carpenter technology (CRS) Key Developments
Carpenter Technology Corp.(NYSE:CRS) added to Russell 2000 Index
Jun 30 15
Carpenter Technology Corp. will be added to Russell 2000 Index
Carpenter Technology Corp.(NYSE:CRS) dropped from Russell 1000 Index
Jun 29 15
Carpenter Technology Corp. will be removed from Russell 1000 Index.
Carpenter Technology Corp. to Begin Operation at New Superalloy Powder Facility in Alabama
Jun 26 15
Carpenter Technology Corporation announced that it will begin operation at its new superalloy powder facility in Alabama as part of a multi-level agreement with United Technologies Corporation's Pratt & Whitney division.
Carpenter Technology Corp. Announces Executive Changes
Jun 22 15
Carpenter Technology Corporation announced that Joseph (Joe) E. Haniford has been named Senior Vice President, Specialty Alloys Operations (SAO), effective, July 13. Mr. Haniford will provide executive leadership to a newly integrated SAO organization which has historically consisted of two functional structures - Commercial and Operations. He brings to Carpenter extensive leadership skills developed throughout his career which include shop floor experience as an engineer and maintenance superintendent, to ever-increasing roles in domestic and international businesses including multi-plant management, sales, marketing, and P&L roles. He has a proven track record of generating customer and shareholder value in distinct businesses serving the aerospace, transportation, industrial and metals markets. Andrew T. Ziolkowski, current Senior Vice President - Commercial SAO, will depart the organization on December 31, 2015. David L. Strobel, current Senior Vice President - Global Operations, has been named Senior VP & Chief Technology Officer, effective July 13, 2015. Joe joins from EnTrans International where he was responsible for all operations as the company's Chief Operating Officer (COO) and was a member of the Board of Directors. Prior to EnTrans International, Joe worked for Alcoa Inc. for more than 30 years in various executive leadership positions and had P&L accountability for multiple businesses during his career, most recently within the Alcoa Power and Propulsion business unit. Prior to that, Joe spent six years as President of Alcoa's Howmet Aluminum Castings, and he was Vice President and General Manager of the Forged & Cast Products business.
Carpenter Technology Corp. Announces Management Changes
Jun 2 15
Carpenter Technology Corporation announced that its Board of Directors has appointed Tony R. Thene as the company’s President, Chief Executive Officer and member of the Board of Directors, effective July 1, 2015. Thene succeeds Gregory A. Pratt who will remain on the Board of Directors with additional responsibilities as interim Executive Chairman of the Board. Thene currently serves as Senior Vice President and Chief Financial Officer of the company, where he has served since January 31, 2013. In his role as interim Executive Chair, Pratt will be responsible for developing the overall corporate strategy, and in conjunction with the President and Chief Executive Officer, providing leadership and building consensus in the development of the company’s overall strategic plan, capital markets activities and corporate development initiatives within the context of the corporate strategy. Serving the company for the second time as President and CEO over the past few months has been a great pleasure and a highlight of my career. Tim Lain, who joined the company in June, 2007 and is currently the company’s Vice President Controller and Chief Accounting Officer, will serve as acting Chief Financial Officer while a search is underway. Lain has had progressively responsible roles in the company’s financial organization since joining the company, and he has prior experience as the Audit Director for McGladrey & Pullen.