0000950123-11-022962.txt : 20110308 0000950123-11-022962.hdr.sgml : 20110308 20110308113015 ACCESSION NUMBER: 0000950123-11-022962 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20110302 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110308 DATE AS OF CHANGE: 20110308 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KENNAMETAL INC CENTRAL INDEX KEY: 0000055242 STANDARD INDUSTRIAL CLASSIFICATION: MACHINE TOOLS, METAL CUTTING TYPES [3541] IRS NUMBER: 250900168 STATE OF INCORPORATION: PA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05318 FILM NUMBER: 11670932 BUSINESS ADDRESS: STREET 1: 1600 TECHNOLOGY WAY STREET 2: P O BOX 231 CITY: LATROBE STATE: PA ZIP: 15650 BUSINESS PHONE: 7245395000 MAIL ADDRESS: STREET 1: 1600 TECHNOLOGY WAY STREET 2: PO BOX 231 CITY: LATROBE STATE: PA ZIP: 15650 8-K 1 l42099e8vk.htm FORM 8-K e8vk
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): March 2, 2011
Kennametal Inc.
(Exact name of registrant as specified in its charter)
         
Pennsylvania
(State or other jurisdiction
of incorporation)
  1-5318
(Commission File Number)
  25-0900168
(IRS Employer
Identification No.)
         
World Headquarters
1600 Technology Way
P.O. Box 231
Latrobe, Pennsylvania
      15650-0231
(Zip code)
(Address of principal executive offices)
Registrant’s telephone number, including area code:
(724) 539-5000
Not applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


 


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Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers.
On March 2, 2011, the Board of Directors (the “Board”) of Kennametal Inc. (the “Company”) elected William J. Harvey to serve as a Director of the Third Class, with a term to expire at the Company’s Annual Meeting of the Shareowners in October 2011. He will serve as a member of the Nominating / Corporate Governance Committee and the Compensation Committee.
Mr. Harvey is President of DuPont Packaging and Industrial Polymers, a multi-billion dollar global business unit of E. I. DuPont de Nemours & Company (NYSE: DD). DuPont is a global leader in science and innovation across a range of disciplines, including agriculture and industrial biotechnology, chemistry, biology, materials science and manufacturing.
Mr. Harvey is eligible to participate in all compensation plans applicable to non-employee members of the Board, as described in the Company’s definitive proxy statement filed on September 13, 2011. He is also entitled to reimbursement of reasonable out-of-pocket expenses incurred in connection with his service on the Board and his attendance at Board and Committee meetings.
Mr. Harvey entered into an Indemnification Agreement with the Company in the form previously approved by the Board. Under the Indemnification Agreement, a form of which was filed as Exhibit 10.2 to the Form 8-K filed by the Company on March 22, 2005 and is incorporated herein by reference, Mr. Harvey will be entitled to be held harmless and indemnified by the Company against liability other than for willful misconduct or recklessness. The Indemnification Agreement also provides for the advancement of expenses.
There are no arrangements or understandings between Mr. Harvey and any other person pursuant to which Mr. Harvey was appointed to the Board. Mr. Harvey has not entered into any transactions with the Company that are required to be disclosed pursuant to Item 404(a) of Regulation S-K.
A copy of the press release announcing the appointment of Mr. Harvey is furnished hereto as Exhibit 99.1. The information in the exhibit attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01. Financial Statements and Exhibits.
     (d) Exhibits.
     
Exhibit No.   Description
99.1
  Press release dated March 3, 2011

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SIGNATURES
     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
         
  KENNAMETAL INC.    
  Registrant
 
 
Date: March 8, 2011  By:   /s/ Kevin G. Nowe    
    Kevin G. Nowe   
    Vice President, Secretary and General Counsel   

4

EX-99.1 2 l42099exv99w1.htm EX-99.1 exv99w1
         
Exhibit 99.1
(KENNAMETAL LOGO)
FOR IMMEDIATE RELEASE:
DATE: March 3, 2011
Media Relations
CONTACT: Joy Chandler
PHONE: 724-539-4618
Investor Relations
CONTACT: Quynh McGuire
PHONE: 724-539-6559
Kennametal Appoints William J. Harvey to Board of Directors
LATROBE, Pa., March 3, 2011 — Kennametal Inc. (NYSE: KMT) announced today the appointment of William J. Harvey to its Board of Directors effective March 2, 2011.
Mr. Harvey is President — DuPont Packaging and Industrial Polymers, a multi-billion dollar global business unit of E.I. DuPont de Nemours & Company.
“We are very pleased to have William Harvey join our Board of Directors,” said Carlos Cardoso, Kennametal Chairman, President and CEO. “Bill brings a wealth of international experience to this position. His global experience and business acumen position him well to make an excellent contribution as a member of the Kennametal Board of Directors.”
Mr. Harvey earned an MBA from the University of Virginia Darden Graduate School of Business and a bachelor’s from Virginia Commonwealth University.
Kennametal Inc. (NYSE: KMT) delivers productivity to customers seeking peak performance in demanding environments by providing innovative custom and standard wear-resistant solutions. This proven productivity is enabled through our advanced materials sciences and application knowledge. Our commitment to a sustainable environment provides additional value to our customers. Companies operating in everything from airframes to coal mining, from engines to oil wells and from turbochargers to construction recognize Kennametal for extraordinary contributions to their value chains. In fiscal year 2010, customers bought approximately $1.9 billion of Kennametal products and services — delivered by our approximately 11,000 talented employees doing business in more than 60 countries — with more than 50 percent of these revenues coming from outside North America. Visit us at www.kennametal.com.
###
1600 Technology Way | Latrobe, PA 15650 USA | Tel: 724.539.5000 | www. kennametal.com

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