Kennametal Christopher Rossi the new CEO, De Feo as executive chairman
Kennametal Inc. has just announced that its board of directors has appointed Christopher (Chris) Rossi as president and chief executive officer and has named him a director. He succeeds Ron De Feo whom the board has appointed executive chairman of the board. Both appointments are effective 1 August 2017.
“With more than 30 years of leadership experience, Chris has delivered sustainable results across a breadth of functions including operations, marketing and sales, R&D, product management, supply chain and technology innovation,” said Lawrence W. Stranghoener, Kennametal chairman of the board of directors and added: “We expect Chris will bring continuity to the transformation presently underway at the company while evolving a strategy and vision for the future that will continue to deliver results for our customers, team members and shareholders.”
De Feo will work closely with Rossi to ensure a smooth transition for the company's stakeholders, it was noted.
Rossi previously served as the CEO of Dresser-Rand at Siemens from September 2015 through May 2017. Prior to that, he held numerous leadership positions at Dresser-Rand Group, its affiliates and predecessor companies since he joined in 1987, having the offices that include executive vice president of global operations, vice president of technology and business development and executive vice president of global aftermarket sales. Rossi holds a bachelor of science in mechanical engineering from Virginia Tech and an MBA in corporate finance and operations management from the University of Rochester´s Simon School of Business.
“I am excited to join a company with such well-respected brands and a legacy of continuous innovation and customer commitment,” commented Rossi.
“We look forward to the perspective Chris´ experience will bring to lead Kennametal into the next chapter of its transformation,” De Feo noted.