Kennametal names David Bersaglini President of Metal Cutting; declares $0.20 dividend

KENNAMETAL INC

David Bersaglini appointed VP and President of Metal Cutting segment effective Aug 26, 2024.
Bersaglini joins from Copeland (Emerson spin-off) where he led Global Refrigeration.
Lawrence Stranghoener will not stand for re-election, retiring from board at Oct 2024 annual meeting.
Quarterly dividend declared at $0.20 per share, payable Aug 27, 2024 to holders of record Aug 13.
Bersaglini reports to CEO Sanjay Chowbey and joins Executive Leadership Team.

item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Lawrence W. Stranghoener

Director

KMT · KENNAMETAL INC

Filed: August 5, 2024, 7:59 PM ET

Lawrence W. Stranghoener provided notice to the Company that he does not intend to run for re-election to the Board at the Annual Meeting of Shareowners to be held in October 2024. He will retire from the Board at the end of that meeting.

Appointed

C. David Bersaglini

Vice President and President, Metal Cutting Business Segment

KMT · KENNAMETAL INC

Effective: 2024-08-26
Filed: August 5, 2024, 7:59 PM ET

elected C. David Bersaglini to serve as Vice President and President, Metal Cutting Business Segment effective on or about August 26, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Lawrence W. Stranghoener departed as Director at KENNAMETAL INC.

Action: not stand for re-election, retire
Role: Director

Exact text from the filing

Lawrence W. Stranghoener provided notice to the Company that he does not intend to run for re-election to the Board at the Annual Meeting of Shareowners to be held in October 2024. He will retire from the Board at the end of that meeting.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

C. David Bersaglini was appointed as Vice President and President, Metal Cutting Business Segment at KENNAMETAL INC.

Action: appointed
Role: Vice President and President, Metal Cutting Business Segment

Exact text from the filing

elected C. David Bersaglini to serve as Vice President and President, Metal Cutting Business Segment effective on or about August 26, 2024.

View on SEC.gov

KENNAMETAL INC filing history →

Source: SEC EDGAR

accession 0000055242-24-000047

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