Carpenter Technology Executive and Leadership Team

September, 2026

Leadership Overview

Carpenter Technology has 7 executives leading key functions including strategy, human resources, administrative operations, financial management, and product engineering.

Focused on delivering high-performance materials to global aerospace and defense sectors, Carpenter Technology drives innovation through advanced alloy manufacturing and rigorous engineering standards to meet complex industrial requirements.

Leadership Roles at Carpenter Technology

  • Chairman of the Board & Chief Executive Officer - Tony Thene
  • Executive Assistant To the Chief Executive Officer, Chief Financial Officer and Chief Human Resources Officer - Katrina Pierce
  • Division of Specialty Alloys Vice President & Chief Financial Officer - Matthew Vergare
  • Senior Vice President & Chief Financial Officer - Timothy Lain
  • Executive Vice President & Chief Financial Officer, Alcoa Corporation - Charles (Chuck) McLane Jr.
  • Group President - PEP - Joshua Frashure
  • Vice President - Chief Human Resources Officer (Chief Human Resources Officer) - Rachelle Thompson
  • Tony Thene - Chairman of the Board & Chief Executive Officer

    Tony Thene, the Chairman of the Board & Chief Executive Officer at Carpenter Technology, directs the overarching strategic vision for the organization. Thene architects long-term growth initiatives while overseeing the production of specialty metals for the aerospace and energy sectors. By aligning corporate objectives with market demands, the Chief Executive Officer ensures the company maintains a competitive edge in advanced alloy manufacturing. Thene manages high-level board relations and coordinates with other C-suite leaders to optimize operational efficiency across North American and international markets. This leadership role involves driving innovation in material science to solve critical engineering challenges for defense and automotive clients. Through consistent focus on quality and performance, Tony Thene secures the market position of the firm. Ultimately, the Chairman of the Board & Chief Executive Officer fosters a culture of excellence that supports sustainable financial performance and technological advancement within the specialty metals industry.
    Tony Thene

    Katrina Pierce - Executive Assistant To the Chief Executive Officer, Chief Financial Officer and Chief Human Resources Officer

    Katrina Pierce, the Executive Assistant To the Chief Executive Officer, Chief Financial Officer and Chief Human Resources Officer at Carpenter Technology, coordinates complex administrative workflows across the executive suite. Pierce architects efficient communication channels between the Chief Executive Officer, the Chief Financial Officer, and the Chief Human Resources Officer to ensure seamless operational alignment. By managing high-priority scheduling and executive correspondence, the Executive Assistant facilitates the rapid execution of strategic decisions regarding specialty metal production. This leadership role involves organizing board-level documentation and supporting the administrative needs of the senior management team during critical financial and human resources planning. Katrina Pierce maintains rigorous standards of confidentiality and precision while supporting the leadership team in their efforts to serve aerospace and defense clients. Through proactive management of executive priorities, the Executive Assistant optimizes the time and focus of the C-suite, directly contributing to the overall efficiency and strategic agility of the organization.

    Matthew Vergare - Division of Specialty Alloys Vice President & Chief Financial Officer

    Matthew Vergare, the Division of Specialty Alloys Vice President & Chief Financial Officer at Carpenter Technology, directs the financial health and fiscal planning for the specialty alloys division. Vergare architects robust budgeting and forecasting models that support the manufacturing of high-performance materials for the automotive and energy sectors. By overseeing divisional financial reporting, the Chief Financial Officer ensures accurate resource allocation for research and development projects. This leadership role involves analyzing market trends to optimize cost structures and improve profit margins within the specialty alloys segment. Matthew Vergare collaborates with operational managers to align financial goals with the broader corporate strategy of delivering innovative metal solutions. Through rigorous financial oversight and risk management, the Division of Specialty Alloys Vice President & Chief Financial Officer supports the long-term growth and stability of the division. Ultimately, Vergare drives fiscal discipline that enables the company to maintain its leadership position in the competitive specialty metals market.

    Timothy Lain - Senior Vice President & Chief Financial Officer

    Timothy Lain, the Senior Vice President & Chief Financial Officer at Carpenter Technology, directs the global financial strategy and capital allocation for the entire corporation. Lain architects comprehensive financial reporting systems that provide transparency for stakeholders and investors interested in advanced alloy manufacturing. By overseeing treasury operations, tax planning, and investor relations, the Chief Financial Officer ensures the company maintains a strong balance sheet to support aerospace and defense initiatives. This leadership role involves coordinating with the Board of Directors to evaluate strategic investments and potential market expansions. Timothy Lain manages the financial risks associated with global supply chains and raw material procurement. Through the implementation of rigorous financial controls, the Senior Vice President & Chief Financial Officer drives operational efficiency and supports the company's commitment to quality. Ultimately, Lain secures the financial foundation necessary for the organization to continue delivering innovative material solutions to demanding engineering markets worldwide.
    Timothy Lain

    Charles (Chuck) McLane Jr. - Executive Vice President & Chief Financial Officer, Alcoa Corporation

    Charles (Chuck) McLane Jr., the Executive Vice President & Chief Financial Officer, Alcoa Corporation at Carpenter Technology, directs specialized financial oversight and strategic planning functions. McLane Jr. architects complex financial frameworks that support the integration of advanced manufacturing processes within the specialty metals portfolio. By overseeing capital structure and long-term financial planning, the Chief Financial Officer ensures the company remains resilient against market volatility in the aerospace and defense sectors. This leadership role involves analyzing large-scale industrial investments and optimizing the financial performance of global operations. Charles (Chuck) McLane Jr. collaborates with the executive team to refine fiscal policies that align with the company's mission of delivering high-performance materials. Through strategic financial management, the Executive Vice President & Chief Financial Officer drives value creation and supports the overall growth trajectory of the firm. Ultimately, McLane Jr. provides the financial expertise required to sustain the company's reputation for innovation and quality in the global metals industry.

    Joshua Frashure - Group President - PEP

    Joshua Frashure, the Group President - PEP at Carpenter Technology, directs the operational performance and strategic execution of the Performance Engineered Products division. Frashure architects production workflows that ensure the delivery of high-performance alloys to critical aerospace and defense clients. By overseeing manufacturing excellence and supply chain logistics, the Group President ensures the company meets rigorous engineering specifications for every product. This leadership role involves managing cross-functional teams to drive innovation in material processing and product development. Joshua Frashure collaborates with other senior leaders to align divisional output with the broader corporate goals of market expansion and technological leadership. Through the optimization of production capacity and quality control measures, the Group President - PEP enhances the operational efficiency of the division. Ultimately, Frashure drives the development of advanced material solutions that allow the company to maintain its competitive advantage in the global specialty metals market.

    Rachelle Thompson - Vice President - Chief Human Resources Officer (Chief Human Resources Officer)

    Rachelle Thompson, the Vice President - Chief Human Resources Officer (Chief Human Resources Officer) at Carpenter Technology, directs all talent acquisition and organizational development initiatives. Thompson architects comprehensive workforce strategies that support the manufacturing of advanced alloys and specialty metals. By overseeing global human capital programs, the Chief Human Resources Officer ensures the company attracts top engineering talent necessary for aerospace and defense projects. This leadership role involves managing employee relations, compensation structures, and performance management systems to drive operational productivity. Rachelle Thompson collaborates with executive leadership to align human resources policies with the broader corporate mission of delivering high-performance material solutions. Through the implementation of robust training and development frameworks, the Chief Human Resources Officer strengthens the internal capabilities of the organization. Ultimately, Thompson fosters an inclusive and high-performing work environment that enables the company to meet demanding engineering requirements across diverse global markets.

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    Frequently Asked Questions Regarding Carpenter Technology Top Executives and Leadership Team

    Who leads Carpenter Technology?
    Carpenter Technology is led by Tony Thene (Chairman of the Board & Chief Executive Officer), along with executives such as Katrina Pierce (Executive Assistant To the Chief Executive Officer, Chief Financial Officer and Chief Human Resources Officer) and Matthew Vergare (Division of Specialty Alloys Vice President & Chief Financial Officer).
    Who is part of Carpenter Technology’s executive team?
    The executive team of Carpenter Technology includes leaders such as Tony Thene (Chairman of the Board & Chief Executive Officer), Katrina Pierce (Executive Assistant To the Chief Executive Officer, Chief Financial Officer and Chief Human Resources Officer), Matthew Vergare (Division of Specialty Alloys Vice President & Chief Financial Officer) and other senior executives.
    How many executives does Carpenter Technology have?
    Carpenter Technology has 7 executives leading key business areas.
    What roles are included in Carpenter Technology’s leadership team?
    The leadership team of Carpenter Technology includes roles such as Chairman of the Board & Chief Executive Officer, Executive Assistant To the Chief Executive Officer, Chief Financial Officer and Chief Human Resources Officer, Division of Specialty Alloys Vice President & Chief Financial Officer, Senior Vice President & Chief Financial Officer, Executive Vice President & Chief Financial Officer, Alcoa Corporation.