Carpenter Technology Corporation (CRS) announced the unexpected passing of its President and Chief Executive Officer, Brian J. Malloy, on July 24, 2026. To ensure leadership continuity, the Board of Directors has appointed former CEO Tony R. Thene to return to the role, effective July 26, 2026.
Key Details
- Leadership Change: President and CEO Brian J. Malloy passed away suddenly and unexpectedly on July 24, 2026.
- Successor Appointed: The Board appointed Tony R. Thene to return as Chief Executive Officer, President, and Chairman of the Board, effective July 26, 2026.
- Previous Tenure: Mr. Thene previously served as the company's CEO from 2015 through June 2026.