Kennametal names William M. Lambert as Chairman of the Board

PITTSBURGH, Oct. 26, 2023 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that its Board of Directors has unanimously appointed William M. Lambert as Chairman of the Board effective November 1, 2023. Lambert succeeds Lawrence W. Stranghoener, who is stepping down from the Chairman role after serving as either Chairman of the Board or Independent Lead Director since 2015.

This change is in line with the Company's overall corporate governance and succession planning process. The underlying composition of the Board is unaffected, and Stranghoener will remain on the Board of Directors and serve on its Audit Committee.

"Bill has been a valuable member of our board of directors since 2016 and is perfectly suited to step into the role of Chairman," said Stranghoener. "His extensive experience in global manufacturing, business strategy, product development and finance will serve the company well as we continue to advance our growth and innovation strategy to drive above market growth and margin expansion and deliver for our shareholders."

About Lambert
William (Bill) Lambert has been an independent director of the Kennametal Board since 2016 and has been chair of the Audit Committee since 2019. He is also a member of the Board of Directors of MSA Safety Incorporated ("MSA"), a global leader in the manufacture and supply of workplace safety products. He is the retired President and Chief Executive Officer of MSA, having served in this position from 2008 until May 2018.

Lambert has been a director on MSA's Board since 2007, holding the Chairman position from May 2015 through May 2020. He joined MSA in 1981 as a design engineer and over the years served the company in a variety of capacities of increasing responsibility.

Lambert previously served on the Board of Directors of EQT Corporation, a natural gas producer, from November 2018 through July 2019. He has achieved "Fellow" status with the National Association of Corporate Directors (NACD).

He holds a Bachelor's degree in Mechanical Engineering from Penn State University and a Master's degree in Industrial Administration from Carnegie Mellon University.

About Kennametal
With over 80 years as an industrial technology leader, Kennametal Inc. delivers productivity to customers through materials science, tooling and wear-resistant solutions. Customers across aerospace and defense, earthworks, energy, general engineering and transportation turn to Kennametal to help them manufacture with precision and efficiency. Every day approximately 8,700 employees are helping customers in nearly 100 countries stay competitive. Kennametal generated $2.1 billion in revenues in fiscal 2023. Learn more at Follow @Kennametal: X (formerly Twitter), Instagram, Facebook, LinkedIn and YouTube.

SOURCE Kennametal Inc.

You are about to add to your My Solutions page. Do you want to proceed?
Please adjust the following properties from

ISO Catalog Number

ANSI Catalog Number

to find similar products.

The following files are available

Please select a file to download


You should be logged to see your dashboard information
Session expired due to inactivity, please login again
The product/s () you were trying to add to the cart is/are not available, please contact customer service
item(s) successfully added to the cart
View Cart

. Please enter the desired qty for the material(s) you want to include in your promotion or Proceed Without Promotion and only your base materials will be added to the cart.

Minimum quantity should be

SAP Material Number ISO Catalog Number Grade    

Thank you for your registration, pending approval & completion of the registration, your access is currently limited. Full utilization of product search capabilities & collaboration space is available and will remain. Please allow 2 business days for registration completion.

Thank you for your successful registration. You now have immediate access to log in and utilize the site.

You are about to leave the Solution building process.

Are you sure you want to leave?