{"id":984913,"date":"2026-07-27T08:07:11","date_gmt":"2026-07-27T12:07:11","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/carpenter-technology-announces-the-passing-of-brian-malloy\/"},"modified":"2026-07-27T08:07:11","modified_gmt":"2026-07-27T12:07:11","slug":"carpenter-technology-announces-the-passing-of-brian-malloy","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/carpenter-technology-announces-the-passing-of-brian-malloy\/","title":{"rendered":"Carpenter Technology Announces the Passing of Brian Malloy"},"content":{"rendered":"<h2>\nTony Thene to Return to CEO Role Effective Immediately<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p>PHILADELPHIA, July  27, 2026  (GLOBE NEWSWIRE) &#8212; Carpenter Technology Corporation (NYSE: CRS) announced today that Brian Malloy, the Company\u2019s President and Chief Executive Officer, passed away suddenly and unexpectedly on Friday, July 24. The Carpenter Technology team extends its sincere condolences to his family, friends, and colleagues.<\/p>\n<p>The Board of Directors issued the following statement: \u201cWe are deeply saddened by Brian\u2019s passing. Over the past decade, Brian made significant contributions to Carpenter Technology and was a respected leader with a strong commitment to performance, operational excellence, and the Company\u2019s long-term success. We extend our deepest sympathies to Brian\u2019s family and loved ones during this difficult time.\u201d<\/p>\n<p>Tony Thene, the Company\u2019s Executive Chairman, has been appointed by the Board of Directors to return in his capacity as Chief Executive Officer effective immediately. Mr. Thene previously held the position of CEO of Carpenter Technology from 2015 through June 2026. Mr. Thene will also continue as Chairman.<\/p>\n<p>\n        <strong><br \/>\n          <u>About Carpenter Technology<\/u><br \/>\n        <\/strong>\n      <\/p>\n<p>Carpenter Technology Corporation is a recognized leader in high-performance specialty alloy materials and process solutions for critical applications in the aerospace and defense, medical, transportation, energy, and industrial and consumer markets. Founded in 1889, Carpenter Technology has evolved to become a pioneer in premium specialty alloys including nickel, cobalt, and titanium and material process capabilities that solve our customers&#8217; current and future material challenges. More information about Carpenter Technology can be found at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=rxg_gVhlD-q1STvogwzXmcHvu4vxIysG1t01HVknIPYMem9qZ94Y8tp7qlvRaOb4j5ZrvOg_TxYHirN7GoHbG8Dw98EbZQ29tD8OAqGNqJbecE18SqsA5Y0lvhzINNnmje0QRrgRgacS504ipAkrlozAcblmeLEbvAouEhcUNnvBDOvtnk549Di72s9TJ2wsQOVl5V6qsZB3inZL1sjaLSHFymD0ap2N30X896Dxp9EdIK7_L9ud52PIdlh5ft4pePMCSm8Q5kk4Ednxi93tJL4Hh6d1ZeCAA1AMLJ1ptFoNK5Tz6T5BP1hqHLs8qr_w\" rel=\"nofollow\" target=\"_blank\">www.carpentertechnology.com<\/a>.<\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:50%;width:50%;min-width:50%;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">Investor Inquiries:<\/td>\n<td style=\"max-width:50%;width:50%;min-width:50%;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">Media Inquiries:<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">John Huyette<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">Heather Beardsley<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">+1 610-208-2061<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">+1 610-208-2278<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">\n            <a href=\"mailto:jhuyette@cartech.com\" rel=\"nofollow\" target=\"_blank\">jhuyette@cartech.com<\/a>\n          <\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">\n            <a href=\"mailto:hbeardsley@cartech.com\" rel=\"nofollow\" target=\"_blank\">hbeardsley@cartech.com<\/a>\n          <\/td>\n<\/tr>\n<\/table>\n<p>\n        \n      <\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTc4ODMyMyM3NzQzODE4IzIwMDUzNDY=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/NjQxYzQ4ZTQtMTRkNi00Mzk2LWEwNWEtN2Q2NmUyMjdmNDcxLTEwMTY5MTktMjAyNi0wNy0yNy1lbg==\/tiny\/Carpenter-Technology-Corporati.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Tony Thene to Return to CEO Role Effective Immediately PHILADELPHIA, July 27, 2026 (GLOBE NEWSWIRE) &#8212; Carpenter Technology Corporation (NYSE: CRS) announced today that Brian Malloy, the Company\u2019s President and Chief Executive Officer, passed away suddenly and unexpectedly on Friday, July 24. The Carpenter Technology team extends its sincere condolences to his family, friends, and colleagues. The Board of Directors issued the following statement: \u201cWe are deeply saddened by Brian\u2019s passing. Over the past decade, Brian made significant contributions to Carpenter Technology and was a respected leader with a strong commitment to performance, operational excellence, and the Company\u2019s long-term success. We extend our deepest sympathies to Brian\u2019s family and loved ones during this difficult time.\u201d Tony Thene, the Company\u2019s Executive &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/carpenter-technology-announces-the-passing-of-brian-malloy\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Carpenter Technology Announces the Passing of Brian Malloy&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-984913","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Carpenter Technology Announces the Passing of Brian Malloy - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/carpenter-technology-announces-the-passing-of-brian-malloy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Carpenter Technology Announces the Passing of Brian Malloy - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Tony Thene to Return to CEO Role Effective Immediately PHILADELPHIA, July 27, 2026 (GLOBE NEWSWIRE) &#8212; Carpenter Technology Corporation (NYSE: CRS) announced today that Brian Malloy, the Company\u2019s President and Chief Executive Officer, passed away suddenly and unexpectedly on Friday, July 24. The Carpenter Technology team extends its sincere condolences to his family, friends, and colleagues. The Board of Directors issued the following statement: \u201cWe are deeply saddened by Brian\u2019s passing. Over the past decade, Brian made significant contributions to Carpenter Technology and was a respected leader with a strong commitment to performance, operational excellence, and the Company\u2019s long-term success. We extend our deepest sympathies to Brian\u2019s family and loved ones during this difficult time.\u201d Tony Thene, the Company\u2019s Executive &hellip; Continue reading &quot;Carpenter Technology Announces the Passing of Brian Malloy&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/carpenter-technology-announces-the-passing-of-brian-malloy\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-27T12:07:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTc4ODMyMyM3NzQzODE4IzIwMDUzNDY=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/carpenter-technology-announces-the-passing-of-brian-malloy\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/carpenter-technology-announces-the-passing-of-brian-malloy\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Carpenter Technology Announces the Passing of Brian Malloy\",\"datePublished\":\"2026-07-27T12:07:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/carpenter-technology-announces-the-passing-of-brian-malloy\\\/\"},\"wordCount\":267,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/carpenter-technology-announces-the-passing-of-brian-malloy\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTc4ODMyMyM3NzQzODE4IzIwMDUzNDY=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/carpenter-technology-announces-the-passing-of-brian-malloy\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/carpenter-technology-announces-the-passing-of-brian-malloy\\\/\",\"name\":\"Carpenter Technology Announces the Passing of Brian Malloy - 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The Carpenter Technology team extends its sincere condolences to his family, friends, and colleagues. The Board of Directors issued the following statement: \u201cWe are deeply saddened by Brian\u2019s passing. Over the past decade, Brian made significant contributions to Carpenter Technology and was a respected leader with a strong commitment to performance, operational excellence, and the Company\u2019s long-term success. 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