Carroll Lane, a senior vice president and segment lead of engineered and precision products at Kaman (NYSE: KAMN), has been appointed interim chief financial officer at the Bloomfield, Connecticut-based aerospace and defense contractor.
He replaces James Coogan, who is stepping down as CFO after two years in the role and Kaman said Friday it has sought the help of an executive search firm to find a permanent successor to Coogan.
Coogan, who also served as SVP, is leaving to pursue another career opportunity and will stay with the company until Oct. 23 to facilitate a smooth transition.
“With nearly two decades of operational, financial, investor relations and leadership experience, Carroll is well suited to support the continued execution of our financial priorities, including our cost reduction and efficiency initiatives,” said Ian Walsh, president and CEO of Kaman.
Lane joined Kaman in July 2022 after serving as president of commercial engines at Pratt & Whitney.
He held leadership roles at United Technologies Corp. and CSP Associates. He spent eight years in the U.S. Marine Corps as a naval aviator.
