Carpenter Technology Names Shakthimani Logasundaram to Newly Created Position of Chief Digital Officer
November 15 2021 - 4:15PM
Carpenter Technology Corporation (NYSE: CRS) today announced
that Shakthimani “Shakthi” Logasundaram has joined the Company in
the role of Chief Digital Officer, effective November 15,
2021. In this newly created position of Chief Digital
Officer, Mr. Logasundaram will be responsible for developing and
executing the next phase of the Company’s end-to-end digital
strategy and value realization.
“Shakthi brings extensive experience and demonstrated ability in
leading digital acceleration and leveraging technology to improve
business outcomes,” said Tony R. Thene, President and CEO. “As we
are in the midst of a digital transformation, this newly created
position marks an important milestone in our digital journey. There
is significantly more incremental value to be unlocked by using
data and technology to generate new business opportunities, improve
customer experiences, enable increased flow and minimize
waste.”
Prior to joining Carpenter Technology, since 2017 Mr.
Logasundaram was Vice President & Chief Digital and Information
Officer of Honeywell’s Performance Materials and Technologies
segment, where he led an end-to-end technology transformation
journey focused on enabling revenue growth, operational
effectiveness and integrated data and processes. Prior to this
role, Mr. Logasundaram spent close to 20 years with GE where he
held various executive roles including most recently Vice President
– Chief Information Officer, Downstream Technology Solutions of GE
Oil & Gas. He brings a breadth of expertise leading
traditional and digital technology teams, as well as building and
executing on a digital strategy and related technology roadmaps to
drive long-term value.
Mr. Logasundaram earned a Bachelor of Engineering (Mechanical)
degree from Veermata Jijabai Technological Institute (VJTI) of
Mumbai and completed his Postgraduate Diploma in Advanced Computing
from the Centre for Development of Advanced Computing (CDAC) at
Pune, India. He is Six Sigma black belt trained. He also served on
the Board of Directors for PIDX (Petroleum Industry Data
Exchange).
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 |
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