Chowbey will be a member of Kennametal's executive leadership team and will report directly to CEO Rossi.
Latest In Kennametal
For the first nine months, sales totaled $1.5 billion, down 15% over the same period in 2019.
Fourth-quarter sales decreased 6.5% year-over-year.
Sales for the first nine months were up 2.9% year-to-year.
Dr. Carlonda Reilly to replace the retiring Dr. Robert Clemens as vice president and chief technology officer, effective September 6.
Damon Audia replaces the retiring Jan Kees van Gaalen, effective September 24.
Fourth-quarter sales increased 14 percent year-over-year.
Lawrence W. Stranghoener replaces the retiring Ronald De Feo as chairman of the board, effective July 1.
The company has engaged an external firm to assist in the search for a successor candidate.
Judith Bacchus named to Universal Stainless and Alloy Products board of directors.
Oleg Khaykin named to Avnet board; Lorraine Martin joins Kennametal board.
Year-to-date, sales were up 16.9 percent over last year.
Dragich and Port will take new roles on executive management team.
The company reported a profit of $39.6 million for the quarter.
Fourth-quarter sales increased 8.4 percent year-over-year.
Rossi succeeds Ron De Feo whom the board has appointed executive chairman of the board.
Year-to-date, sales were down 10.6 percent year-over-year.
