United Launch Alliance, LLC, a collaboration between Lockheed Martin and The Boeing Company. Her extensive background in the defense sector provides a strong foundation for her new responsibilities at Woodward.

Military Service and Leadership Skills

Karrie is also a Colonel in the U.S. Air Force Reserve, where she has dedicated over 24 years of service as an Air Force Contracting Officer. Her experience includes serving as a Warranted Contracting Officer with the U.S. Department of Interior and the Defense Contract Management Agency, highlighting her dedication to public service and compliance.

Commitment to Organizational Integrity

Chip Blankenship, Woodward's Chair and CEO, expressed his excitement about Bem’s appointment, stating, “Karrie’s extensive expertise and background in legal and compliance matters within the defense industry will bring immense value to our company. Her dedication to organizational integrity and her experience in building effective legal teams are crucial for our ongoing growth.”

Educational Credentials

Karrie Bem holds a bachelor's degree in social science from the U.S. Air Force Academy, an MBA from Webster University, and a J.D. from the University of Denver. She is currently pursuing an L.L.M. specializing in government contracts at George Washington University. Bem plans to relocate with her husband and two children, showcasing her personal commitment to her new role at Woodward.

About Woodward

Woodward, Inc. is recognized as a global leader in designing, manufacturing, and servicing energy conversion and control solutions tailored for aerospace and industrial equipment markets. The company collaborates with clients to create a cleaner, decarbonized future by providing innovative fluid, combustion, electrical, propulsion, and motion control systems that operate in some of the world's most challenging environments.

Company Headquarters

Woodward is based in Fort Collins, Colorado, USA, underscoring its commitment to delivering high-quality solutions and services worldwide.

Media and Investor Relations Contacts

For media inquiries, please reach out to Jennifer Regina at 970-559-8840 or via email at jennifer.regina@woodward.com. For investor relations, contact Dan Provaznik, Director of Investor Relations, at 970-498-3849 or email him at Dan.Provaznik@woodward.com.

Frequently Asked Questions

Who has Woodward appointed as their General Counsel?

Karrie Bem has been appointed as the General Counsel, Corporate Secretary, and Chief Compliance Officer.

When does Karrie Bem start her new role?

Karrie Bem will officially start her role on September 16.

What qualifications does Karrie Bem hold?

Bem holds a bachelor's degree in social science, an MBA, a J.D., and is pursuing an L.L.M. in government contracts.

What is the primary focus of Bem's new role?

She will be responsible for legal and compliance matters, including contracts, labor relations, and intellectual property.

How does Woodward view Karrie Bem's appointment?

The company views her extensive experience in legal and compliance in the defense industry as a significant asset for their leadership team.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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