PITTSBURGH, PA, Jan 30, 2025 – Kennametal Inc. has announced the election of Douglas Dietrich to its Board of Directors, effective Feb 1, 2025. Dietrich is currently the executive chairman and CEO of Minerals Technologies, a publicly traded specialty minerals company.
“Doug brings over 30 years of business and industry experience, most recently driving transformative change at Minerals Technologies through his strategic, operational and financial leadership,” said Sanjay Chowbey, president & CEO of Kennametal. “We’re excited to welcome him to our Board and confident that his expertise and global perspective will be key to advancing our strategy and enhancing shareholder value.”
William M. Lambert, chairman of Kennametal’s Board of Directors, added: “Doug’s track record of delivering long-term growth through strategy, innovation and targeted M&A will be invaluable as we continue our transformational journey. We look forward to leveraging his insights and leadership as a member of our board.”
About Douglas T. Dietrich
Douglas T. Dietrich was elected Minerals Technologies Inc.’s (MTI) chairman of the board in March 2021. He has served as the chief executive officer of MTI since December 2016.
Dietrich has over 30 years of experience in the industrial goods, mining and metals manufacturing sector as well as significant expertise in engineering, management and operations.
Since joining MTI in 2007, Dietrich has held key management positions, including senior vice president, finance and treasury and chief financial officer with responsibility for the overall finance function, and vice president, corporate development and treasury where he led corporate strategy and M&A initiatives.
Prior to his tenure at MTI, Dietrich held several positions of increasing leadership responsibility at Alcoa Inc. These roles included vice president, Alcoa Wheel Products – Automotive Wheels; president, Alcoa Latin America Extrusions; general manager, Global Rod and Bar Products; and manager, business development and strategic global sourcing – Asia and Latin America.
Earlier in his career, Dietrich worked for Eaton Corporation and Westinghouse Electric Corporation where he held various positions in engineering and operations management.
He holds a Bachelor of Science degree in Mechanical Engineering from the University of Michigan and an MBA in Finance from The Wharton School at the University of Pennsylvania.
About Kennametal
Founded in 1938, Kennametal Inc. is a global leader in manufacturing high-performance cutting tools, tooling systems, and wear-resistant solutions. Headquartered in Pittsburgh, Pennsylvania, the company serves diverse industries, including aerospace, earthworks, energy, general engineering, and transportation. With approximately 8,700 employees operating in more than 60 countries, Kennametal generated $2.1 billion in revenue during fiscal year 2023. The company’s products are integral to various applications, such as machining components for aerospace, automotive parts, mining equipment, and oil and gas drilling tools. Kennametal’s commitment to materials science and innovation has established it as a trusted partner in enhancing productivity and precision across multiple sectors.
Source: Kennametal
