Faisal Hamadi

About Faisal Hamadi

Faisal Hamadi, age 40, was appointed Vice President, Kennametal Inc. and President, Infrastructure Segment effective January 20, 2025; he joined Kennametal in July 2024 leading the Value Creation Systems Office focused on lean and growth . He holds a bachelor’s degree in finance from Michigan State University and a master’s degree in finance from Johns Hopkins University, and previously had P&L responsibility as GM of a $600M Eaton aerospace business with 1,000+ employees . During fiscal 2025, Kennametal delivered sales of $2.0B (flat YoY), EBITDA $285M (14.5% margin), adjusted EBITDA $299M (15.2%), ROIC 6.2% (adjusted 6.8%), and PWCPS 31.9%—context for Hamadi’s segment leadership over the second half of FY25 . His FY25 AIP payout was 66.7% of target (blend of corporate first half and Infrastructure segment second half metrics), and the FY25 PSU ROIC tranche paid at 81.1% of target (EBITDA margin tranche to be measured over FY25–FY27), indicating moderate pay-for-performance alignment .

Past Roles

External Roles

• No public company directorships or external boards disclosed for Hamadi .

Fixed Compensation

Performance Compensation

Annual Incentive Plan (AIP) Design and Outcomes (FY2025)

Equity Awards Granted (FY2025)

PSU Performance Status

• FY2025 ROIC tranche achieved 81.1% of target; Average Adjusted EBITDA Margin to be measured for FY2025–FY2027; no payment until 3-year distribution date .
• FY2024 ROIC tranche (for the 2024 PSUs) achieved 81.1% of target; EBITDA tranche measured FY2024–FY2026 .

Equity Ownership & Alignment

Beneficial Ownership (as of August 15, 2025)

Stock Ownership Guidelines

Outstanding Equity Awards (as of June 30, 2025; closing price $22.96)

• Market value based on $22.96 closing price as of June 30, 2025 .

• No option exercises or stock vesting for Hamadi in FY2025, indicating minimal near-term selling pressure during FY2025; future RSU vesting begins August 15, 2025 and August 1, 2026 (standard tax withholding may reduce net shares upon vest) .

Hedging/Pledging and Insider Policy

• Company policy prohibits hedging and pledging of company stock by directors and executive officers without prior General Counsel approval; exceptions for pledging require demonstrated capacity to repay without resort to pledged stock; trading requires pre-clearance and occurs in defined windows .

Employment Terms

Performance & Track Record (Company context)

• FY2024 say-on-pay: ~99% approval on executive compensation, indicating broad shareholder support of pay framework .

Investment Implications

• Pay-for-performance alignment: Hamadi’s FY2025 AIP paid 66.7% of target with an ESG -10% modifier; PSUs’ FY2025 ROIC tranche achieved 81.1% of target—tying incentives to revenue growth, adjusted EBITDA, ROIC, and PWCPS supports margin/working capital discipline but payouts reflect mixed performance in FY2025 .
• Retention risk: A $250k sign-on RSU cliff-vesting on Aug 1, 2026 and three-year PSU service conditions lock in retention; non-compete of one year and moderate severance (non-CIC $425k; CIC $1.49M) plus double-trigger CIC terms reduce turnover incentives while avoiding single-trigger windfalls .
• Ownership alignment and selling pressure: Direct ownership is low (1,413 shares) but RSUs (25,375) and unearned PSUs (7,467) provide upside; ownership guidelines require 3x salary within five years, and hedging/pledging are generally prohibited—collectively mitigating misalignment and limiting leverage-risk; no stock vested/exercised in FY2025, suggesting limited near-term selling pressure ahead of initial RSU vesting windows .
• Execution focus: Company EBITDA and ROIC declined YoY in FY2025; AIP reweighted toward corporate adjusted EBITDA for segment leaders emphasizes enterprise profitability—watch for Infrastructure margin/cash cycle improvements under Hamadi’s leadership .