Julie A. Beck Joins Carpenter Technology’s Board of Directors

Rhea-AI Summary

Carpenter Technology (NYSE: CRS) has appointed Julie A. Beck to its Board of Directors, effective February 20, 2025, expanding the board to 12 members with 11 independent directors. Beck brings extensive financial leadership experience from major manufacturing companies, most recently serving as Senior Vice President and CFO of Terex , a global manufacturer of materials processing machinery.

Beck's previous roles include CFO positions at NOVA Chemicals and Joy Global's Mining Machinery subsidiary, where she also served as Global VP of Supply Chain, Operational Excellence, and Quality. She has significant board experience, having served on audit committees for several public companies and nonprofit boards. The appointment aims to leverage her manufacturing expertise and financial acumen to support Carpenter Technology's growth strategy and shareholder returns.

Positive

• Addition of experienced financial executive with extensive manufacturing industry background
• Strengthening of board oversight with expertise in finance and audit committee matters
• Maintains strong board independence with 11 of 12 directors being independent

Negative

• None.

PHILADELPHIA, Feb. 21, 2025 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) announced today that Julie A. Beck has been appointed to the Company’s Board of Directors, effective February 20, 2025. The Board of Directors now consists of 12 members, 11 of whom are independent directors.

Ms. Beck brings extensive experience in leading finance organizations at major manufacturing companies over the last three decades. Ms. Beck was most recently the Senior Vice President, Chief Financial Officer for Terex Corporation, a global manufacturer of materials processing machinery and aerial work platforms. Prior to her most recent role, Ms. Beck served as Senior Vice President and Chief Financial Officer for NOVA Chemicals. Prior to that, Ms. Beck served as Global Vice President of Supply Chain, Operational Excellence, and Quality for Joy Global, Inc, where she also held the role of Chief Financial Officer for the Joy Mining Machinery subsidiary. Previously, Ms. Beck served in various positions, including Chief Financial Officer, at both the Journal Register Company and Norwood Promotional Products, Inc. Ms. Beck started her career with Deloitte. Ms. Beck also has significant Board experience as she has served on the Audit Committee for several public companies and nonprofit boards in the past.

“We welcome Julie to Carpenter Technology’s Board of Directors. We are confident that her considerable experience in manufacturing, combined with her financial acumen, will be a significant benefit to Carpenter Technology as we continue on our growth journey and deliver shareholder returns,” said Martin Inglis, Chairman of the Board of Directors.  

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, and other 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.

Media Inquiries:	Investor Inquiries:
Heather Beardsley	John Huyette
+1 610-208-2278	+1 610 208-2061
hbeardsley@cartech.com	jhuyette@cartech.com

FAQ

When did Julie Beck join Carpenter Technology's (CRS) Board of Directors?

Julie Beck joined Carpenter Technology's Board of Directors effective February 20, 2025.

How many independent directors does Carpenter Technology (CRS) now have?

Carpenter Technology now has 11 independent directors out of a total of 12 board members.

What was Julie Beck's most recent position before joining CRS's board?

Julie Beck was most recently the Senior Vice President and Chief Financial Officer at Terex , a global manufacturer of materials processing machinery and aerial work platforms.

How will Julie Beck's appointment benefit Carpenter Technology (CRS)?

Beck's considerable experience in manufacturing and financial acumen is expected to benefit Carpenter Technology's growth journey and help deliver shareholder returns.