Carpenter Technology Announces CEO Transition Plan: Brian Malloy to Succeed Tony Thene as Chief Executive Officer on July 1, 2026; Tony Thene to Continue as Executive Chairman

PHILADELPHIA, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the “Company”) today announced that its Board of Directors has appointed Brian Malloy, currently President & Chief Operating Officer, to serve as Chief Executive Officer effective July 1, 2026. Tony Thene, currently Chairman and CEO, will continue as Executive Chairman of the Board, guiding strategy, maintaining key stakeholder relationships and providing Board leadership. “Over the last decade, Carpenter Technolog ...