Kaman Corporation (NYSE:KAMN) today announced that Jairaj ‘JC’ Chetnani has been appointed to the position of Vice President and Treasurer, reporting to Robert Starr, Senior Vice President and Chief Financial Officer.
Chetnani succeeds Starr in the Treasurer position and joins Kaman from Quanex Building Products, a $1 billion building products manufacturer with multiple independently-run operating divisions, where he served as Vice President and Treasurer. At Quanex he was a member of the core leadership team and was heavily involved in the company’s successful business recovery following the industry’s economic downturn. Prior to joining Quanex, Mr. Chetnani was Treasurer at SunEdison (formerly MEMC Electronic Materials), an S&P 500 leader in the manufacture and sale of semi-conductor wafers and solar products with operations in Asia and Europe. Before assuming his role at SunEdison, he was Assistant Treasurer at YRC Worldwide (formerly Yellow Roadway Corporation), a Fortune 500 transportation services provider. Over the course of his career to date, Chetnani has also held a variety of increasingly responsible positions at organizations both within the United States and India.
“I am delighted to have JC join the Kaman team. He is a seasoned treasury executive with tremendous experience across a wide range of treasury disciplines. I know he will play a critical role in Kaman’s future growth,” noted Starr.
Chetnani received his MBA from Indiana University in Bloomington, Indiana and is a CFA charterholder. He also earned his Master of Management Studies degree from Jamnalal Bajaj Institute of Management Studies in Mumbai, India, and his Bachelor of Commerce degree from Jai Hind College in Mumbai. He and his family will be relocating from Texas to Connecticut.About Kaman Corporation Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut conducts business in the aerospace and industrial distribution markets. The company produces and/or markets widely used proprietary aircraft bearings and components; complex metallic and composite aerostructures for commercial, military and general aviation fixed and rotary wing aircraft; aerostructure engineering design analysis and FAA certification services; safe and arm solutions for missile and bomb systems for the U.S. and allied militaries; subcontract helicopter work; and support for the company's SH-2G Super Seasprite maritime helicopters and K-MAX medium-to-heavy lift helicopters. The company is a leading distributor of industrial parts, and operates more than 200 customer service centers and five distribution locations across North America. Kaman offers more than four million items including bearings, mechanical power transmission, electrical, material handling, motion control, fluid power, automation and MRO supplies to customers in virtually every industry. Additionally, Kaman provides engineering, design and support for automation, electrical, linear, hydraulic and pneumatic systems as well as belting and rubber fabrication, customized mechanical services, hose assemblies, repair, fluid analysis and motor management.
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