Carpenter Technology Corporation announced key leadership changes, with its Board of Directors unanimously electing Tony R. Thene, current President and Chief Executive Officer, to assume the additional duties of Chairman of the Board. This change is effective October 7, 2025, immediately before the 2025 Annual Stockholders Meeting.
Mr. Thene succeeds I. Martin Inglis, who will not stand for re-election to the Board after over 20 years of service, including as Chairman since 2021. Under Mr. Thene's 10-year leadership, Carpenter Technology has transformed into a preferred solutions provider in specialty materials, focusing on safety, quality, technology development, and continuous operational improvement.
Additionally, Brian Malloy, currently Senior Vice President and Chief Operating Officer, has been promoted to President and Chief Operating Officer, also effective October 7, 2025. Mr. Malloy joined the company in August 2015 and has held various commercial and operations leadership roles, driving significant growth and improvement. Steven M. Ward was elected Lead Independent Director, ensuring continued strong corporate governance.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.