Martin Inglis Named Chairman of Carpenter Technology’s Board of Directors; Greg Pratt Retires
October 12 2021 - 4:30PM
Carpenter Technology Corporation (NYSE: CRS) announced today that
the Board of Directors elected I. Martin Inglis to succeed Gregory
Pratt as Chairman of Carpenter Technology’s Board of Directors,
effective immediately. As planned, Mr. Pratt has retired as the
Chairman of the Board of Directors, a role Mr. Pratt has held since
2009. Mr. Pratt also served as interim President and Chief
Executive Officer of the Company in 2010 and 2015 and has been a
member of the Company’s Board of Directors since 2002.
Mr. Inglis has been a member of Carpenter Technology’s Board of
Directors since 2003 and has held the role of Chair of the
Audit/Finance Committee of the Board of Directors. Mr. Inglis’
experience includes serving as Executive Vice President and Chief
Operating Officer at Battelle, a research and development
enterprise headquartered in Columbus, Ohio where he retired in
2014. Prior to joining Battelle, Mr. Inglis retired as Group Vice
President, Business Strategy for Ford Motor Company, where he also
held various other executive leadership roles including Chief
Financial Officer.
“We are grateful for Greg’s contributions to Carpenter
Technology over the last nearly twenty years,” said Tony Thene,
Carpenter Technology’s President and Chief Executive Officer.
“Greg’s leadership and deep knowledge of our business as Chairman
of the Board over the last twelve years has been invaluable to the
Company. Greg has been critical in driving our strategy and growth.
We will surely miss his presence in the future.”
“We are excited that Martin will succeed Greg as our new
Chairman of the Board. Martin brings to the role substantial
experience with Carpenter Technology along with extensive expertise
in finance, operations and strategy execution. Martin has played a
significant role in the Company’s strategy development during his
years as a Board member and has a deep understanding of Carpenter
Technology’s operations and vision.”
The Company’s Board of Directors also appointed Charles “Chuck”
McLane, former Executive Vice President and Chief Financial Officer
of Alcoa Inc., and member of the Company’s Board of Directors since
October 2020, to the role of Chair of the Audit/Finance Committee
of the Board of Directors.
About Carpenter Technology
Carpenter Technology Corporation is a recognized leader in
high-performance specialty alloy-based materials and process
solutions for critical applications in the aerospace, defense,
transportation, energy, industrial, medical, and consumer
electronics markets. Founded in 1889, Carpenter Technology has
evolved to become a pioneer in premium specialty alloys, including
titanium, nickel, and cobalt, as well as alloys specifically
engineered for additive manufacturing (AM) processes and soft
magnetics applications. Carpenter Technology has expanded its AM
capabilities to provide a complete “end-to-end” solution to
accelerate materials innovation and streamline parts production.
More information about Carpenter Technology can be found
at www.carpentertechnology.com.
Media
Inquiries: |
Investor
Inquiries: |
Heather Beardsley |
The Plunkett Group |
+1 610-208-2278 |
Brad Edwards |
hbeardsley@cartech.com |
+1 914-582-4187 |
|
brad@theplunkettgroup.com |
Carpenter Technology (NYSE:CRS)
Historical Stock Chart
From Mar 2024 to Apr 2024
Carpenter Technology (NYSE:CRS)
Historical Stock Chart
From Apr 2023 to Apr 2024