Kennametal Names Dawne Hickton and Richard Harshman to its Board of Directors
Rhea-AI Summary
Kennametal (NYSE: KMT) announced the election of Dawne S. Hickton and Richard J. Harshman to its Board of Directors, effective immediately. Hickton leads Cumberland Additive, an aerospace and defense-focused additive manufacturing business. Harshman is former Chairman, President and CEO of ATI and serves on two other public company boards.
Positive
- Two new directors elected to Kennametal’s Board, effective immediately
- Dawne S. Hickton adds aerospace, defense and additive manufacturing board-level experience
- Richard J. Harshman contributes prior Chairman, President and CEO experience at ATI and other public boards
Negative
- None.
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"Dawne and Rich bring outstanding executive leadership, public company board experience and deep knowledge of the industrial, materials, and aerospace and defense markets to our Board of Directors," said Sanjay Chowbey, President and CEO of Kennametal. "Their strategic, operational and financial expertise will strengthen our Board and help us continue to execute our strategy and create long-term value for shareholders."
William M. Lambert, outgoing Chairman of Kennametal's Board of Directors, added: "Dawne and Rich each have a proven record leading complex, global businesses. Their experience in governance, manufacturing and end markets are closely aligned with Kennametal and will be valuable to the Board and our management team."
About Hickton
Hickton is Chair, CEO and lead investor of Cumberland Additive, Inc., an additive manufacturing business with manufacturing locations in
Prior to Cumberland Additive, Hickton served as Executive Vice President of Jacobs and President of its Critical Mission Solutions business, which provided engineering design and support services for NASA, nuclear remediation and new-build work, and solutions for national security priorities in
Earlier in her career, Hickton served as Vice Chair, President and CEO of RTI International Metals, Inc., a global supplier of advanced titanium and specialty metals fabricated structural products for aerospace, defense and energy markets. RTI was acquired by Alcoa in 2015.
Hickton currently serves on the Board of Directors of Commercial Metals Company (CMC) and chairs the Board of Directors at Elevra Lithium. She has served on multiple public and private company boards, including Jacobs, Haynes International, Triumph Aerospace Group, Norsk Titanium AS and FNB Bank Corporation, and has also served as Director and Chair of the Federal Reserve Bank of
About Harshman
Harshman brings extensive executive leadership, financial and corporate governance experience, having spent more than four decades at ATI, Inc. and its predecessor companies. He served as Chairman, President and CEO of ATI from May 2011 to December 2018 and as Executive Chair of the Board from January to May 2019.
Harshman currently serves on the Board of Directors of PNC Financial Services Group Inc., where he chairs the Audit Committee and serves on the Human Resources and Nominating and Governance Committees. He also serves on the Board of Directors of Ameren Corporation, where he chairs the Audit and Risk Committee and serves on the Human Resources Committee.
During his career at ATI and its predecessor companies, Harshman held roles including Executive Vice President and CFO, Senior Vice President of Investor Relations and Corporate Communications, Vice President of Business Ethics and Compliance, and senior finance and operational finance roles across aerospace, electronics and specialty materials businesses.
Harshman holds a BSBA in Accounting from Robert Morris University and received a Certified Public Accounting certificate from the California State Board of Accountancy.
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 8,100 employees are helping customers in nearly 100 countries stay competitive. Kennametal generated
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SOURCE Kennametal Inc.