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Dan Bowman Appointed Corporate Vice President of Strategy and Business Development for Woodward, Inc.

FORT COLLINS, Colo., Aug. 31, 2017 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today announced the appointment of Dan Bowman as Corporate Vice President of Strategy and Business Development. In this new role, Mr. Bowman will lead Woodward’s business development activity as well as enterprise-wide, long-range strategic planning.

“With more than 30 years of aviation and industrial experience, Dan is a strong strategist and business development executive,” says Tom Gendron, Chairman and CEO of Woodward. “He was instrumental in Woodward’s most recent aerospace wins, and was integral to our joint venture with GE. In his new role, Dan will have responsibility to drive Woodward’s future growth strategies.”

Mr. Bowman most recently held the position of Vice President, Sales, Marketing, and Commercial Operations for the Aircraft Turbine Systems group of Woodward. He received his Bachelor’s Degree in Aeronautical Engineering Technology from Purdue University and holds a Master’s Degree in Business Administration from Chapman University.

About Woodward, Inc.

Woodward is an independent designer, manufacturer, and service provider of control system solutions and components for the aerospace and industrial markets. The company's innovative fluid, combustion, electrical, and motion control systems help customers offer cleaner, more reliable, and more efficient equipment. Our customers include leading original equipment manufacturers and end users of their products. Woodward is a global company headquartered in Fort Collins, Colorado, USA. Visit our website at www.woodward.com, and connect with us at www.facebook.com/woodwardinc.

The statements in this release concerning the company's future sales, earnings, business performance, prospects, and the economy in general reflect current expectations and are forward-looking statements that involve risks and uncertainties. Actual results could differ materially from projections or any other forward-looking statement and we have no obligation to update our forward-looking statements. Factors that could affect performance and could cause actual results to differ materially from projections and forward-looking statements are described in Woodward's Annual Report and Form 10-K for the year ended September 30, 2016 and any subsequently filed Quarterly Report on Form 10-Q.

CONTACT: Tracy Gohari Director, Business Communications 970-498-3126

Source:Woodward, Inc.