--- schema_version: "secwatch.filing_event.v1" accession: "0000055242-23-000044" form_type: "8-K" ticker: "KMT" cik: "0000055242" company_name: "KENNAMETAL INC" filed_at: "2023-10-26T23:59:59+00:00" generated_at: "2026-06-09T09:06:09.978130+00:00" event_type: "leadership" sentiment: "neutral" materiality_score: 0.35 calibrated_materiality_score: 0.35 confidence: "high" source: SEC EDGAR --- # Kennametal appoints William M. Lambert as Chairman, declares $0.20 quarterly dividend ## Summary - William M. Lambert becomes Chairman effective Nov 1, 2023, succeeding Lawrence Stranghoener who remains on board. - Quarterly dividend of $0.20 per share declared, payable Nov 21 to shareholders of record Nov 7. - All ten director nominees elected; PwC ratified as auditor with over 74M votes; say-on-pay approved. - Chairman succession is part of planned governance process; no change to board composition. ## SEC filing metadata - accession: 0000055242-23-000044 - form_type: 8-K - ticker: KMT - cik: 0000055242 - company_name: KENNAMETAL INC - filed_at: 2023-10-26T23:59:59+00:00 - event_type: leadership - sentiment: neutral - materiality_score: 0.35 - calibrated_materiality_score: 0.35 - confidence: high - sec_items: 5.02, 5.07, 8.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/55242/000005524223000044/0000055242-23-000044-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/55242/000005524223000044/kmt-20231024.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0000055242-23-000044 - JSON: https://secwatch.observer/filing/0000055242-23-000044.json - Plain text: https://secwatch.observer/filing/0000055242-23-000044.txt ## Key facts - Executive change William M. Lambert was appointed as Chairman of the Board at KENNAMETAL INC. - Action: appointed - Role: Chairman of the Board source text: On October 26, 2023, the Board of Directors (“Board”) of Kennametal Inc. (the “Company”) announced that Mr. William M. Lambert has been appointed Chairman of the Board to take effect on November 1, 2023, succeeding Lawrence W. Stranghoener... evidence_url: https://www.sec.gov/Archives/edgar/data/55242/000005524223000044/0000055242-23-000044-index.htm - Executive change Lawrence W. Stranghoener changed role as Chairman of the Board at KENNAMETAL INC. - Action: succeeded - Role: Chairman of the Board source text: succeeding Lawrence W. Stranghoener who held the position since July 1, 2018 evidence_url: https://www.sec.gov/Archives/edgar/data/55242/000005524223000044/0000055242-23-000044-index.htm - Shareholder Votes KENNAMETAL INC shareholders approved Advisory vote on executive compensation paid to the Company's named executive officers at the 2023-10-24 meeting. - Proposal: say on pay - Outcome: passed - Meeting: 2023-10-24 source text: III. The advisory vote on executive compensation paid to the Company's named executive officers, as disclosed in the Company's proxy statement, was approved on an advisory basis by the following vote: For Against Abstained Broker Non-Votes Executive compensation 71,671,535 1,207,619 120,550 2,828,892 evidence_url: https://www.sec.gov/Archives/edgar/data/55242/000005524223000044/0000055242-23-000044-index.htm - Shareholder Votes KENNAMETAL INC shareholders approved Ratification of the selection of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending June 30, 2024 at the 2023-10-24 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2023-10-24 source text: II. The ratification of the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending June 30, 2024 was approved by the following vote: For Against Abstained PricewaterhouseCoopers LLP 74,664,938 1,030,104 133,554 evidence_url: https://www.sec.gov/Archives/edgar/data/55242/000005524223000044/0000055242-23-000044-index.htm - Shareholder Votes KENNAMETAL INC shareholders approved Election of ten directors with terms to expire in 2024 at the 2023-10-24 meeting. - Proposal: director election - Outcome: passed - Meeting: 2023-10-24 source text: I. The ten directors listed below were elected to serve as directors until the next annual meeting of Shareowners in 2024 and until their successors are duly elected and qualified by the following vote: For Withheld Broker Non-Votes Joseph Alvarado 70,291,234 2,708,470 2,828,892 Cindy L. Davis 70,355,842 2,643,862 2,828,892 William J. Harvey 65,134,057 7,865,647 2,828,892 William M. Lambert 72,606,672 393,032 2,828,892 Lorraine M. Martin 72,592,131 407,573 2,828,892 Sagar A. Patel 72,504,637 495,067 2,828,892 Christopher Rossi 72,311,773 687,931 2,828,892 Paul Sternlieb 72,782,919 216,785 2,828,892 Lawrence W. Stranghoener 70,468,052 2,531,652 2,828,892 Steven H. Wunning 70,402,110 2,597,594 2,828,892 evidence_url: https://www.sec.gov/Archives/edgar/data/55242/000005524223000044/0000055242-23-000044-index.htm - Shareholder Votes KENNAMETAL INC shareholders approved Advisory vote on the frequency of future advisory votes on executive compensation at the 2023-10-24 meeting. - Proposal: say on pay frequency - Outcome: passed - Meeting: 2023-10-24 source text: IV. The advisory vote on the frequency of future advisory votes on executive compensation: For One Year For Two Years For Three Years Abstained Broker Non-Votes Frequency of future advisory votes on executive compensation 68,459,578 24,540 4,462,505 53,081 2,828,892 evidence_url: https://www.sec.gov/Archives/edgar/data/55242/000005524223000044/0000055242-23-000044-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.