Kaman announces board of directors changes Kaman Press Release | April 15, 2021
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Kaman Corporation announced that Neal J. Keating, chairman of the board of directors of Kaman, retired from the board of directors at the company’s 2021 Annual Meeting of Stockholders on April 14, 2021, in accordance with the previously announced transition plan. Upon Mr. Keating’s retirement, the board appointed Kaman president and chief executive officer, Ian K. Walsh, as chairman.
Neal Keating has served Kaman Corporation as the chairman of the board for over 13 years. During his time with the company, Kaman has grown, evolved, and established itself as a leading manufacturer of engineered products serving aerospace and defense, industrial and medical end-markets. Mr. Keating has spearheaded both organic growth and acquisitions such as Bal Seal Engineering, which enhanced profitability and helped to solidify the foundation for future growth. M
Bloomfield aerospace and medical device manufacturer Kaman Corp. announced CEO Ian Walsh will become chairman of its board, replacing Neal Keating, who is retiring.
Keating became CEO and board chair at Kaman about a year after he joined the company in 2007 as chief operating officer. He retired as CEO last September. Walsh, who served as an officer and naval aviator in the U.S. Marine Corps before his career as a manufacturing executive, began his role as Kaman s CEO in September. With Ian as chairman. the company will continue to benefit from a strong foundation, Keating said.
The chairman change isn t the only shake-up; board member Jennifer Pollino will assume the role of lead independent director, Kaman said. Additionally, board members Karen Garrison and Tom Rabaut, who have served on the board since 2006 and 2008, respectively, will retire.
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You only have to look at his educational and professional background to figure that out.
The former officer and naval aviator in the U.S. Marine Corps holds a master’s degree in public administration from Harvard University’s John F. Kennedy School of Government, and an MBA from Harvard Business School.
The 53-year-old manufacturing executive has also had a career-long focus on retooling the operations side of businesses, which often requires both big-picture and nuts-and-bolts thinking.
His latest task is running Bloomfield aerospace, defense and medical components manufacturer Kaman Corp., which he’s been doing as CEO since September.
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