Kennametal Inc. Announces Retirement of Timothy R. Mclevish from the Board of Directors
December 11, 2019 at 09:43 am
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Kennametal Inc. announced that Timothy R. McLevish provided notice of his retirement from the Board of Directors effective as of January 1, 2020, due to other professional responsibilities. Mr. McLevish was appointed as Chief Financial Officer of Carrier, a leading global provider of HVAC, refrigeration, fire and security solutions, effective October 1, 2019. Mr. McLevish served as a member of the Company’s Board of Directors since 2004 and during his tenure, served as Chairman of the Audit Committee for over nine years, among other committee assignments. Upon Mr. McLevish’s retirement on January 1, 2020, the number of board members will be set at nine.
Kennametal Inc. is an industrial technology company, which serves customers across the aerospace and defense, earthworks, energy, general engineering and transportation end markets. The Company's segments include Metal Cutting and Infrastructure. The Metal Cutting segment develops and manufactures tooling and metal cutting products and services and offers an assortment of standard and custom metal cutting solutions to diverse end markets. The Metal Cutting segment offers products, including milling, hole making, turning, threading and toolmaking systems used in the manufacture of airframes, aero engines, trucks and automobiles, ships and various types of industrial equipment. The Infrastructure segment produces engineered tungsten carbide and ceramic components, earth-cutting tools, and advanced metallurgical powders, for the aerospace and defense, energy, earthworks and general engineering end markets. The Infrastructure segment markets its products under the Kennametal brand.