Molino joined the company's executive leadership team in 2022 and has been involved in operational management, customer relations, business growth, and facility development. As President, he will oversee daily operations and organizational performance. Meanwhile, Kalil will remain responsible for strategic planning, business development, major customer relationships, and other corporate initiatives.

The privately owned company provides dry docking, vessel repair, maintenance, fabrication, and related marine services for commercial and government vessels. Caddell said it continues to evaluate investments in infrastructure, equipment, and workforce development to strengthen its ship repair capabilities. The leadership transition is intended to maintain business continuity while supporting the company's long-term operations in New York Harbor and the broader maritime industry.