Kennametal Names Former MSA CEO as Chairman - Modern Distribution Management

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Kennametal Names Former MSA CEO as Chairman

Kennametal Inc. (NYSE: KMT) announced today the election of Paul Sternlieb to its board of directors, effective January 1, 2023. Sternlieb is currently the President and CEO of Enerpac Tool Group, a premier industrial tools and services company.

Metalworking supplier Kennametal announced that its Board of Directors appointed William Lambert as Chairman of the Board, effective Nov. 1.

William Lambert

Lambert succeeds Lawrence Stranghoener, who is stepping down from the role after serving as either Chairman or Independent Lead Director since 2015. Stranghoener will remain on the Board of Directors and serve on its Audit Committee.

This change is in line with the company’s overall corporate governance and succession planning process, Kennametal officials said in a Oct. 26 news release.

Lambert has been an independent director of the Kennametal Board since 2016 and has been chair of the Audit Committee since 2019. He is also a member of the Board of Directors of workplace safety product manufacturer MSA Safety Inc., where he served as President and CEO until 2018.

Lambert also previously served on the Board of Directors of EQT Corporation, a natural gas producer.


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