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The latest announcement is out from Kennametal ( (KMT) ).
On January 15, 2025, Kennametal Inc. announced the appointment of Faisal Hamadi as Vice President and President of the Infrastructure Business Segment, effective January 20, 2025. Hamadi, who joined Kennametal in July 2024 from Eaton Corporation, will succeed Franklin Cardenas. Hamadi’s appointment aligns with Kennametal’s strategic focus on shareholder value and operational excellence, leveraging his extensive experience in commercial and operations management to drive growth in the Infrastructure segment. Cardenas will continue with the company until April 1, 2025, to ensure a smooth transition.
More about Kennametal
Kennametal Inc., an industrial technology leader for over 85 years, provides solutions in materials science, tooling, and wear resistance. The company serves sectors such as aerospace, defense, energy, and transportation, helping customers in nearly 100 countries enhance manufacturing precision and efficiency. In fiscal 2024, Kennametal generated $2 billion in revenues with a workforce of approximately 8,400 employees.
YTD Price Performance: 1.52%
Average Trading Volume: 927,603
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.87B
Learn more about KMT stock on TipRanks’ Stock Analysis page.