PITTSBURGH, Jan. 30,
2025 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT)
today announced the election of Douglas
Dietrich to its Board of Directors, effective February 1, 2025. Dietrich is currently the
Executive Chairman and CEO of Minerals Technologies, a publicly
traded specialty minerals company.
"Doug brings over 30 years of business and industry experience,
most recently driving transformative change at Minerals
Technologies through his strategic, operational and financial
leadership," said Sanjay Chowbey,
President & CEO of Kennametal. "We're excited to welcome him to
our Board and confident that his expertise and global perspective
will be key to advancing our strategy and enhancing shareholder
value."
William M. Lambert, Chairman of
Kennametal's Board of Directors, added: "Doug's track record of
delivering long-term growth through strategy, innovation and
targeted M&A will be invaluable as we continue our
transformational journey. We look forward to leveraging his
insights and leadership as a member of our Board."
About Dietrich
Douglas T. Dietrich was elected
Minerals Technologies Chairman of the Board in March 2021. He has served as the Chief Executive
Officer of Minerals Technologies Inc. (MTI) since December 2016.
Dietrich has over 30 years of experience in the industrial
goods, mining and metals manufacturing sector as well as
significant expertise in engineering, management and
operations.
Since joining MTI in 2007, Dietrich has held numerous key
management positions, including Senior Vice President, Finance and
Treasury and Chief Financial Officer with responsibility for the
overall finance function, and Vice President, Corporate Development
and Treasury where he led Corporate Strategy and M&A
initiatives.
Prior to his tenure at MTI, Dietrich held several positions of
increasing leadership responsibility at Alcoa Inc. These roles
included Vice President, Alcoa Wheel Products - Automotive Wheels;
President, Alcoa Latin America Extrusions; General Manager, Global
Rod and Bar Products; and Manager, Business Development and
Strategic Global Sourcing – Asia
and Latin America.
Earlier in his career, Dietrich worked for Eaton Corporation and
Westinghouse Electric Corporation where he held various positions
in Engineering and Operations Management.
He holds a Bachelor of Science degree in Mechanical Engineering
from the University of Michigan and an
MBA in Finance from The Wharton School at the University of Pennsylvania.
About Kennametal
With over 85 years as an
industrial technology leader, Kennametal Inc. delivers productivity
to customers through materials science, tooling and wear-resistant
solutions. Customers across aerospace and defense, earthworks,
energy, general engineering and transportation turn to Kennametal
to help them manufacture with precision and efficiency. Every day
approximately 8,400 employees are helping customers in nearly 100
countries stay competitive. Kennametal generated $2 billion in revenues in fiscal 2024. Learn more
at www.kennametal.com. Follow @Kennametal: Instagram, Facebook,
LinkedIn and YouTube.
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SOURCE Kennametal Inc.