Carlos M. Cardoso was the CEO of Kennametal Inc. from January 2006 to December 2014. He took the lead after several roles within Kennametal, including Executive Vice President and Chief Operating Officer just a year before. Cardoso has a solid...

Current Market Cap

$2.20B

Number of Employees

8.74K

Total Compensation

2010 - 2014

Trending up by 196.71% last year
Showing total compensation for the last 2010 - 2014

Stock

Up by 0.00% last year

Salary

Down by -48.55% last year

Bonus

Up by 0.00% last year

Other

Down by -83.75% last year

Year

2014

Total Compensation

$3.00M

Salary

$500.00K

Board Justification

Kennametal's compensation philosophy emphasizes a pay-for-performance approach, aligning executive compensation with company performance and shareholder value.

Bonus

$0.00

Board Justification

The bonus structure for 2014 was based on individual performance and company performance metrics, but no bonus was paid out in 2014 due to performance results.

Other

$6.35K

Board Justification

Other compensation includes life insurance premiums and contributions to retirement plans, which are standard for executives.

Restricted Stock

$2.49M(1.24M Restricted Stock Units (RSUs) and Performance Stock Units (PSUs))

Board Justification

The vested stock includes restricted stock units and performance stock units that were earned based on the achievement of performance goals for the fiscal year 2014.

Performance Metrics

The performance metrics for determining compensation included Free Operating Cash Flow (FOCF), sales growth, and earnings per share (EPS) for the fiscal year.

SEC Filing

From September 17, 2015

Carlos M. Cardoso

Ex-CEO of Kennametal

CM

Education

Field of Expertise

Business & Management

Born

June 30, 1958 - 66 years ago

Is Founder?

No

Tenure

8 years 11 months (Jan 2006 - Dec 2014)

Previous Experience

President and Chief Executive Officer of the Company's Metalworking Solutions and Services Group; President, Pump Division, of Flowserve Corporation; Vice President and General Manager, Engine Systems and Accessories, of Honeywell International, Inc.