Chuck McLane Joins Carpenter Technology’s Board of Directors
October 15 2020 - 4:15PM
Carpenter Technology Corporation (NYSE: CRS) announced today that
Charles “Chuck” D. McLane, Jr., former Executive Vice President and
Chief Financial Officer, Alcoa Inc., has been appointed to the
Company’s Board of Directors, effective immediately. Mr. McLane
replaces Robert R. McMaster, who, as previously announced, retired
from the Board at the 2020 Annual Meeting of Stockholders. Mr.
McLane will serve on the Audit/Finance Committee and Strategy
Committee of the Board of Directors.
From 2007 to his retirement in 2013, Mr. McLane served as
Executive Vice President and Chief Financial Officer of Alcoa Inc.,
a global manufacturer of primary aluminum, fabricated aluminum, and
alumina products as well as non-aluminum engineered products
serving the aerospace, automotive, packaging, building and
construction, commercial transportation, oil and gas, defense,
consumer electronics, and industrial markets. Prior to being named
Chief Financial Officer, Mr. McLane held financial leadership roles
including Corporate Controller and Director – Investor Relations.
Mr. McLane joined Alcoa Inc. in 2000 following Alcoa’s acquisition
of Reynolds Metals Company where he held various accounting,
finance and treasury management positions.
Mr. McLane currently serves as a Trustee on the Board of
Virginia Commonwealth University School of Business Foundation and
is a member of the Board of Directors of Verity Pregnancy and
Medical Resource Center. From 2011 to 2019, Mr. McLane served as a
member of the National Board of Directors of Girl Scouts USA
including serving as Treasurer and Chair of the Finance
Committee.
“We are excited to welcome Chuck to Carpenter Technology’s Board
of Directors. With over 40 years of financial leadership experience
and proven capabilities, most notably in leading Alcoa through the
financial crisis of 2008 and 2009, Chuck will clearly be an asset
to Carpenter Technology. He brings significant industry experience
in large multinational materials manufacturing and deep financial
acumen which will prove invaluable as we continue to execute
against our long-term strategic vision and navigate near term
challenges associated with the global COVID-19 pandemic," said
Gregory A. Pratt, Chairman of the Board.
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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