Leadership & Pay ·
Carpenter Technology Corporation announced the sudden death of President and CEO Brian J. Malloy on July 24, 2026
CRSCarpenter Technology Corp
Carpenter Technology Corporation announced the sudden death of President and CEO Brian J. Malloy on July 24, 2026. In response, the Board appointed Tony R. Thene as CEO, President, and Chairman, effective immediately. Thene previously served as CEO from 2015 through June 2026. This leadership transition is material as it involves the unexpected departure of the top executive and the appointment of a successor with significant prior experience at the company. Carpenter Technology Corporation operates in the specialty metals industry, manufacturing high-performance alloy materials for aerospace, defense, medical, and industrial applications.