Kaman Corporation announced that In connection with the cost-reduction and restructuring initiatives Russell J. Bartlett, Senior Vice President and Chief Operating Officer, Shawn G. Lisle, Senior Vice President, General Counsel, Chief Ethics and Compliance Officer and Assistant Secretary and Rafael Z. Cohen, Vice President and Chief Information Officer will leave the employ of the Company, effective as of January 27, 2023. In connection with the departures discussed above, (i) Ian K. Walsh, Chairman, President and Chief Executive Officer of the Company, will temporarily assume managerial responsibility for the Structures Segment; (ii) Carroll K. Lane, Senior Vice President and Segment Lead for the Precision Products Segment, will assume the additional managerial responsibility for the Engineered Products Segment; (iii) Richard S. Smith, Jr., Vice President, Deputy General Counsel and Secretary, will become Senior Vice President and General Counsel of the Company; and (iv) Roy Dilig, Director of Information Technology for the Company's Bal Seal Engineering subsidiary, will become Vice President – Information Technology of the Company.