Kennametal announced that William M. Lambert will retire as Chairman at the conclusion of the annual meeting on October 27, 2026, and Joseph Alvarado has been appointed as his successor.
| IndividualWilliam M. LambertJoseph Alvarado | RoleChairman of the BoardChairman of the Board (successor); Director; Chair, Nominating/Corporate Governance Committee | Type of ChangeRetirementAppointment | Effective DateOctober 27, 2026 (at conclusion of annual shareholder meeting)Effective upon Mr. Lambert's retirement (October 27, 2026) | ReasonRetirement (provided notice of intention to retire)Board appointment as successor to retiring Chairman | Replacement InfoReplaced by Joseph AlvaradoN/A | Background DetailsBoard member since March 2016; Chairman since October 2023Retired Chairman, President & CEO of Commercial Metals Company; extensive senior leadership roles at CMC and other steel companies; MBA, Johnson School, Cornell; BA Economics, University of Notre Dame | Board/Committee Role ChangesWill vacate Chairman roleWill assume Chairman role; has served as chair of the Nominating/Corporate Governance Committee since 2023 |
Original SEC Filing:
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