Cubic reports death of founder and CEO Walter J. Zable
25 June, 2012
category: Contactless, NFC, Transit
The Board of Directors of Cubic Corporation has reported the passing of Walter J. Zable, age 97, the corporation’s founder, chairman, president and CEO.
Zable had guided Cubic since he founded the company in 1951, leading it to global prominence in providing defense systems, mission support services and transportation systems and services to customers worldwide.
The Board has named William W. Boyle as interim president and CEO in addition to his current role as chief financial officer. Walter C. Zable, the son of Walter J. Zable, has been named to the role of chairman of the Board.
The company’s leadership team will continue in their present responsibilities. No changes are anticipated in the company’s day-to-day business activities.