Kennametal names Don Nolan as new CEO

The board of directors of Kennametal has appointed Donald  A. Nolan as the company's president, chief executive officer (CEO) and member of the board.
The board of directors of Kennametal has appointed Donald A. Nolan as the company's president, chief executive officer (CEO) and member of the board.

Carlos Cardoso will retire at the end of the year

"In Don Nolan, we have selected a dynamic leader with deep expertise in materials and metallurgy and an excellent track record delivering growth and performance objectives," said Newlin.  "We expect Don to accelerate the company's growth with industry-leading customer engagement and innovation, while ensuring we have the right people, portfolio, cost structure and performance to serve Kennametal."

Nolan has worked in Avery Dennison Corporation since 2008, most recently as president of the company's US$4.5 billion materials group. Prior to that, he advanced in leadership roles at companies including Valspar Corporation, Loctite Corporation,and Ashland Chemical Company. Earlier in his career, Nolan held sales positions at General Electric Company and at Latrobe Steel, then a subsidiary of the Timken Company.

Board directors

Kennametal's board also includes eight independent directors: Cindy L. Davis, Philip A. Dur, Timothy R. McLevish, Lawrence W. Stranghoener, Ronald M. Defeo, William J. Harvey, William R. Newlin, and Steven H. Wunning. 

Previously lead director on Kennametal's board, Newlin is chairman of Newlin Investment Company LLC, and has served as executive vice president and chief administrative officer for DICK'S Sporting Goods, Inc, and chairman and chief executive officer of Buchanan Ingersoll.