SAN DIEGO -- (BUSINESS WIRE) -- Cubic Corporation (NYSE: CUB) announced today the management transition of Bradley H. Feldmann from president and chief operating officer to president and chief executive officer of Cubic Corporation. As announced on May 1, 2014, Feldmann succeeds William W. Boyle, who is retiring after a remarkable career of more than 30 years of service to the company and its stockholders. Boyle served most recently as CEO and previously as executive vice president and chief financial officer. He will be an advisor to the CEO and will remain on the board of directors until February 2015.
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“I am pleased to have had the opportunity to guide Cubic through the past two years following the passing of our founder and CEO of 62 years, Walter J. Zable. Walter left behind an entrepreneurial legacy that has allowed Cubic to establish leading positions in our markets around the globe,” said Boyle.
“The board is grateful for Bill’s dedication and numerous contributions to the company. Since joining the company in 1983, his finance and operations expertise and deep understanding of the company have made a huge contribution to the company’s growth,” said Walter C. Zable, Cubic’s executive chairman of the board of directors.
Boyle will remain an advisor to Feldmann and the management team after retiring as CEO. “Bill is a highly respected member of the executive team who has been instrumental in helping Cubic build long-term value for the company, its customers, shareholders and employees. I look forward to his continued guidance during this transition,” said Feldmann.
About Cubic Corporation
Cubic Corporation is the parent company of three major business segments. Cubic Transportation Systems is a leading integrator of payment and information technology and services for intelligent travel solutions. Cubic Defense Systems is a leading provider of realistic combat training systems and secure communications. Mission Support Services is a leading provider of training, operations, maintenance, technical and other support services for the U.S. and allied nations. For more information about Cubic, see the company's Web site at www.cubic.com.