Kaman Corp., which distributes bearings and other products, said Wednesday it T. Jack Cahill, president of its subsidiary Kaman Industrial Technologies Corp., will retire at the end of August.

Steven J. Smidler, currently senior vice president and chief operating officer, will replace him.

Cahill was named president 17 years ago and has worked for Kaman for 35 years.

Shares of the company rose 18 cents to $23.62 in early afternoon trading.

Other News:
President of Kaman Subsidiary to Retire
Schaeffler Group Industrial – Clever Solutions for the Paper Industry
SKF Reconditions Mill Trunnion Housings & Custom designed Sealing Arrangement @ Rand Uranium Cooke Plant
Slewing Rings Improve Efficiency of Wind Turbines (Pic)
CJ Bearings Enable Bottled Beverage Transportation
RBC Bearings' 4Q Profit Up 49% On Fewer Charges; Sales Down
NKE Bearing System for Planetary Wind Turbine Gearboxes (Pic)
SKF India hosts ‘Meet the World’ Football Tournament in Pune