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Kennametal Inc. is a global industrial technology leader specializing in the development and application of tungsten carbides, ceramics, and super-hard materials for metal cutting and extreme wear applications. The company provides high-performance tooling, engineered components, and advanced materials to industries such as aerospace, defense, energy, transportation, and earthworks. Its products enable precision manufacturing and efficient operations in challenging environments like high temperatures and corrosion.
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Metal Cutting - Offers high-performance tooling and metal cutting products, including milling, hole making, turning, threading, and toolmaking systems. Serves industries such as aerospace, defense, energy, and transportation, with products marketed under brands like Kennametal®, WIDIA®, WIDIA Hanita®, and WIDIA GTD®.
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Infrastructure - Produces engineered tungsten carbide and ceramic components, earth-cutting tools, and advanced metallurgical powders. Supplies industries like aerospace, defense, energy, and earthworks, with products marketed primarily under the Kennametal® brand.
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Carlonda R. Reilly Executive | Vice President and Chief Technology Officer | None | Carlonda R. Reilly has been VP and CTO since September 2018, leading innovation strategies at Kennametal. | |
Faisal Hamadi Executive | Vice President and President of Infrastructure Business Segment | None | Faisal Hamadi joined Kennametal in July 2024 and became President of the Infrastructure Business Segment on January 20, 2025. | |
Judith L. Bacchus Executive | Vice President and Chief Administrative Officer | None | Judith L. Bacchus has been VP and Chief Administrative Officer since May 2019, previously serving in various HR roles since 2011. | |
Michelle R. Keating Executive | Vice President, Secretary, and General Counsel | None | Michelle R. Keating has been VP, Secretary, and General Counsel since December 2016, with a tenure at Kennametal starting in August 2011. | |
Patrick S. Watson Executive | Vice President Finance and CFO | None | Patrick S. Watson has been VP Finance and CFO since June 2022, with a career at Kennametal starting in 2011. | |
Sanjay Chowbey Executive | President and CEO | None | Sanjay Chowbey is the President and CEO of Kennametal Inc., having assumed the role on June 1, 2024. He joined Kennametal in 2021 as VP and President of the Metal Cutting segment. | View Report → |
Douglas Dietrich Board | Board Member | Executive Chairman and CEO of Minerals Technologies Inc. | Douglas Dietrich joined the Kennametal Board on February 1, 2025, and is the Executive Chairman and CEO of Minerals Technologies Inc.. | |
Lorraine M. Martin Board | Board Member | President and CEO of the National Safety Council; Co-founder of Pegasus Springs Foundation; Board Member at IperionX Limited | Lorraine M. Martin has been a director since 2018, with over 35 years of experience in the aerospace industry. | |
Steven H. Wunning Board | Board Member and Chair of the Audit Committee | Board Member at Summit Materials, Inc.; Board of Trustees at Missouri University of Science and Technology | Steven H. Wunning has been a director since 2005, with extensive experience in global operations and finance. | |
William M. Lambert Board | Chairman of the Board | Board Member at MSA Safety Incorporated | William M. Lambert has been the Chairman of the Board since November 1, 2023, and has extensive experience in global manufacturing and finance. |
- Given the continued decline in the Transportation and General Engineering end markets in EMEA and the Americas, what specific strategies are you implementing to mitigate these challenges and drive growth in these regions?
- With adjusted operating margins decreasing in both the Metal Cutting and Infrastructure segments due to lower sales volumes and higher inflation, how do you plan to combat these margin pressures and improve profitability moving forward?
- You've mentioned expectations of a slight recovery in industrial production and oil rig counts in the second half of Fiscal 2025; what factors give you confidence in this anticipated improvement despite the current macroeconomic headwinds?
- Despite realizing $35 million in annualized savings from your restructuring program, margins have continued to decline. How are you ensuring that these savings translate into improved financial performance, and are additional cost-saving measures being considered?
- Considering the higher wage and general inflation impacting your operating margins, what actions are you taking to offset these costs, and how might these efforts affect your competitive positioning in the market?
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Immaterial Business Combination Acquisition | 2024 | The acquisition involved a total consideration of approximately $6.5 million with goodwill between $3.6 million and $3.8 million recorded in the Metal Cutting segment. This move aligns with the company’s strategy to expand into new markets and add complementary product offerings, though its impact is considered immaterial overall. |
Recent developments and announcements about KMT.
Earnings
New Earnings (Q2 2025)
·7 days agoView full earnings summary →Kennametal’s Q2 sees a slight order uptick and $65M in cost savings toward a $100M goal, but operating margins remain 8–8.5%. With new leadership, product pruning, and diversified revenue streams in play, watch for further margin and working capital gains.