Carpenter Technology Corporation announced that Tony R. Thene will resign as CEO effective July 1, 2026, with Brian Malloy appointed as President and CEO and Mr. Thene as Executive Chairman on the same date. This leadership transition ensures continuity in strategy and operations.
Key takeaways
Tony R. Thene resigning as CEO effective July 1, 2026
Brian Malloy, current President and COO, appointed President and CEO effective July 1, 2026
Tony R. Thene appointed Executive Chairman effective July 1, 2026
Thene notified resignation on February 12, 2026
Malloy has 10 years at Company, previously COO since 2023
No family relationships or arrangements for Malloy's appointment