Kennametal Appoints Faisal Hamadi as President of Infrastructure Segment

By Tamara Parker • Wednesday, January 15 15:30 • Permanent Link

Kennametal Inc. (NYSE: KMT) has announced the appointment of Faisal Hamadi as President of the Company's Infrastructure segment, effective January 20, 2025. Hamadi, who currently serves as Vice President of Kennametal’s Value Creation Systems, will succeed Franklin Cardenas in this role.

Hamadi brings with him a wealth of experience, having spent 17 years at Eaton Corporation in progressively larger roles, culminating in his most recent position as the General Manager of a $600 million aerospace business with over 1,000 employees. His diverse background in commercial, operations, and general management positions him well to lead Kennametal's Infrastructure segment.

Kennametal's President and CEO, Sanjay Chowbey, expressed confidence in Hamadi's ability to drive operational excellence and deliver profitable growth within the Infrastructure segment. Chowbey also highlighted Hamadi's strategic thinking, customer focus, and continuous improvement experience as valuable assets for the company.

Notably, Hamadi's appointment comes at a time when Kennametal is striving to create shareholder value and improve its Infrastructure business. His existing responsibilities in Value Creation Systems will be combined with other roles at Kennametal, aligning business, operations, and continuous improvement efforts across the company.

As Kennametal looks to leverage its industrial technology leadership to deliver productivity to customers, the company's fiscal 2024 revenues amounted to $2 billion, with approximately 8,400 employees serving customers in nearly 100 countries across various sectors, including aerospace and defense, earthworks, energy, general engineering, and transportation.

With this leadership transition and strategic realignment, Kennametal aims to position itself for sustained growth and enhanced operational performance within its Infrastructure segment. The market has reacted to these announcements by moving the company's shares -0.1% to a price of $24.05. For the full picture, make sure to review Kennametal's 8-K report.

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