Carpenter Technology’s Board of Directors Elects Tony Thene as Chairman and CEO
Carpenter Technology (NYSE: CRS) announced key leadership changes effective October 7, 2025. Current President and CEO Tony R. Thene will assume additional duties as Chairman of the Board, succeeding I. Martin Inglis who will not seek reelection after serving since 2003.
In parallel moves, Brian Malloy, currently Senior Vice President and COO, will be promoted to President and COO, while Steven M. Ward has been elected as Lead Independent Director. Under Thene's 10-year leadership, Carpenter Technology has transformed into a leading specialty materials solutions provider, focusing on safety, quality, and technology development.
Carpenter Technology (NYSE: CRS) ha annunciato importanti cambiamenti ai vertici con effetto dal 7 ottobre 2025. L'attuale Presidente e Amministratore Delegato Tony R. Thene assumerà anche la carica di Presidente del Consiglio di Amministrazione, succedendo a I. Martin Inglis, che non si ricandiderà dopo aver svolto il ruolo dal 2003.
Parallelamente, Brian Malloy, attualmente Senior Vice President e COO, sarà promosso a Presidente e COO, mentre Steven M. Ward è stato eletto Consigliere indipendente principale. Sotto la guida di Thene negli ultimi dieci anni, Carpenter Technology si è trasformata in un fornitore leader di soluzioni per materiali speciali, con un forte orientamento alla sicurezza, alla qualità e allo sviluppo tecnologico.
Carpenter Technology (NYSE: CRS) anunció cambios clave en su dirección con vigencia el 7 de octubre de 2025. El actual presidente y consejero delegado Tony R. Thene asumirá además la presidencia del consejo, en sustitución de I. Martin Inglis, quien no se presentará a la reelección tras ejercer el cargo desde 2003.
En paralelo, Brian Malloy, actualmente vicepresidente sénior y COO, será ascendido a presidente y COO, y Steven M. Ward ha sido elegido director independiente principal. Bajo la dirección de Thene durante diez años, Carpenter Technology se ha convertido en un proveedor líder de soluciones de materiales especiales, centrado en la seguridad, la calidad y el desarrollo tecnológico.
Carpenter Technology (NYSE: CRS)는 2025년 10월 7일부로 주요 경영진 변경을 발표했습니다. 현 사장 겸 최고경영자(CEO)인 Tony R. Thene가 이사회 의장직도 겸임하게 되며, 2003년부터 재임해온 I. Martin Inglis는 재선에 출마하지 않습니다.
동시에 현재 수석 부사장 겸 COO인 Brian Malloy는 사장 겸 COO로 승진하고, Steven M. Ward는 수석 독립 이사로 선출되었습니다. Thene의 10년간 리더십 아래 Carpenter Technology는 안전, 품질 및 기술 개발에 중점을 둔 특수 소재 솔루션의 선도기업으로 성장했습니다.
Carpenter Technology (NYSE: CRS) a annoncé des changements importants à sa direction, effectifs au 7 octobre 2025. L'actuel président et PDG Tony R. Thene assumera également la présidence du conseil d'administration, succédant à I. Martin Inglis, qui ne se représentera pas après avoir exercé depuis 2003.
Parallèlement, Brian Malloy, actuellement vice‑président principal et COO, sera promu président et COO, tandis que Steven M. Ward a été élu directeur indépendant principal. Sous dix ans de direction de Thene, Carpenter Technology s'est transformée en un fournisseur de premier plan de solutions pour matériaux spéciaux, axé sur la sécurité, la qualité et le développement technologique.
Carpenter Technology (NYSE: CRS) hat personelle Führungsänderungen mit Wirkung zum 7. Oktober 2025 bekanntgegeben. Der derzeitige President und CEO Tony R. Thene wird zusätzlich den Vorsitz des Aufsichtsrats übernehmen und folgt damit auf I. Martin Inglis, der nach Amtszeit seit 2003 nicht erneut kandidiert.
Parallel dazu wird Brian Malloy, derzeit Senior Vice President und COO, zum President und COO befördert, während Steven M. Ward zum leitenden unabhängigen Direktor gewählt wurde. Unter Thenes zehnjähriger Führung hat sich Carpenter Technology zu einem führenden Anbieter von Lösungen im Bereich Spezialwerkstoffe entwickelt, mit Fokus auf Sicherheit, Qualität und Technologieförderung.
- Tony Thene's proven 10-year track record of significant growth as CEO
- Internal succession planning demonstrates organizational stability
- Brian Malloy brings extensive industry and operational experience since 2015
- None.
PHILADELPHIA, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the “Company”) today announced the execution of succession plans for the Board of Directors.
Carpenter Technology’s Board of Directors has unanimously elected Tony R. Thene, current President and Chief Executive Officer, to assume the additional duties of Chairman of the Board, effective October 7, 2025, immediately before the commencement of the 2025 Annual Stockholders Meeting. For the last 10 years, Mr. Thene has served as President and Chief Executive Officer of Carpenter Technology and has been instrumental in leading significant growth. Under Mr. Thene’s leadership, the Company has transformed into a leading preferred solutions provider in specialty materials serving key growth markets, with a focus on safety, quality, technology development and continuous improvement across operations.
Mr. Thene succeeds I. Martin Inglis, who has informed the Board of Directors of his intention not to stand for reelection to the Board when his term expires at the 2025 Annual Stockholders Meeting. Mr. Inglis was elected Chairman of Carpenter Technology’s Board of Directors in 2021 and has served on the Board of Directors since 2003. The Company is sincerely grateful for Mr. Inglis’ contributions and leadership in his over 20 years of service.
In addition, Brian Malloy, currently Senior Vice President and Chief Operating Officer, has been promoted to President (succeeding Mr. Thene in that capacity) and Chief Operating Officer effective October 7, 2025. Mr. Malloy joined Carpenter Technology in August 2015 and has served in various Commercial and Operations leadership roles. Since joining Carpenter Technology, Mr. Malloy has leveraged his deep industry, marketing, operations and technical background to drive significant growth and improvement across areas including strategic marketing, technology innovation and operational excellence. He was most recently appointed Senior Vice President and Chief Operating Officer in December 2023.
Continuing the Board of Directors’ commitment to high quality corporate governance and effective Board leadership, Steven M. Ward has been elected to the position of Lead Independent Director, effective October 7, 2025, immediately before the commencement of the 2025 Annual Stockholders Meeting. Mr. Ward is currently the Chairperson of the Corporate Governance Committee of the Board of Directors and has served on the Carpenter Technology’s Board of Directors since 2001.
About Carpenter Technology
Carpenter Technology Corporation is a recognized leader in high-performance specialty alloy materials and process solutions for critical applications in the aerospace and defense, medical, transportation, energy, and industrial and consumer markets. Founded in 1889, Carpenter Technology has evolved to become a pioneer in premium specialty alloys including nickel, cobalt, and titanium and material process capabilities that solve our customers' current and future material challenges. More information about Carpenter Technology can be found at www.carpentertechnology.com.
| Investor Inquiries: John Huyette +1 610-208-2061 jhuyette@cartech.com | Media Inquiries: Heather Beardsley +1 610-208-2278 hbeardsley@cartech.com |
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