Carpenter Technology announced the appointment of Kenneth J. Giacobbe to its Board of Directors, effective August 11, 2026. The company also disclosed that director Howard Yu will step down on October 6, 2026, and director Colleen Pritchett will not seek re-election. Mr. Giacobbe brings over three decades of financial and executive leadership experience from the aerospace and advanced manufacturing industries.
Key Details
- New Director: Kenneth J. Giacobbe, former EVP and CFO of Howmet Aerospace, was appointed as a Class III director with a term ending at the 2028 annual stockholders' meeting.
- Director Departures: Howard Yu will resign effective October 6, 2026, and Colleen Pritchett will not stand for re-election at the upcoming annual meeting. The filing states their decisions were not due to any disagreement with the company.
- Board Composition: Following the appointment and subsequent departures, the Board will be reduced from 12 members to 10 members after October 6, 2026.