Kaman Corp. (Bloomfield, CT): Neal Keating is retiring as president and CEO and Ian Walsh will be incoming CEO, effective Sept. 8.
Keating, a 13-year company veteran, will continue to serve as executive chairman through the date of the 2021 Annual Meeting of Shareholders, at which time he is expected to retire from the Board. Richard Barnhart, executive VP of the company and president of Kaman Aerospace Group, also will be retiring from the company in connection with the leadership transition. Mr. Barnhart’s retirement is expected to become effective as of September 30, and he has agreed to make himself available to help support the transition through March 31, 2021.
Walsh previously served as COO of REV Group, a l designer, manufacture, and distributor of specialty vehicles and related aftermarket parts and services. Prior to joining REV Group, Mr. Walsh worked at Textron, where he most recently served as president and CEO of TRU Simulation and Training. He had worked at Textron since 1999. Prior to joining Textron, he served as an officer and naval aviator in the U.S. Marine Corps. He holds a bachelor's degree from Hamilton College, a Master of Public Administration from Harvard University's John F. Kennedy School of Government, and a Master of Business Administration from Harvard Business School.
Keating’s other executive posts before coming to Kaman include COO of Hughes Supply; CEO of GKN Aerospace. He currently serves on the Board of Directors for Hubbell; the MAPI Board of Trustees; the Board of Governors for Aerospace Industries Association (AIA); and as a trustee of Embry-Riddle Aeronautical University.