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Stock Market & Financial Investment News

News Breaks
August 19, 2014
08:11 EDTKMTKennametal announces departure of CEO Carlos Cardoso
Kennameta announced that Chairman, President and CEO Carlos Cardoso has decided to retire from the company effective on December 31. This will be a seamless leadership transition as the company's board of directors commences its search for Cardoso's successor, which members expect to complete before the end of the year. The search process will consider both internal and external candidates.
News For KMT From The Last 14 Days
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November 17, 2014
09:52 EDTKMTKennametal CEO selection likely to be viewed positively, says Wells Fargo
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08:44 EDTKMTKennametal names Nolan as CEO to replace retiring Cardoso
The board of directors of Kennametal announced the appointment of Donald Nolan as the company's president, chief executive officer and member of the board of directors, while electing William Newlin, lead director, to serve as chairman of the board, both effective Nov. 17, facilitating a clear-cut, transparent transition of immediate effect. As previously announced, Carlos Cardoso's retirement is effective Dec. 31.
November 14, 2014
09:45 EDTKMTKennametal reports consolidated orders up 7% in three months end October
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