Ian Walsh, former chief operating officer at REV Group and a nearly two-decade veteran of Textron (NYSE: TXT), will join aerospace company Kaman (NYSE: KAMN) to serve as president and CEO beginning Sept. 8.
He will suceed Neal Keating, who is due to retire from Kaman during its 2021 shareholders meeting, the aerospace company said Thursday.
Walsh previously held various positions at Textron subsidiaries that include TRU Simulation and Training, Lycoming Engines and Bell Helicopter, where he started his industry career in 1999.
"I look forward to continuing to work closely with our experienced leadership team, the board and all of our team members to advance our strategic priorities, create a stronger company for our customers and employees and deliver long-term value for our shareholders," Walsh said.
Kaman added that Richard Barnhart will retire as executive vice president of the company and president of its aerospace group, effective Sept. 30.
Barnhart agreed to assist with the transition until March 31.