Cardoso has served as Kennametal president and CEO since January 2006, and was elected chairman two years later. He joined the company in April 2003 as president of its Metalworking Solutions and Services Group and subsequently was appointed executive vice president and chief operating officer.

"Carlos Cardoso has served well as a strong leader through an important time in the company's history," said Kennametal lead director William R Newlin, chairman of Newlin Investment LLC.  "We appreciate the efforts Carlos has made on behalf of the company and look forward to working together with him to achieve a smooth transition in leadership." 

Named one of America's "Best Chief Executive Officers" (Institutional Investor), Cardoso is immediate past chairman of the Manufacturers Alliance for Productivity and Innovation (MAPI); on the US Manufacturing Council; and on the board of the National Association of Manufacturers (NAM).