Senior VP & CFO Announces Departure from Carpenter
September 07 2012 - 7:00AM
Business Wire
Today, Carpenter Technology announced that K. Douglas Ralph, 52,
Carpenter’s Senior Vice President and Chief Financial Officer since
July 2007, will leave the company at the end of August 2013. Doug
and his wife, Maureen, have made the decision to move full-time to
South Carolina, where Doug will retire from the day-to-day
professional life that he has known for the past 30 years. “I am
fortunate to have the ability to make the personal decision to
leave the workforce early so as to enjoy other aspects of my life.
Working at Carpenter has been a great experience and I want to
ensure there is a smooth transition of my responsibilities before I
leave. While excited for my future, it is difficult to leave
Carpenter. I am leaving a great company that has a strong
leadership team, very talented and committed people, and
outstanding forward-growth opportunities,” commented Ralph.
"Doug has made outstanding contributions to the Carpenter team.
Doug has brought not only very strong financial leadership to
Carpenter, but also, strong strategic and managerial leadership,”
said Carpenter Chief Executive Officer Bill Wulfsohn. “His personal
commitment to the highest standards of accountability,
transparency, and integrity has helped us to set the tone for how
Carpenter does business today. While we will miss Doug, we are
happy for him as he moves forward into the next phase of his life.
I and the rest of the Carpenter team appreciate Doug's commitment
to ensure a smooth transition and are thankful for his many
outstanding contributions during his tenure."
Doug will continue in his current role through the hiring and
orientation of a new CFO, remaining with the company to support a
seamless transition. The company has begun a search to identify a
successor.
About Carpenter Technology
Carpenter Technology, based in Wyomissing, PA, produces and
distributes specialty alloys, including stainless steels, titanium
alloys and superalloys, and various engineered products.
Information about Carpenter can be found at www.cartech.com.
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