UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report: February 22, 2018
CARPENTER TECHNOLOGY CORPORATION
(Exact name of registrant as specified in its charter)
Delaware |
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1-5828 |
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23-0458500 |
(State or other jurisdiction of |
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(Commission File Number) |
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(IRS Employer I.D. No.) |
1735 Market Street |
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19103 |
(Address of principal executive |
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(Zip Code) |
(610) 208-2000
Registrants telephone number, including area code
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b.2 of this chapter).
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 22, 2018, Carpenter Technology Corporation (the Company) announced senior operating leadership changes including the change of Joseph Haniford, Chief Operating Officer, to a new role as Vice President, Business Management Office and Global Advanced Engineering effective July 1, 2018.
The full text of a press release issued on February 22, 2018 about the senior leadership changes is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. |
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Description |
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99.1 |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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CARPENTER TECHNOLOGY CORPORATION | ||
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By: |
/s/ James D. Dee | |
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Name: |
James D. Dee |
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Title: |
Vice President, General Counsel and Secretary |
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Date: February 27, 2018 |
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News Release
Carpenter Technology Announces Senior Operating Leadership Appointments
PHILADELPHIA, Feb. 22, 2018 (GLOBE NEWSWIRE) Carpenter Technology Corporation (NYSE:CRS) (the Company) today announced senior operating leadership changes consistent with the Companys long-term succession plan.
Joe Haniford, Chief Operating Officer, will assume a new role as Vice President, Business Management Office, and Global Advanced Engineering, as well as the leadership of Environmental, Health and Safety, where he will be focused on the continued implementation of the Carpenter Operating Model and Lean manufacturing principles across the Companys facilities. This transition is in-line with the strategic plan initiated when Mr. Haniford joined Carpenter in July 2015.
Mike Murtagh has been appointed Vice President and Group President of Specialty Alloys Operations (SAO). Mr. Murtagh previously served as Carpenters Chief Technology Officer. Carpenter has commenced a search for a new Chief Technology Officer. Both leadership changes will be effective July 1, 2018.
Over the last three years, we have executed a concerted transformational strategy to strengthen our long-term growth profile and these organizational changes are consistent with our leadership transition plan, said Tony Thene, President and Chief Executive Officer. Joe has been an invaluable contributor to our success in elevating Carpenter through establishing manufacturing and safety disciplines that have become the foundation of the Carpenter Operating Model. We thank him for his many contributions as Chief Operating Officer, and I am pleased that Joe will continue to be part of the team. He will focus primarily on the further implementation of the Carpenter Operating Model across our facilities as we know we are still in the early stages of its execution.
Mr. Thene added, Since joining Carpenter as the Chief Technology Officer, Mike has demonstrated strong technical and manufacturing operations expertise and has played an important role in our continued transition to becoming an irreplaceable supply chain partner for our customers. Given Mikes background, I believe he is the ideal candidate to assume the manufacturing and business responsibilities of our SAO segment.
About Carpenter Technology
Carpenter Technology Corporation is a leading producer and distributor of premium specialty alloys, including titanium alloys, nickel and cobalt based superalloys, stainless steels, alloy steels and tool steels. Carpenters high-performance materials and advanced process solutions are an integral part of critical applications used within the aerospace, transportation, medical and energy
markets, among other markets. Building on its history of innovation, Carpenters metal powder technology capabilities support a range of next-generation products and manufacturing techniques, including additive manufacturing and 3D Printing. Information about Carpenter can be found at www.cartech.com.
Media Inquiries:
William J. Rudolph, Jr.
+1 610-208-3892
wrudolph@cartech.com
Investor Inquiries:
The Plunkett Group
Brad Edwards
+1 212-739-6724
brad@theplunkettgroup.com
Carpenter Technology Corporation
Copyright © 2018 CRS Holdings Inc. All rights reserved.
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