Kennametal India Limited, an ultimate subsidiary of Kennametal Inc., USA, announced the appointment of Kelly Marie Boyer as an Additional Non-Executive and Non Independent Director of the Company, effective May 11, 2022.
Kelly Marie Boyer is a Vice President, Investor Relations at Kennametal Inc., (Ultimate holding Company of Kennametal India Limited) a $1.8 billion multi-national company.
Boyer’s broad financial background specializing in corporate finance, M&A, treasury, and investor relations has been vital as Kennametal Inc. embarked on its current transformational multi-year margin improvement program. At the outset of her tenure as lead contact with shareholders, Kennametal Inc.’s share price increased over 200% over a period of 2 years, the statement said.
Boyer, who has spent the majority of her career with industrial companies, has a proven track record of making key contributions that increased shareholder value, reduced costs, and minimized risk. She has extensive experience in M&A, strategic planning, investor relations, treasury, risk management and ESG. She is an expert at maintaining liquidity and optimizing the balance sheet in every type of economic environment. She has closed over 25 deals, ranging in size up to $8 billion and totaling over $21 billion in her career. She is a highly experienced analyst, leader, communicator and negotiator.
Prior to joining Kennametal Inc.in 2016, through her consulting company, Kelly Boyer & Associates, Inc., Boyer was CFO for a public global technology company, and Vice President, Investor Relations and Treasurer for a global industrial services and commodity trading company. As a consultant, Boyer also secured financing for several clients, including $1 billion in acquisition financing for a global engineering and construction company. With her broad skill set ranging from strategic planning to treasury/corporate finance to M&A to investor relations, she has been instrumental in assisting companies develop and execute their long-term strategies. Another key highlight of Boyer’s career includes Treasurer of a multi-national generic pharmaceutical company, successfully financing a major growth initiative during the challenging economic environment of 2006 through 2009. She has worked across the entire spectrum of credit levels and has also worked extensively with private equity and investment banking firms.
Boyer served on the Board for the Pittsburgh Ballet Theatre for five years, focusing on establishing a solid financial base and strategic long-term plan for the organization. She has also served as corporate officer and sat on the Boards of subsidiaries of public companies during her tenure as Treasurer for a number of companies.
Boyer is a Chartered Financial Analyst (CFA) and holds a Bachelor of Commerce (B.Com.) from the University of Saskatchewan, with a double major in Finance and Economics.
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