Damon Audia replaces the retiring Jan Kees van Gaalen, effective September 24.
Latest In Kennametal
Fourth-quarter sales increased 14 percent year-over-year.
Lawrence W. Stranghoener replaces the retiring Ronald De Feo as chairman of the board, effective July 1.
The company has engaged an external firm to assist in the search for a successor candidate.
Judith Bacchus named to Universal Stainless and Alloy Products board of directors.
Oleg Khaykin named to Avnet board; Lorraine Martin joins Kennametal board.
Net income $51 million, up 31 percent year-to-year.
Year-to-date, sales were up 16.9 percent over last year.
Dragich and Port will take new roles on executive management team.
The company reported a profit of $39.6 million for the quarter.
Fourth-quarter sales increased 8.4 percent year-over-year.
Rossi succeeds Ron De Feo whom the board has appointed executive chairman of the board.
Year-to-date, sales were down 10.6 percent year-over-year.
The company reported a loss of $21.7 million for the quarter.
Fourth-quarter sales fell 18 percent year-over-year.
DeFeo replaces Nolan as president and CEO.
Company reports loss of $168.8 million for the quarter.
First quarter sales down 20% in fiscal 1Q.
