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Kennametal Inc. (KMT)

NYSE - NYSE Delayed Price. Currency in USD
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33.41-0.33 (-0.98%)
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Kennametal Inc.

600 Grant Street
Suite 5100
Pittsburgh, PA 15219
United States
412-248-8200
http://www.kennametal.com

SectorIndustrial Goods
IndustryMachine Tools & Accessories
Full Time Employees10,744

Key Executives

NameTitlePayExercisedAge
Mr. Ronald M. DeFeoExec. Chairman1.17MN/A65
Mr. Johannes Cornelius Maria van GaalenChief Financial Officer and VP636.99kN/A60
Ms. Judith L. BacchusChief HR & Corp. Relations Officer and VP424.37kN/A55
Mr. Peter A. DragichVP and Pres of Infrastructure Segment578.17kN/A54
Mr. Charles M. Byrnes Jr.VP and Pres of Industrial Segment315.5kN/A52
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Kennametal Inc. develops and applies tungsten carbides, ceramics, super-hard materials, and solutions for use in metal cutting and mission-critical wear applications to combat extreme conditions related with wear fatigue, corrosion, and high temperatures worldwide. It operates through three segments: Industrial, Widia, and Infrastructure. The company’s product offering includes a selection of standard and customized technologies for metalworking applications, such as turning, milling, hole making, tooling systems, and services for manufacturers of transportation vehicles and components, machine tools, and light and heavy machinery; airframe and aerospace components; and energy-related components for the oil and gas industry, as well as power generation. It also produces specialized wear components and metallurgical powders that are used for custom-engineered and various applications to producers and suppliers in equipment-intensive operations that include coal mining, road construction, quarrying, oil and gas exploration, refining, production, and supply. In addition, the company offers specified product design, selection, application, and support services. It provides its products under the Kennametal, WIDIA, WIDIA Hanita, and WIDIA GTD brands through its direct sales force; a network of independent and national chain distributors; integrated supplier channels; and value added resellers, as well as through the Internet. The company was founded in 1938 and is based in Pittsburgh, Pennsylvania.

Corporate Governance

Kennametal Inc.’s ISS Governance QualityScore as of August 1, 2017 is 2. The pillar scores are Audit: 2; Board: 5; Shareholder Rights: 4; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.