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Cubic Announces Chief Financial Officer Transition Effective October 1, 2017
[July 11, 2017]

Cubic Announces Chief Financial Officer Transition Effective October 1, 2017

Cubic Corporation (NYSE: CUB) today announced that Chief Financial Officer (CFO) John "Jay" Thomas will transition to an executive advisor role focused on corporate growth initiatives, effective October 1, 2017 through his retirement on October 1, 2018. Upon Thomas' transition, the position of CFO will be assumed by Anshooman Aga, who most recently served as the CFO for AECOM's Design and Consulting Services business in the Americas. Aga will join Cubic on July 17, 2017 as Executive Vice President.

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Anshooman Aga, Executive Vice President of Cubic Corporation (Photo: Business Wire)

Anshooman Aga, Executive Vice President of Cubic Corporation (Photo: Business Wire)

Thomas joined Cubic in 1980 and held various financial positions during his long career at the company and has served as the Executive Vice President and Chief Financial Officer since 2013. He has been instrumental in helping grow and shape Cubic into the leading provider of defense systems and transportation solutions globally that it is today.

"On behalf of Cubic Corporation and all our stakeholders, I want to recognize Jay's significant contributions to Cubic. He has had an enormous impact on the success of the corporation during his nearly four decades of service," said Bradley Feldmann, president and chief executive officer of Cubic Corporation. "I want to thank Jay for his invaluable insights and wise counsel over his many years and I look forward his continued service on key strategic initiatives until his timed retirement."

"Anshooman is an experienced and very capable financial executive. He joins us at a very exciting time as we continue to grow our business in both existing and new markets," added Feldmann. "I am very pleased that Anshooman will be joining the Cubic leadership team; his deep experience in managing the financial aspects of growth will be crucial to our success in the months and years ahead."

About Cubic Corporation

Cubic Corporation designs, integrates and operates systems, products and services focused in the transportation, defense training and secure communications markets. Cubic Transportation Systems is a leading integrator of payment and information technology and services to create intelligent travel solutions for transportation authorities and operators. Cubic Global Defense is a leading provider of live, virtual, constructive and game-based training solutions, special operations and intelligence for the U.S. and allied forces. Cubic Mission Solutions provides networked Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) capabilities for defense, intelligence, security and commercial missions. For more information about Cubic, please visit the company's website at or on Twitter (News - Alert) @CubicCorp.

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