Kennametal Board names new CEO

The board of directors of Kennametal appointed Donald (Don) A. Nolan as the company’s president, CEO and member of the board of directors, while electing William R. Newlin, lead director, to serve as chairperson of the board, both effective 17 November 2014. Carlos Cardoso’s retirement is effective Dec. 31, 2014.

Nolan has served Avery Dennison Corporation since 2008, most recently as president of the company’s USD 4.5B Materials Group. With the addition of Nolan, Kennametal’s board also includes eight independent directors.

Previously lead director on Kennametal’s board, Newlin is the chairperson of Newlin Investment Company. He has served as executive vice president and chief administrative officer for DICK’S Sporting Goods, and chairperson and CEO of Buchanan Ingersoll.

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