Paul R. Kuhn Elected Chairman of Kaman Corp., Succeeding Company Founder Charles H. Kaman; Shareholders Elect Directors

Apr 10, 2001, 01:00 ET from Kaman Corporation

    BLOOMFIELD, Conn., April 10 /PRNewswire/ --
 Kaman Corporation (Nasdaq: KAMNA) today announced the election of President
 and Chief Executive Officer Paul R. Kuhn to the additional position of
 Chairman by the company's board of directors.  He succeeds company founder
 Charles H. Kaman, who did not stand for reelection due a continuing health
 condition.  The board elected Mr. Kaman to the newly created, lifetime
 honorary position of Chairman Emeritus of the board.
     The board also elected C. William Kaman II, Mr. Kaman's oldest son and a
 director of the company, to serve as vice chairman.  He is chairman and chief
 executive officer of AirKaman of Jacksonville, Inc., in Florida.
     At the company's annual meeting held here today, Kuhn told shareholders,
 "Charlie Kaman is one of the true pioneers of the American aviation industry.
 He has dedicated his life to aviation and to public service, and his lasting
 achievements have been recognized by the awards and honors bestowed upon him
 by government, industry and academia.  His pioneering contributions to the
 aviation industry and to society at large will always be remembered as will
 the affection and high regard he always felt for his employees over these many
 years.  We wish him well."
     Kuhn, 59, joined Kaman as president and chief executive officer in 1999.
 Prior to joining Kaman he was senior vice president, operations, aerospace
 engine businesses, for Coltec Industries, Inc., now part of Goodrich
 Corporation.
 
     Shareholders Elect Directors
     At the annual meeting, shareholders re-elected the following directors:
 Brian E. Barents, president and chief executive officer of Galaxy Aerospace
 Co., LP; E. Reeves Callaway III, president, Callaway Advanced Technology
 Corp.; Frank C. Carlucci, chairman, The Carlyle Group; Laney J. Chouest,
 owner/manager, Edison Chouest Offshore, Inc.; John A. DiBiaggio, president,
 Tufts University; Huntington Hardisty, Admiral, Retired U. S. Navy and former
 president, Kaman Aerospace International Corp.; C. William Kaman II, chairman
 and chief executive officer, AirKaman of Jacksonville, Inc.; Eileen S. Kraus,
 retired chairman, Connecticut Fleet National Bank; Paul R. Kuhn, chairman,
 president and chief executive officer, Kaman Corp.; Hartzel Z. Lebed, retired
 president, CIGNA Corp.; Walter H. Monteith, Jr., retired chairman, Southern
 New England Telecommunications Corp.; and Wanda Lee Rogers, president and
 chief executive officer, Rogers Helicopters, Inc.
     Shareholders also authorized the board to elect one additional director
 during the ensuing year.
 
     In other business, shareholders appointed KPMG LLP as the corporation's
 independent auditors.
 
     Kaman Corp., headquartered in Bloomfield, conducts business in the
 aerospace, industrial distribution and music distribution markets.
 
 

SOURCE Kaman Corporation
    BLOOMFIELD, Conn., April 10 /PRNewswire/ --
 Kaman Corporation (Nasdaq: KAMNA) today announced the election of President
 and Chief Executive Officer Paul R. Kuhn to the additional position of
 Chairman by the company's board of directors.  He succeeds company founder
 Charles H. Kaman, who did not stand for reelection due a continuing health
 condition.  The board elected Mr. Kaman to the newly created, lifetime
 honorary position of Chairman Emeritus of the board.
     The board also elected C. William Kaman II, Mr. Kaman's oldest son and a
 director of the company, to serve as vice chairman.  He is chairman and chief
 executive officer of AirKaman of Jacksonville, Inc., in Florida.
     At the company's annual meeting held here today, Kuhn told shareholders,
 "Charlie Kaman is one of the true pioneers of the American aviation industry.
 He has dedicated his life to aviation and to public service, and his lasting
 achievements have been recognized by the awards and honors bestowed upon him
 by government, industry and academia.  His pioneering contributions to the
 aviation industry and to society at large will always be remembered as will
 the affection and high regard he always felt for his employees over these many
 years.  We wish him well."
     Kuhn, 59, joined Kaman as president and chief executive officer in 1999.
 Prior to joining Kaman he was senior vice president, operations, aerospace
 engine businesses, for Coltec Industries, Inc., now part of Goodrich
 Corporation.
 
     Shareholders Elect Directors
     At the annual meeting, shareholders re-elected the following directors:
 Brian E. Barents, president and chief executive officer of Galaxy Aerospace
 Co., LP; E. Reeves Callaway III, president, Callaway Advanced Technology
 Corp.; Frank C. Carlucci, chairman, The Carlyle Group; Laney J. Chouest,
 owner/manager, Edison Chouest Offshore, Inc.; John A. DiBiaggio, president,
 Tufts University; Huntington Hardisty, Admiral, Retired U. S. Navy and former
 president, Kaman Aerospace International Corp.; C. William Kaman II, chairman
 and chief executive officer, AirKaman of Jacksonville, Inc.; Eileen S. Kraus,
 retired chairman, Connecticut Fleet National Bank; Paul R. Kuhn, chairman,
 president and chief executive officer, Kaman Corp.; Hartzel Z. Lebed, retired
 president, CIGNA Corp.; Walter H. Monteith, Jr., retired chairman, Southern
 New England Telecommunications Corp.; and Wanda Lee Rogers, president and
 chief executive officer, Rogers Helicopters, Inc.
     Shareholders also authorized the board to elect one additional director
 during the ensuing year.
 
     In other business, shareholders appointed KPMG LLP as the corporation's
 independent auditors.
 
     Kaman Corp., headquartered in Bloomfield, conducts business in the
 aerospace, industrial distribution and music distribution markets.
 
 SOURCE  Kaman Corporation

RELATED LINKS

http://www.kaman.com