Cadence Aerospace Appoints Ken Kelley as President of Cadence Aerospace — Washington State

Personnel Announcement from Thomas C. Hutton

Anaheim, CA – October 23, 2018 – Today, I am pleased to announce a leadership change at Cadence Aerospace. Effective immediately, Ken Kelley, President of Precision Machine Works (PMW), expands his management role at our Company and assumes operational responsibilities for Giddens Industries. Serving in the newly created position of President of Cadence Aerospace—Washington State, Ken now leads the charge for both the PMW and Giddens businesses, working through an organizational structure that will fully leverage all resources, including SG&A personnel, to fully support our customers.

In conjunction, he oversees profitability and teams at both Cadence operations, along with daily manufacturing processes including high-speed and hard-metal machining, sheet metal fabrication, assembly and kitting for aerostructures. Aligned with the Cadence Aerospace vision and mission, Ken also will work to identify new areas for growth and improvement in productivity, efficiency and customer service as part of his new dual-management responsibilities.

Ken’s new appointment as President of Cadence Aerospace—Washington State comes on the heels of the recent departure of Curt Schroeder, the former President of both Giddens and Quality Forming Inc. (QFI). Curt has chosen to leave Cadence Aerospace to pursue other opportunities, and we thank him for his more than five years of operational expertise and contributions at our Company. For the interim period, Brian Valparaiso, Director of Operations for QFI, will oversee daily operations for the facility.

Ken brings not only an accomplished aerospace background to his new management role at Cadence Aerospace, but a relentless focus on continuous improvement, operational excellence and the success of our customers. Without question, our Company—and by extension, our customers—can capitalize on and benefit from his years of manufacturing experience in disciplines and best practices surrounding Operations, Engineering, Quality Assurance, Contracts, Purchasing, Production Control and Management Information Systems. For the past 11 years, Ken has worked exclusively at PMW and has held positions of increasing responsibility—first serving as Vice President of Operations, and for the past six years leading the facility as President. Prior to his time with PMW, he was Executive Vice President of QPM Aerospace, Inc., directing both the Gresham, Oregon division for machining/turning and the Monroe, Washington division of swaged tubes and sheet metal. Ken also worked for Rohr Industries (now United Technologies Aerostructures), a manufacturer of engine nacelles. He began his career at an aircraft interiors manufacturing company, KME (now AIM Aviation).

Ken has a Bachelor of Science in Biochemistry from Western Washington University and a Master of Business from the University of Puget Sound.

As we dedicate our entire organization to delivering world-class performance and superior cost savings to our customers globally, please join me in congratulating Ken on his new leadership position as President of Cadence Aerospace – Washington State. Together, we strive to make the difference at Cadence Aerospace.