Posted June 15, 2018

Kennametal CFO to retire

Kennametal Inc. announced that vice president and chief financial officer Jan Kees van Gaalen will retire from the company in September 2018.

"Jan Kees has served the company well as CFO since 2015," said Christopher Rossi, president and CEO. "He was instrumental in helping improve the company's cost structure and driving the current strategy of simplification, growth and modernization while providing focus on strong operating cashflows, a conservative balance sheet and investment grade ratings."

"I want to thank Jan Kees for his contributions to the company and certainly wish him well with his future endeavors," he added.

van Gaalen joined the company in September 2015, and has served as vice president and chief financial officer since that time. The company has engaged an external firm to assist in the search for a successor candidate.