During his tenure at Kennametal, Carlos M. Cardoso's wealth was closely tied to the company's stock performance. Notably, in 2010, his total compensation peaked at approximately $5.7 million, reflecting a good year for the company. His investments included significant equity...

During his tenure at Kennametal, Carlos M. Cardoso's wealth was closely tied to the company's stock performance. Notably, in 2010, his total compensation peaked at approximately $5.7 million, reflecting a good year for the company. His investments included significant equity positions, which he leveraged based on his long-term vision for Kennametal. However, as performance fluctuated over the years, so did his returns. By 2013, his compensation had dropped to about $3.5 million, with no bonuses awarded, as the company faced challenges in meeting financial goals. Despite fluctuations, his correlation with company performance showcases the risks and rewards inherent in executive positions. The value of his holdings and compensation reflected the ups and downs of Kennametal's market performance during that time.