Caddell Dry Dock to Appoint New Executive Leadership

The Staten Island shipyard will transition to a new executive structure starting on January 1, 2027.

Updated on Oct. 26, 2026 in People

Bold flat-color editorial illustration featuring a geometric steel dry dock structure, representing corporate industrial leadership changes. — Caddell Dry Dock and Repair Co. announced that Steven Kalil will become CEO and Salvatore Molino will become President starting January 1, 2027. AI Illustration. Upload story photo >

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Caddell Dry Dock and Repair Co., Inc. will implement a planned executive leadership change effective January 1, 2027. The company is set to elevate Steven Kalil to Chief Executive Officer and promote Salvatore Molino to President.

Why it matters

The transition is designed to position the organization for future growth while ensuring continuity of its core operating principles. The move maintains the firm's long-standing leadership structure while preparing for evolving maritime repair demands.

Steven Kalil concludes a 36-year tenure as President of the Staten Island-based company. Salvatore Molino, who joined the executive team in 2022, will assume the role of President.

The players

Steven Kalil

He is the outgoing President who has served in the leadership role for 36 years before becoming the incoming Chief Executive Officer.

Salvatore Molino

He is the current Executive Vice President who is slated to step into the role of President of the company.

John B. Caddell II

He serves as the Chairman of the Board and will remain in this capacity throughout the upcoming leadership transition.

The details

Under the new structure, John B. Caddell II will retain his position as Chairman of the Board. William Chapman will continue serving as Vice President and General Manager, while Ciro Galeno, Jr. will remain in his role as Secretary and Treasurer.

Salvatore Molino joined the executive leadership team in 2022.
The new leadership structure becomes effective on January 1, 2027.

Market Landscape

The firm is utilizing its internal planned succession process to manage the transition and maintain stability. This strategy positions the company to continue its long-term focus on expanding repair and dry dock capabilities in the New York Harbor market.

Local maritime clients and partners can expect continued service consistency as the company maintains its established operating principles. No changes to facility access or service offerings have been announced regarding this transition.

The takeaway

Maintaining steady leadership during corporate transitions can provide clarity for clients and employees alike. Planning for executive shifts well in advance helps ensure that long-term strategic goals for infrastructure and growth remain on track.