Cameron spent nearly two seasons as the team's head coach, including taking over in the 2014-15 season, which led to Ottawa's rally to the playoffs. He took over the team that year on December 8th, 2014 as the team's 11th head coach in franchise history, and fifth since 2007.
He was previously an assistant on the team's staff for three-plus seasons.
The former player complied a record of 70-50-17 as the team's head coach, including finishing this season with a record of 38-35-9. He would end the '14-'15 season by leading Ottawa to the top Wild Card spot in the east with a 43-26-13 record. They would go on to fall to the Montreal Canadiens in the first round.
Assistants Andre Tourigny and Rick Wamsley were let go on Tuesday as well, as the Senators will use the off-season to re-arrange the coaching staff and find the winning formula for next season.