Kadant Names Michael McKenney Sr. VP & CFO, Succeeds Thomas O'Brien

Michael McKenney

March 26, 2015 - Kadant Inc. announced that Michael J. McKenney has been named Senior Vice President and Chief Financial Officer effective June 30, 2015, succeeding Thomas M. O’Brien, whose planned retirement as Chief Financial Officer was announced in September 2014.

McKenney, 53, is currently the Company’s Vice President, Finance and Chief Accounting Officer, and will be succeeded by Deborah S. Selwood, 46, who has been named Vice President and Chief Accounting Officer effective June 30, 2015. Selwood is currently the Company’s Corporate Controller.

McKenney, 53, has been the Company's Vice President, Finance and Chief Accounting Officer since 2002, and previously served as Corporate Controller from 1997 to 2002. He joined the Company in 1993 upon the acquisition of the AES water management business (now part of the Kadant Solutions Division) from Albany International Corp., where he had served as Controller of AES.

Selwood joined the Company in 2004 as Assistant Corporate Controller and was promoted to Corporate Controller in 2007. Prior to joining the Company, she was an auditor at Arthur Andersen LLP for ten years and the director of external reporting at Genuity Inc. for three years.

Both McKenney and Selwood are certified public accountants.

Kadant Inc. is a leading supplier to the global pulp and paper industry and process industries worldwide. The company's stock-preparation; fluid-handling; and doctoring, cleaning, and filtration products are designed to increase efficiency and improve quality in pulp and paper production. For more information, visit www.kadant.com..

SOURCE: Kadant Inc.