Kennametal turned to long time board member, since 2001, Ron DeFeo to replace outgoing president Donald Nolan, who left his position after a yearlong tenure, to pursue other interests.

The hire was viewed by Kennametal chairman Lawrence Stranghoener as “necessary” and emphasised the need for a change in leadership. “Ron is a highly experienced CEO who will bring much wisdom, experience and passion for Kennametal.”

“As a 14 year member of the Kennametal board, I know what the company and its people are capable of achieving” DeFeo said. “I’m excited about the potential embedded in Kennametal and with over 20 years of CEO experience, I am excited to get to work on behalf of Kennametal’s employees, customers and shareholders.”

Prior to taking up the mantle at Kennametal, DeFeo served as the senior vice president of J.I. Case Company., and managing director of Case Construction Equipment throughout Europe.