Kennametal Management

Management criteria checks 3/4

Kennametal's CEO is Chris Rossi, appointed in Aug 2017, has a tenure of 6.75 years. total yearly compensation is $6.73M, comprised of 15.1% salary and 84.9% bonuses, including company stock and options. directly owns 0.42% of the company’s shares, worth €7.63M. The average tenure of the management team and the board of directors is 4.3 years and 7 years respectively.

Key information

Chris Rossi

Chief executive officer

US$6.7m

Total compensation

CEO salary percentage	15.1%
CEO tenure	6.8yrs
CEO ownership	0.4%
Management average tenure	4.3yrs
Board average tenure	7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Chris Rossi's remuneration changed compared to Kennametal's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	US$122m
Sep 30 2023	n/a	n/a	US$120m
Jun 30 2023	US$7m	US$1m	US$118m
Mar 31 2023	n/a	n/a	US$124m
Dec 31 2022	n/a	n/a	US$127m
Sep 30 2022	n/a	n/a	US$137m
Jun 30 2022	US$6m	US$971k	US$145m
Mar 31 2022	n/a	n/a	US$138m
Dec 31 2021	n/a	n/a	US$124m
Sep 30 2021	n/a	n/a	US$112m
Jun 30 2021	US$6m	US$855k	US$54m
Mar 31 2021	n/a	n/a	US$10m
Dec 31 2020	n/a	n/a	-US$8m
Sep 30 2020	n/a	n/a	-US$34m
Jun 30 2020	US$5m	US$858k	-US$6m
Mar 31 2020	n/a	n/a	US$65m
Dec 31 2019	n/a	n/a	US$131m
Sep 30 2019	n/a	n/a	US$192m
Jun 30 2019	US$5m	US$889k	US$242m
Mar 31 2019	n/a	n/a	US$248m
Dec 31 2018	n/a	n/a	US$231m
Sep 30 2018	n/a	n/a	US$218m
Jun 30 2018	US$6m	US$779k	US$200m

Compensation vs Market: Chris's total compensation ($USD6.73M) is above average for companies of similar size in the German market ($USD1.63M).

Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.

CEO

Chris Rossi (59 yo)

6.8yrs

Tenure

US$6,729,013

Compensation

Mr. Christopher Rossi, also known as Chris, serves as President, Chief Executive Officer and Director at Kennametal Inc. since May 2022. He had been Chief Executive Officer, President and Director at Kenna...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Christopher Rossi	President	6.8yrs	US$6.73m	0.42% $ 7.6m
Patrick Watson	VP of Finance & CFO	1.9yrs	US$1.03m	0.032% $ 575.3k
Michelle Keating	VP, Secretary & General Counsel	7.4yrs	US$1.16m	0.057% $ 1.0m
Franklin Cardenas	VP & President of Infrastructure Business Segment	4.3yrs	US$1.62m	0.048% $ 870.8k
Sanjay Chowbey	VP & President of Metal Cutting Business Segment	2.9yrs	US$1.63m	0.027% $ 496.2k
Carlonda Reilly	VP & CTO	5.7yrs	no data	0.045% $ 804.5k
Judith Bacchus	VP & Chief Administrative Officer	5yrs	US$1.32m	0.073% $ 1.3m
Michael Pici	Vice President of Investor Relations	1.3yrs	no data	no data
Lori Lecker	Vice President of Corporate Relations & Communications	no data	no data	no data
John Witt	VP of Finance & Corporate Controller	1.9yrs	no data	0.0017% $ 30.5k

4.3yrs

Average Tenure

54.5yo

Average Age

Experienced Management: KM3's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Christopher Rossi	President	2yrs	US$6.73m	0.42% $ 7.6m
Steven Wunning	Independent Director	2yrs	US$230.06k	0.095% $ 1.7m
William Lambert	Independent Chairman of the Board	8.3yrs	US$248.06k	0.076% $ 1.4m
Lawrence Stranghoener	Independent Director	21.3yrs	US$330.06k	0.024% $ 435.7k
Joseph Alvarado	Independent Director	6.3yrs	US$230.06k	0.023% $ 418.1k
Lorraine Martin	Independent Director	2yrs	US$230.06k	0.039% $ 699.8k
William Harvey	Independent Director	13.2yrs	US$240.06k	0.043% $ 784.9k
Cynthia Davis	Independent Director	11.5yrs	US$245.06k	0.019% $ 341.2k
Paul Sternlieb	Independent Director	1.3yrs	US$115.08k	0.0011% $ 19.5k
Sagar Patel	Independent Director	7.7yrs	US$230.06k	0.0088% $ 158.8k

7.0yrs

Average Tenure

63yo

Average Age

Experienced Board: KM3's board of directors are considered experienced (7 years average tenure).

Kennametal Management

Management criteria checks 3/4

Key information

Recent management updates

Kennametal Inc. Announces CEO Changes

Kennametal Inc. Announces Chairman of the Board Changes

Independent Director recently sold €273k worth of stock

Kennametal Inc., Annual General Meeting, Oct 24, 2023

Kennametal Inc. Appoints Paul Sternlieb to the Audit Committee of the Board

Kennametal Names Paul Sternlieb to Board of Directors, Effective January 1, 2023

Recent updates

Kennametal Inc. to Report Q3, 2024 Results on May 08, 2024

Kennametal Inc. Announces CEO Changes

Second quarter 2024 earnings released: EPS: US$0.29 (vs US$0.27 in 2Q 2023)

Kennametal Inc. (NYSE:KMT) announces an Equity Buyback for $200 million worth of its shares.

Kennametal Inc. Provides Earnings Guidance for the Third Quarter and Full Year of 2024

First quarter dividend of US$0.20 announced

Kennametal Inc. Declares Quarterly Cash Dividend, Payable on February 27, 2024

Kennametal Inc. to Report Q2, 2024 Results on Feb 07, 2024

New FV Geometry by Kennametal Inc. Features Innovative Chip Breaker Design

First quarter 2024 earnings released: EPS: US$0.38 (vs US$0.35 in 1Q 2023)

Kennametal Inc. Announces Chairman of the Board Changes

Kennametal Inc. to Report Q1, 2024 Results on Nov 01, 2023

Independent Director recently sold €273k worth of stock

Kennametal Inc., Annual General Meeting, Oct 24, 2023

Kennametal Inc. Declares A Quarterly Cash Dividend, Payable on August 22, 2023

Full year 2023 earnings released: EPS: US$1.47 (vs US$1.74 in FY 2022)

Kennametal Inc. to Report Q4, 2023 Results on Aug 01, 2023

Now 20% undervalued after recent price drop

Third quarter 2023 earnings released: EPS: US$0.40 (vs US$0.42 in 3Q 2022)

Kennametal Inc. Provides Consolidated Earnings Guidance for the Third Quarter and Full Year 2023

Second quarter 2023 earnings released: EPS: US$0.27 (vs US$0.38 in 2Q 2022)

Kennametal Inc. Provides Consolidated Earnings Guidance for the Third Quarter and Full Year 2023

Kennametal Inc. Appoints Paul Sternlieb to the Audit Committee of the Board

Kennametal Inc. to Report Q2, 2023 Results on Feb 06, 2023

Kennametal Names Paul Sternlieb to Board of Directors, Effective January 1, 2023

Kennametal Names Paul Sternlieb to Board of Directors, Effective January 1, 2023

Kennametal Introduces Next-Level Innovations

First quarter 2023 earnings released: EPS: US$0.35 (vs US$0.43 in 1Q 2022)

Kennametal Inc. Provides Earnings Guidance for the Second Quarter and Full Fiscal Year 2023

Kennametal Inc. to Report Q1, 2023 Results on Oct 31, 2022

Kennametal Inc., Annual General Meeting, Oct 25, 2022

Full year 2022 earnings released: EPS: US$1.74 (vs US$0.65 in FY 2021)

Kennametal Inc. Declares Quarterly Cash Dividend, Payable on August 23, 2022

Kennametal Inc. to Report Q4, 2022 Results on Aug 01, 2022

Kennametal Inc.(NYSE:KMT) dropped from Russell 2000 Dynamic Index

Kennametal Announces Executive Changes

Independent Director recently bought €911k worth of stock

Kennametal Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year 2022

Third quarter 2022 earnings released: EPS: US$0.42 (vs US$0.26 in 3Q 2021)

Insufficient new directors

Kennametal Inc. to Report Q3, 2022 Results on May 02, 2022

Independent Director recently bought €26k worth of stock

Second quarter 2022 earnings: EPS in line with expectations, revenues disappoint

Kennametal Inc. Declares Quarterly Cash Dividend, Payable on March 1, 2022

First quarter 2022 earnings released: EPS US$0.43 (vs US$0.26 loss in 1Q 2021)

Kennametal Inc. Provides Earnings Guidance for the First Quarter and Full Year of Fiscal 2022

Full year 2021 earnings released: EPS US$0.65 (vs US$0.068 loss in FY 2020)

Kennametal Inc. Provides Earnings Guidance for the Fourth Quarter of 2021

Third quarter 2021 earnings released: EPS US$0.26 (vs US$0.035 in 3Q 2020)

Kennametal Inc. Declares Cash Dividend for the Second Quarter Ended December 31, 2020, Payable on May 25, 2021

VP & Chief Administrative Officer recently sold €88k worth of stock

Second quarter 2021 earnings released: EPS US$0.23 (vs US$0.071 loss in 2Q 2020)

Revenue beats expectations

New 90-day high: €33.40

Kennametal Inc. to Report Q2, 2021 Results on Feb 01, 2021

New 90-day high: €32.20

New 90-day high: €31.40

New 90-day high: €30.20

First quarter 2021 earnings released: US$0.26 loss per share

Revenue beats expectations

Kennametal Inc. to Report Q1, 2021 Results on Nov 02, 2020

Kennametal Inc. Announces Executive Changes

An unknown buyer acquired Madison Manufacturing Facillity of Kennametal Inc. (NYSE:KMT).

Kennametal Inc. to Report Q4, 2020 Results on Aug 03, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team