Shelley Bausch Strengthens Kennametal Board Leadership
Shelley Bausch Joins Kennametal Board of Directors
Kennametal Inc. (NYSE: KMT) is excited to announce the election of Shelley Bausch to its Board of Directors. This significant decision underscores the company's commitment to enhancing its leadership team with proven experience. Bausch will be stepping into the role left by Cindy L. Davis, who has been a reliable presence on the Board since November 2012.
A Wealth of Experience
Bausch brings a remarkable 30-year track record in global manufacturing to her new role. She recently served as the President of Global Industrial Coatings at Axalta, a recognized leader in the coatings sector. While at Axalta, she was instrumental in steering innovations within Industrial Coatings, which encompass essential sectors such as energy solutions and powder coatings.
Making Strategic Moves
William M. Lambert, the Chairman of Kennametal's Board, expressed enthusiasm regarding Bausch's induction. Lambert stated, "Shelley has an impressive track record... she is an excellent addition to our Board of Directors." This serves to highlight the high expectations placed on Bausch as she begins contributing to the Board's initiatives.
Gratitude for Service
In his remarks, Lambert also acknowledged the significant contributions of Cindy L. Davis to Kennametal during her tenure. He noted, "We are a better company thanks to her leadership and many contributions..." Recognizing the transitions within the Board is important as it reflects the evolving needs of Kennametal in the fast-paced industrial sector.
Strategic Vision for the Future
Sanjay Chowbey, President & CEO of Kennametal, commented on Bausch's skill set: "Shelley has a compelling mix of expertise... I am confident that she will help us drive results." Her experience in strategic execution and P&L leadership positions her well to contribute to the company's strategic objectives and shareholder value.
About Shelley Bausch
As the recently retired head of Axalta's Global Industrial Coatings division, Bausch's leadership experience is extensive. She previously managed the Asia Pacific region and the Fluid Technologies business at Carlisle Companies Inc. This diverse background in the industrial manufacturing space equips her with unique insights into operational and strategic challenges.
Building upon Success
Bausch’s career also includes significant roles at PPG and Dow Corning Corporation, where she honed her leadership capabilities. Her global experience, particularly her years spent in Shanghai, China, adds a vital perspective to her role at Kennametal.
A Commitment to Corporate Governance
Currently, Bausch is serving on the board of GATX Corporation, reinforcing her commitment to sound corporate governance. Her roles on the Audit and Governance Committees there demonstrate her ability to navigate complex regulatory environments effectively.
Educational Background
Bausch earned a B.S. in Business Administration, summa cum laude, from Alma College, followed by an M.B.A. from the University of Michigan – Flint. Her impressive academic qualifications complement her professional experiences, further enhancing her suitability for the Kennametal Board.
About Kennametal
With a legacy spanning over 85 years, Kennametal Inc. stands as a leader in industrial technology, dedicated to delivering productivity through innovative materials science and tooling solutions. The company serves a diverse range of industries, including aerospace, defense, energy, and general engineering, helping clients achieve precision and efficiency. Kennametal employs approximately 8,400 individuals in nearly 100 countries. In fiscal 2024, the company generated $2 billion in revenues, showcasing its significant footprint in the market. For more information, visit Kennametal's official website or follow their updates on social media platforms.
Frequently Asked Questions
Who is Shelley Bausch?
Shelley Bausch is the newly elected Board member of Kennametal, with extensive experience in global manufacturing.
What position did Shelley Bausch hold before joining Kennametal?
She was the President of Global Industrial Coatings at Axalta.
What did the Chairman of Kennametal say about Bausch?
William M. Lambert praised her impressive track record and leadership skills.
How long did Cindy L. Davis serve on the Kennametal Board?
Cindy L. Davis served on the board for 13 years before retiring.
What industries does Kennametal serve?
Kennametal serves various industries, including aerospace, defense, energy, and general engineering.
About The Author
Contact Ryan Hughes privately here. Or send an email with ATTN: Ryan Hughes as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.