Short answer
KENNAMETAL INC (KMT) filed an 8-K current report with the SEC on July 28, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers), Item EX-99.1 (Exhibit EX-99.1). Chairman William M. Lambert retiring from Kennametal’s Board after October 27, 2026 annual shareholder meeting.
KENNAMETAL INC 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Chairman William M. Lambert retiring from Kennametal’s Board after October 27, 2026 annual shareholder meeting
- Lambert’s departure ends Board service begun in March 2016 and chairmanship begun in October 2023
- Director Joseph Alvarado appointed successor, preserving leadership continuity from within the existing Board
- Alvarado brings former CMC chairman, president and CEO experience and has chaired Kennametal’s governance committee since 2023
Item EX-99.1 · Exhibit EX-99.1
- William M. Lambert retiring as Chairman and director after October 27, 2026 Annual Meeting
- Joseph Alvarado becoming independent Chairman effective October 28, 2026
- Leadership continuity supported by Alvarado’s Board service since 2018 and Governance Committee chairmanship since 2023
- Incoming Chairman brings industrial, manufacturing and capital-allocation experience from Commercial Metals Company
- Transition follows Kennametal’s transformation, leadership succession and portfolio actions under Lambert since 2023
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