Exhibit 99.1
FOR IMMEDIATE RELEASE:
DATE: August 14, 2018
Media Relations
CONTACT: Lindsay Fennell
PHONE:724-539-4933
Investor Relations
CONTACT: Kelly Boyer
PHONE:412-248-8287
KENNAMETAL NAMES DAMON AUDIA CHIEF FINANCIAL OFFICER
PITTSBURGH, Pa., August 14, 2018 — Kennametal Inc. (NYSE: KMT) announced today that its board of directors has appointed Damon Audia to the position of vice president and chief financial officer effective September 24, 2018. Audia will succeed Jan Kees van Gaalen, who served as chief financial officer for three years and announced his retirement in June 2018.
Audia brings more than 25 years of financial expertise to the role, most recently serving as senior vice president and chief financial officer at Carpenter Technology Corporation, a global manufacturer of premium specialty alloys.
“We are very pleased to welcome Damon as our new CFO,” said Kennametal President and CEO Chris Rossi. “Damon’s deep expertise in operational finance and his proven track record of helping businesses grow while maximizing profitability make him uniquely qualified for this role. We look forward to him joining our leadership team and helping us execute on our growth, simplification and modernization plans.”
Prior to Audia’s role at Carpenter Technologies Corporation, he spent ten years in various roles at The Goodyear Tire and Rubber Company, most recently serving as senior vice president of finance for the company’s North America division. He also led the finance group of Goodyear’s Asia Pacific region business unit while based in Shanghai, China and was senior vice president of corporate
Kennametal Inc. | 600 Grant Street, Suite 5100 | Pittsburgh, PA 15219 |www.kennametal.com
