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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
(c) The Board of Directors has elected Mark Trabert, age 63, to the position of Executive Vice President and Chief Operating Officer effective March 1, 2023. Prior to the current election, Mr. Trabert served as Vice President and President, Aircraft since 2015.
(b) Maureen Athoe, age 64, Vice President and President, Space and Defense, has announced her intent to retire from her position as President, Space and Defense effective February 28, 2023. Ms. Athoe will continue to serve as a Vice President through her retirement from Moog Inc. (the “Company”) in June 2024.
(c) The Board of Directors has elected Joseph Alfieri, age 41, to the position of Vice President and President, Space and Defense effective March 1, 2023, replacing Ms. Athoe. Mr. Alfieri has served as General Manager, Moog Construction since 2021. Prior to that, he served as General Manager, Commercial Aircraft Original Equipment since 2018 and F-35 Program Director since 2017.
The Board of Directors has elected Mark Graczyk, age 40, to the position of Vice President and President, Military Aircraft effective March 1, 2023. Mr. Graczyk has served as Chief Business Officer, Aircraft since 2022. Prior to that, he served as General Manager, Industrial Controls since 2021 and Finance Director, Aircraft since 2017.
The Board of Directors has elected Michael Schaff, age 51, to the position of Vice President and President, Commercial Aircraft effective March 1, 2023. Mr. Schaff has served as General Manager, Commercial Aircraft Original Equipment since 2021. Prior to that, he served as Finance Director, Space and Defense since 2017.
With these elections, Messrs. Alfieri, Graczyk and Schaff are deemed to be new executive officers and are eligible to participate in the compensation plans, benefits, and perquisites described in the Company’s Proxy Statement dated December 19, 2022, for the January 31, 2023 Annual Meeting of Shareholders.
(d) On February 6, 2023, the Board of Directors (the “Board”) of the Company took action to increase the size of the Board from nine to ten members and announced the appointment of Pat Roche as a Class B Director of the Company, effective February 6, 2023. Mr. Roche’s initial term will expire at the Company’s next annual meeting of shareholders.
Mr. Roche, age 59, is Chief Executive Officer of the Company, a role he assumed in February 2023. Prior to that, he served as Executive Vice President and Chief Operating Officer since 2021 and Vice President and President, Industrial since 2015.
