Exhibit 99.1
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News Release |
Graham Corporation
¨ 20 Florence Avenue ¨ Batavia, NY 14020
IMMEDIATE
RELEASE
GRAHAM CORPORATION ANNOUNCES APPOINTMENT
OF WILLIAM ZMYNDAK AS DEPUTY GENERAL MANAGER OF GRAHAM MANUFACTURING
Alan Smith, Vice President and General Manager of Graham Manufacturing to retire in April 2026 and will serve in an advisory role moving
forward
William Zmyndak is expected to assume the role of Vice President and General Manager of Graham Manufacturing upon
Mr. Smith’s retirement
Additionally, the Company announces the appointments of Keith Oufnac as Chief Information Officer
and Rachel Jaakkola as Chief Human Resources Officer
BATAVIA, NY, February 17, 2026 – Graham Corporation (NYSE: GHM)
(“GHM” or the “Company”), a global leader in the design and manufacture of mission critical fluid, power, heat transfer vacuum, and advanced mixing technologies for the Defense, Energy & Process and Space industries,
today announced the appointment of William Zmyndak, Deputy General Manager of Graham Manufacturing.
As part of a proactive succession plan, Alan Smith,
currently Vice President and General Manager of Graham Manufacturing, will transition to a consulting and advisory role beginning in April 2026. In this capacity, Mr. Smith will continue to support the business and leadership team through a
transition period upon his retirement. Effective April 2026, Mr. Zmyndak will assume the role of Vice President and General Manager of Graham Manufacturing upon Alan’s retirement.
Mr. Zmyndak brings more than three decades of manufacturing and operational leadership experience, including senior leadership and P&L responsibility
across complex, multi-site aerospace and industrial businesses. Prior to joining Graham, he served as Vice President and General Manager at ITT Control Technologies, where he led operations across multiple U.S. and international locations and drove
margin expansion, operational excellence, and growth initiatives. Earlier in his career, Mr. Zmyndak held senior leadership roles at Kaman Aerosystems, Chromalloy, Barnes Aerospace, and Pratt & Whitney. He holds a Master of Business
Administration from Purdue University and a Bachelor of Science in Manufacturing Engineering from Boston University.
In addition to this leadership
transition, the Company announced two key leadership appointments that further strengthen its executive team.
Keith Oufnac has been appointed Chief
Information Officer. Mr. Oufnac has more than 20 years of experience leading digital transformation, IT strategy, and cybersecurity initiatives across defense, aerospace, and highly regulated industries. Most recently, he served as Vice
President of Information Technology at Bollinger Shipyards, where he led enterprise-wide infrastructure modernization, cybersecurity enhancements, and large-scale systems integration efforts, including support for significant acquisition activity.