Ramin Younessi Joins Carpenter Technology’s Board of Directors
October 13 2021 - 5:09PM
Carpenter Technology Corporation (NYSE: CRS) announced today
that Ramin Younessi, who has over thirty years of progressive,
global business leadership in the industrial, commercial vehicle
and engine industry, has been appointed to the Company’s Board of
Directors, effective immediately.
Mr. Younessi served as Group President, Construction Industries
Group, of Caterpillar, Inc. before retiring in December 2020. As
Group President of Caterpillar’s Construction Industries Group, he
was responsible for Earthmoving, Excavation, Building Construction
Products, China Operations and Global Construction &
Infrastructure Divisions, Global Rental and Used Equipment
Services, and Strategic Procurement. Mr. Younessi joined
Caterpillar in 2013 and has also served as Caterpillar’s Group
President of Energy & Transportation and Vice President of
Industrial Power Systems. Prior to joining Caterpillar, Mr.
Younessi held a number of senior executive positions at Daimler AG
and Navistar Inc. In addition, Mr. Younessi has been a Senior
Advisor to Madison Dearborn Partners (MDP), a leading private
equity investment firm, and board member on several portfolio
companies since 2013.
Mr. Younessi holds a bachelor’s degree in Electrical Engineering
from Rochester Institute of Technology, a master's degree in
Electrical Engineering from Syracuse University and a master's
degree in Engineering Management from the University of
Maryland. Mr. Younessi is a registered professional engineer
in the state of Illinois and a member of SAE International.
“We welcome Ramin to Carpenter Technology’s Board of Directors.
Ramin brings over 30 years of commercial vehicle and engine
experience and we are confident that his technical, business and
leadership acumen will be significant benefit to Carpenter
Technology as we continue to expand our business and our highly
engineered, high performance solutions portfolio across a range of
end-use markets and applications,” said Martin Inglis,
Chairman 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:Heather Beardsley+1
610-208-2278hbeardsley@cartech.com
Investor Inquiries:The Plunkett GroupBrad Edwards+1
914-582-4187brad@theplunkettgroup.com
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