STOCK TITAN

Kennametal Appoints Faisal Hamadi as President of Infrastructure Segment

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
management

Kennametal (NYSE: KMT) has announced that Faisal Hamadi, currently Vice President of Value Creation Systems, will become President of the company's Infrastructure segment effective January 20, 2025, succeeding Franklin Cardenas. Hamadi joined Kennametal in July 2024 from Eaton , where he had 17 years of experience, most recently managing a $600 million aerospace business with over 1,000 employees.

CEO Sanjay Chowbey expressed confidence in Hamadi's strategic thinking, customer focus, and continuous improvement experience to grow and improve the Infrastructure business. Hamadi's current Value Creation Systems responsibilities will be integrated with existing roles at Kennametal. Cardenas will remain with the company through April 1, 2025, ensuring a smooth transition.

Kennametal (NYSE: KMT) ha annunciato che Faisal Hamadi, attualmente Vicepresidente dei Sistemi di Creazione di Valore, diventerà Presidente del segmento Infrastrutture dell'azienda a partire dal 20 gennaio 2025, succedendo a Franklin Cardenas. Hamadi è entrato in Kennametal nel luglio 2024 proveniente da Eaton, dove ha accumulato 17 anni di esperienza, gestendo più recentemente un business aerospaziale da 600 milioni di dollari con oltre 1.000 dipendenti.

Il CEO Sanjay Chowbey ha espresso fiducia nel pensiero strategico di Hamadi, nella sua attenzione al cliente e nella sua esperienza nel miglioramento continuo per far crescere e migliorare l'area Infrastrutture. Le attuali responsabilità di Hamadi nei Sistemi di Creazione di Valore saranno integrate con i ruoli esistenti in Kennametal. Cardenas rimarrà con l'azienda fino al 1° aprile 2025, assicurando una transizione fluida.

Kennametal (NYSE: KMT) ha anunciado que Faisal Hamadi, actualmente Vicepresidente de Sistemas de Creación de Valor, se convertirá en Presidente del segmento de Infraestructura de la empresa a partir del 20 de enero de 2025, sucediendo a Franklin Cardenas. Hamadi se unió a Kennametal en julio de 2024 proveniente de Eaton, donde tuvo 17 años de experiencia, gestionando más recientemente un negocio aeroespacial de 600 millones de dólares con más de 1.000 empleados.

El CEO Sanjay Chowbey expresó confianza en el pensamiento estratégico de Hamadi, su enfoque en el cliente y su experiencia en mejora continua para hacer crecer y mejorar el negocio de Infraestructura. Las responsabilidades actuales de Hamadi en Sistemas de Creación de Valor se integrarán con los roles existentes en Kennametal. Cardenas permanecerá en la empresa hasta el 1 de abril de 2025, asegurando una transición suave.

켄나메탈 (NYSE: KMT)는 파이잘 하마디가 현재 가치 창출 시스템 부사장에서 회사 인프라 부문의 사장으로 2025년 1월 20일부로 임명될 것이라고 발표했습니다. 하마디는 프랭클린 카르데나스의 후임으로 이직합니다. 하마디는 2024년 7월 이튼에서 17년의 경력을 가지고 켄나메탈에 합류했으며, 최근에는 1,000명 이상의 직원을 보유한 6억 달러의 항공 우주 사업을 관리했습니다.

CEO 산제이 초우베이는 하마디의 전략적 사고, 고객 중심 및 지속적 개선 경험을 통해 인프라 비즈니스를 성장시키고 향상시킬 수 있을 것이라는 믿음을 표현했습니다. 하마디의 현재 가치 창출 시스템 책임은 켄나메탈의 기존 역할과 통합될 것입니다. 카르데나스는 2025년 4월 1일까지 회사에 남아 원활한 전환을 보장할 것입니다.

Kennametal (NYSE: KMT) a annoncé que Faisal Hamadi, actuellement vice-président des systèmes de création de valeur, deviendra président du segment des infrastructures de l'entreprise à compter du 20 janvier 2025, succédant à Franklin Cardenas. Hamadi a rejoint Kennametal en juillet 2024 en provenance d'Eaton, où il avait 17 ans d'expérience, gérant plus récemment une entreprise aérospatiale de 600 millions de dollars comptant plus de 1 000 employés.

Le CEO Sanjay Chowbey a exprimé sa confiance dans la réflexion stratégique de Hamadi, son orientation client et son expérience en amélioration continue pour développer et améliorer le secteur des infrastructures. Les responsabilités actuelles de Hamadi dans les systèmes de création de valeur seront intégrées aux rôles existants chez Kennametal. Cardenas restera dans l'entreprise jusqu'au 1er avril 2025, garantissant une transition en douceur.

Kennametal (NYSE: KMT) hat angekündigt, dass Faisal Hamadi, derzeit Vizepräsident für Wertschöpfungssysteme, am 20. Januar 2025 Präsident des Infrastruktursegments des Unternehmens wird und damit Franklin Cardenas nachfolgt. Hamadi kam im Juli 2024 zu Kennametal und hatte zuvor 17 Jahre bei Eaton gearbeitet, wo er zuletzt ein Luftfahrtgeschäft im Wert von 600 Millionen Dollar mit über 1.000 Mitarbeitern leitete.

CEO Sanjay Chowbey äußerte Vertrauen in Hamadis strategisches Denken, Kundenfokus und Erfahrung in der kontinuierlichen Verbesserung, um das Infrastrukturgeschäft auszubauen und zu verbessern. Hamadis aktuelle Aufgaben im Bereich der Wertschöpfungssysteme werden mit den bestehenden Rollen bei Kennametal integriert. Cardenas bleibt bis zum 1. April 2025 im Unternehmen, um einen reibungslosen Übergang sicherzustellen.

Positive
  • Appointment of experienced executive with proven track record managing $600M business unit
  • Integration of Value Creation Systems with existing roles for improved operational efficiency
  • Structured transition period with outgoing president until April 2025
Negative
  • Leadership change could cause temporary disruption in Infrastructure segment

PITTSBURGH, Jan. 15, 2025 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that Faisal Hamadi, currently Vice President of Kennametal's Value Creation Systems, will succeed Franklin Cardenas as President of the Company's Infrastructure segment, effective January 20, 2025.

"I want to thank Franklin for his years of service and many contributions to Kennametal," said Sanjay Chowbey, President and CEO. "We wish him success in his future endeavors and appreciate his ongoing partnership with Faisal to ensure a seamless transition."

Hamadi joined Kennametal in July 2024 from Eaton Corporation where he had 17 years of experience in progressively larger roles. Most recently, he had P&L ownership as the General Manager of a $600 million aerospace business that served major airlines and OEMs globally and had more than 1,000 employees.

Chowbey said: "Faisal's diverse business experience in commercial, operations and general management will serve him well as the leader of our Infrastructure segment. He will be a critical partner in our journey to create shareholder value, and I am confident that his strategic thinking, customer focus, continuous improvement experience and collaborative approach will help us grow and improve our Infrastructure business."

Hamadi's existing Value Creation Systems responsibilities will be combined with existing roles at Kennametal, providing strong alignment between business, operations and continuous improvement efforts across the company.

Cardenas will remain with the company through April 1, 2025.

About Hamadi

As Vice President of Kennametal Inc. and President of the Infrastructure segment, Hamadi will be accountable for all aspects of the global business, including advancing the strategy, driving operational excellence and delivering profitable growth.

Hamadi is currently the Vice President, Value Creation Systems. He joined Kennametal in 2024, focused on implementing lean business systems as part of the Continuous Improvement Value Creation Pillar. Prior to joining Kennametal, Hamadi spent 17 years at Eaton Corporation in progressive roles, including Division Finance Manager, Product Manager, Sales Manager, Plant Manager and General Manager.

He holds a bachelor's degree in finance from Michigan State and a master's degree in finance from Johns Hopkins University. 

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 8,400 employees are helping customers in nearly 100 countries stay competitive. Kennametal generated $2 billion in revenues in fiscal 2024. Learn more at www.kennametal.com. Follow @Kennametal: Instagram, Facebook, LinkedIn and YouTube. 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/kennametal-appoints-faisal-hamadi-as-president-of-infrastructure-segment-302350671.html

SOURCE Kennametal Inc.

FAQ

When will Faisal Hamadi take over as President of KMT's Infrastructure segment?

Faisal Hamadi will assume the role of President of Kennametal's Infrastructure segment on January 20, 2025.

What was Faisal Hamadi's previous role before joining KMT?

Before joining Kennametal, Hamadi was at Eaton for 17 years, most recently managing a $600 million aerospace business with over 1,000 employees.

How long will Franklin Cardenas remain with KMT during the transition?

Franklin Cardenas will remain with Kennametal through April 1, 2025, to ensure a smooth transition.

What will happen to KMT's Value Creation Systems department after Hamadi's promotion?

Hamadi's Value Creation Systems responsibilities will be combined with existing roles at Kennametal, integrating business, operations, and continuous improvement efforts.

Kennametal Inc.

NYSE:KMT

KMT Rankings

KMT Latest News

KMT Stock Data

1.89B
76.69M
1.26%
117.99%
7.2%
Tools & Accessories
Machine Tools, Metal Cutting Types
Link
United States of America
PITTSBURGH