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Kadant Inc.
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News: KAI
Kadant Announces CEO Succession Plan
WESTFORD, Mass., Sept. 10, 2026 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) today announced that Michael C. Colwell will be appointed president and chief operating officer effective October 1, 2026 and president, chief executive officer and a director effective January 2, 2027, as part of a succession plan adopted by the board of directors. As part of the succession plan, Jeffrey L. Powell will continue to serve as president through September 30, 2026, and chief executive officer through January 2, 2027, at which time he will become executive chairman of the board of directors. Jonathan W. Painter, the Company's current chairman of the board of directors, will cease to serve as a director and the chairman of the board of directors on January 2, 2027.
Kadant Declares Cash Dividend
WESTFORD, Mass., Sept. 10, 2026 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.36 per share to be paid on November 12, 2026 to stockholders of record as of the close of business on October 15, 2026. Future declarations of dividends are subject to Board approval and may be adjusted as business needs or market conditions change.
Kadant Named to Newsweek's List of America's Greatest Companies 2026
WESTFORD, Mass., Sept. 08, 2026 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) has been named to Newsweek's list of America's Greatest Companies 2026, recognizing organizations that excel in financial performance, workplace culture, innovation, and sustainability.
KNOREX Expands AI-Driven Advertising Suite with the Launch of KAI Assist and XPO MCP Server Integration
ALLEN, Texas & SINGAPORE--(BUSINESS WIRE)--KNOREX, Ltd. ("KNOREX"; NYSE American: KNRX), a leading provider of AI-driven cross-channel programmatic advertising execution solutions, today announced the launch of KAI Assistsm within its flagship advertising management execution platform, KNOREX XPO. With complete rollout by the end of this month, KAI Assist introduces a conversational, natural language interface designed to streamline end-to-end digital advertising workflows—from campaign creatio.
BlackRock Inc. Makes New $565.21 Million Investment in Kadant Inc $KAI
BlackRock Inc. bought a new stake in Kadant Inc (NYSE: KAI) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 1,798,699 shares of the industrial products company's stock, valued at approximately $565,205,000. BlackRock Inc. owned approximately 15.23% of Kadant as of its most
Bank of America Corp DE Purchases 21,038 Shares of Kadant Inc $KAI
Bank of America Corp DE grew its position in shares of Kadant Inc (NYSE: KAI) by 21.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 118,248 shares of the industrial products company's stock after buying an additional 21,038 shares
Kadant Q2 Earnings Call Highlights
Kadant NYSE: KAI reported record second-quarter revenue, adjusted earnings and EBITDA for 2026, supported by acquisitions, organic growth and continued demand for aftermarket parts and services even as customers delayed some large capital-equipment commitments.
Kadant Inc. (KAI) Q2 2026 Earnings Call Transcript
Kadant Inc. (KAI) Q2 2026 Earnings Call Transcript
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