Kennametal Announces President of Metal Cutting Segment

Rhea-AI Summary

Kennametal Inc. (NYSE: KMT) has appointed Sanjay Chowbey as President of Metal Cutting, effective June 14, 2021. Chowbey brings over 20 years of experience from companies like Flowserve and Danaher, enhancing the firm's strategic initiatives in Metal Cutting. Christopher Rossi, President and CEO, highlighted Chowbey's expertise in sales, marketing, and operations as vital for transforming the Metal Cutting segment and improving financial performance. Kennametal generated nearly $1.9 billion in revenues in fiscal 2020, serving clients in over 60 countries.

Positive

• Appointment of Sanjay Chowbey as President of Metal Cutting adds over 20 years of experience in global industrial operations.
• Chowbey's expertise in sales and marketing is expected to enhance Kennametal's strategic initiatives.
• The company generated nearly $1.9 billion in revenues in fiscal 2020, showcasing financial stability.

Negative

• None.

PITTSBURGH, May 20, 2021 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) today announced that effective June 14, 2021, Sanjay Chowbey will join the company as President, Metal Cutting. Chowbey comes to the company most recently from Flowserve, where he was President of Services and Solutions.

"Sanjay brings more than 20 years of experience in P&L roles for global industrial companies, like Flowserve and Danaher, making him well suited to continue the advancement of our Metal Cutting strategic initiatives," said Christopher Rossi, President and CEO.

Rossi added: "Sanjay will play a critical role in the ongoing transformation of the Metal Cutting business and execution of the current strategy. His considerable experience in sales, marketing and operations makes him the ideal person to lead the business as we work to leverage our newly modernized manufacturing processes to drive growth, share gain and improved financial performance throughout the economic cycle."

Chowbey will be a member of the company's Executive Leadership Team and will report directly to President and CEO, Christopher Rossi.

About Kennametal
With over 80 years as an industrial technology leader, Kennametal Inc. delivers productivity to customers through materials science, tooling and wear-resistant solutions. Customers across aerospace, earthworks, energy, general engineering and transportation turn to Kennametal to help them manufacture with precision and efficiency. Every day approximately 9,000 employees are helping customers in more than 60 countries stay competitive. Kennametal generated nearly $1.9 billion in revenues in fiscal 2020.

Learn more at www.kennametal.com.

Follow @Kennametal: Twitter, Instagram, Facebook, LinkedIn and YouTube. 

View original content:http://www.prnewswire.com/news-releases/kennametal-announces-president-of-metal-cutting-segment-301295732.html

SOURCE Kennametal Inc.

FAQ

Who is the new President of Metal Cutting at Kennametal?

Sanjay Chowbey has been appointed as the new President of Metal Cutting at Kennametal, effective June 14, 2021.

What experience does Sanjay Chowbey have?

Sanjay Chowbey brings over 20 years of experience from companies like Flowserve and Danaher, focusing on P&L roles in global industrial companies.

What is Kennametal's revenue figure for fiscal 2020?

Kennametal generated nearly $1.9 billion in revenues in fiscal 2020.

What will Sanjay Chowbey's role involve at Kennametal?

Chowbey will lead the transformation of the Metal Cutting business and execute strategic initiatives to drive growth and improved financial performance.