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Kaman Corp. Announces Aerospace Management Reorganization

Written by thomas · Filed Under Aeronautics News 

January 13, 2010

thomas

BLOOMFIELD, Conn., Jan. 13 /PRNewswire-FirstCall/ — Kaman Aerospace Group, Inc. a subsidiary of Kaman Corp. (Nasdaq: KAMN) today announced a broad organizational realignment in support of strategic growth plans.  The following appointments of executives reporting to Gregory L. Steiner, President, Kaman Aerospace Group were effective January 1, 2010:

Kaman Composites is established as a newly formed operating group within the Kaman Aerospace Segment.  James Larwood, 51, formerly President of the Kaman Precision Products Division, is appointed President of Kaman Composites.  “Expansion of aerospace composite structures capability is a key growth enabler in our strategic plan. The U.K. and the Wichita facilities will form the foundation of this business, and key strategic acquisitions will add capabilities and capacity,” said Steiner.  In addition to his experience at Kaman Precision Products and Helicopters, Larwood brings an aerospace composites background to the position.  He will be based in Bloomfield, Connecticut.

Dr. John Kornegay, 60, most recently President of Specialty Bearings, is appointed President, Kaman Precision Products, succeeding James Larwood.  “John’s depth and breadth of management skills, strong technical background, successful track record leading Specialty Bearings to be a truly outstanding organization, and his world class credentials in lean manufacturing position him to lead Precision Products as they build on the exceptional progress made under Jim’s leadership,” stated Steiner.

Robert Paterson, 52, is appointed President, Specialty Bearings, succeeding John Kornegay. Paterson was formerly the Vice President, Marketing and Sales for Specialty Bearings.  Steiner said, “Rob’s deep understanding of the bearings market, established customer relationships, depth of experience, and success in shaping the Specialty Bearings customer base, positions him to effectively build on Specialty Bearing’s world class performance.”

Richard Thorley, 49, formerly Chief Executive of Brookhouse, is appointed Strategy and Development Director, Kaman Aerospace Group. In this new role, Richard will concentrate on executive management of acquisition due diligence and integration, developing low cost manufacturing alliances and strategic partnerships for the Aerospace Group. Steiner stated, “Richard will be a critical resource for acquiring and successfully integrating acquisitions, as well as effectively establishing low cost manufacturing alternatives for our customers.”  Thorley will continue to have a base in the U.K.

Guy Thomas, 46, is appointed Group Managing Director, Brookhouse Holdings, reporting to James Larwood.  Guy was most recently Brookhouse’s Group Finance Director.  Steiner commented, “Guy’s demonstrated financial management skills combined with customer involvement, depth of experience, and general management skills make him an excellent choice to build on Brookhouse’s success, which has been established and grown under Richard Thorley’s leadership.”

Salvatore Bordonaro and Robert Kanaskie will continue in their roles as President, Kaman Helicopters Division, and President, Kaman Aerostructures Division, respectively. According to Steiner, “both will play active and important roles in the overall planning and implementation of the new organizational structure as they continue to position their operations for sustainable long-term growth.”

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