People: Kennametal Inc (KMT.N)
17 Aug 2017
Mr. Ronald M. DeFeo has been appointed as Chairman of the Board of Kennametal Inc. Mr. DeFeo serves as the Chairman of the Board and Chief Executive Officer of Terex Corporation (a global manufacturer of machinery and industrial products), positions he has held since March 1998 and March 1995, respectively. From October 1993 through December 2006, Mr. DeFeo was also the President and Chief Operating Officer of Terex. He joined Terex in 1992 as the President of the Heavy Equipment Group and later assumed responsibility for Terex’s former Clark Material Handling Company subsidiary. Before joining Terex, Mr. DeFeo was a Senior Vice President of J.I. Case Company, the former Tenneco farm and construction equipment division and also served as a Managing Director of Case Construction Equipment throughout Europe. While at J.I. Case Company, Mr. DeFeo was also Vice President of North American Construction Equipment Sales and General Manager of Retail Operations. Mr. DeFeo holds a bachelor’s of arts degree in Economics and Philosophy from Iona College.
|Total Annual Compensation, USD||1,159,700|
|Restricted Stock Awards, USD||558,473|
|Long-Term Incentive Plans, USD||--|
|All Other, USD||570,717|
|Fiscal Year Total, USD||2,288,890|