Carpenter Technology Executive and Leadership Team

November, 2026

Leadership Overview

Carpenter Technology has 8 executives leading key functions including strategy, human capital, financial oversight, and operational management.

Focused on delivering high-performance specialty metals and advanced alloys, Carpenter Technology drives innovation across aerospace, defense, and energy sectors to meet rigorous global engineering standards.

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 - Katherine Pierce
  • Senior Vice President & Chief Financial Officer - Timothy Lain
  • Division of Specialty Alloys Vice President & Chief Financial Officer - Matthew Vergare
  • Executive Vice President & Chief Financial Officer, Alcoa Corporation - Charles (Chuck) McLane Jr.
  • Group President - PEP - Joshua Frashure
  • Group President - SAO - Steven Jennings
  • 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 and advanced alloys for critical global industries. By aligning corporate objectives with market demands in aerospace and defense, the Chief Executive Officer ensures the company maintains a competitive edge in material science. This leadership role involves constant engagement with the Board to refine operational efficiency and capital allocation. Tony Thene directly influences the trajectory of the business by fostering a culture of innovation and technical excellence. Through rigorous oversight of manufacturing capabilities, the Chairman of the Board & Chief Executive Officer secures the company's position as a premier supplier of high-performance materials, ultimately driving sustainable value for shareholders and clients across international markets.
    Tony Thene

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

    Katherine Pierce, the Executive Assistant To the Chief Executive Officer, Chief Financial Officer and Chief Human Resources Officer at Carpenter Technology, manages the administrative flow and communication channels between the top leadership tiers. Pierce architects efficient scheduling and information management systems that allow the executive team to focus on strategic decision-making for specialty metals production. By coordinating high-level meetings and tracking critical project milestones, the Executive Assistant To the Chief Executive Officer, Chief Financial Officer and Chief Human Resources Officer ensures seamless collaboration across the finance, human resources, and executive departments. This leadership role involves managing sensitive information and facilitating cross-functional alignment to support the company's mission. Katherine Pierce directly impacts organizational productivity by streamlining executive workflows and ensuring timely execution of corporate priorities. Through meticulous attention to detail, the Executive Assistant To the Chief Executive Officer, Chief Financial Officer and Chief Human Resources Officer maintains the operational rhythm necessary for the company to excel in the global advanced alloys market.

    Timothy Lain - Senior Vice President & Chief Financial Officer

    Timothy Lain, the Senior Vice President & Chief Financial Officer at Carpenter Technology, manages the financial health and fiscal strategy of the corporation. Lain oversees capital structure, financial reporting, and investment planning to support the production of high-performance materials. By directing rigorous budget analysis and risk management protocols, the Chief Financial Officer ensures the company maintains the liquidity necessary for research and development in specialty metals. This leadership role involves collaborating with the executive team to optimize resource allocation across diverse industrial segments like defense and automotive. Timothy Lain directly influences the company's financial stability through disciplined cost management and strategic financial forecasting. Through the oversight of global financial operations, the Senior Vice President & Chief Financial Officer provides the necessary economic framework to sustain long-term growth, ensuring the organization remains a leader in the competitive landscape of advanced alloy manufacturing and engineering solutions.
    Timothy Lain

    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, manages the financial performance specifically within the specialty alloys business unit. Vergare architects precise financial models to track the profitability of advanced material production lines. By monitoring operational costs and revenue streams, the Division of Specialty Alloys Vice President & Chief Financial Officer ensures that manufacturing processes remain efficient and aligned with market pricing for aerospace and energy clients. This leadership role involves coordinating with production managers to optimize inventory turnover and capital expenditure for specialized equipment. Matthew Vergare directly impacts the division's bottom line by identifying opportunities for margin expansion and process improvement. Through meticulous financial oversight, the Division of Specialty Alloys Vice President & Chief Financial Officer supports the strategic goals of the business unit, ensuring that the production of high-performance alloys remains both technically superior and economically viable in a demanding global market.

    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, manages external financial partnerships and strategic integration efforts. McLane Jr. architects complex financial frameworks that facilitate cross-industry collaboration and supply chain stability for advanced alloys. By overseeing large-scale financial initiatives, the Executive Vice President & Chief Financial Officer, Alcoa Corporation ensures that the company maintains robust relationships with key stakeholders in the defense and automotive sectors. This leadership role involves analyzing market trends to guide long-term investment strategies and capital deployment. Charles (Chuck) McLane Jr. directly impacts the company's market position by leveraging financial expertise to navigate the complexities of global manufacturing. Through the management of high-level financial operations, the Executive Vice President & Chief Financial Officer, Alcoa Corporation secures the necessary resources to support the company's mission of delivering innovative material solutions to demanding engineering environments worldwide.

    Joshua Frashure - Group President - PEP

    Joshua Frashure, the Group President - PEP at Carpenter Technology, manages the Performance Engineered Products division. Frashure architects the operational strategy for manufacturing high-performance components used in critical aerospace and energy applications. By overseeing production efficiency and quality control, the Group President - PEP ensures that all products meet the stringent engineering requirements of the company's global client base. This leadership role involves driving innovation in material processing and scaling manufacturing capabilities to meet rising demand. Joshua Frashure directly impacts the division's growth by optimizing supply chain logistics and fostering technical collaboration with engineering teams. Through the management of specialized production facilities, the Group President - PEP secures the company's reputation for excellence in material science. By focusing on operational precision and market-driven product development, Frashure ensures that the Performance Engineered Products division remains a cornerstone of the company's overall success in the specialty metals industry.

    Steven Jennings - Group President - SAO

    Steven Jennings, the Group President - SAO at Carpenter Technology, manages the Specialty Alloys Operations division. Jennings architects the strategic direction for the production of advanced alloys, focusing on high-volume manufacturing and technical precision. By overseeing the operational performance of alloy production facilities, the Group President - SAO ensures that the company delivers consistent quality to the defense and automotive sectors. This leadership role involves managing complex manufacturing workflows and implementing process improvements to enhance output and reduce waste. Steven Jennings directly impacts the division's competitive standing by aligning production capabilities with the evolving needs of global engineering markets. Through the oversight of large-scale operations, the Group President - SAO drives efficiency and innovation within the Specialty Alloys Operations division. By maintaining rigorous standards and fostering a culture of continuous improvement, Jennings ensures that the company remains a trusted partner for industries requiring high-performance material solutions.

    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, manages the global talent strategy and organizational development. Thompson designs comprehensive programs to attract, retain, and cultivate the specialized workforce required for advanced alloy manufacturing. By implementing robust performance management systems, the Chief Human Resources Officer ensures alignment between employee capabilities and the technical requirements of the aerospace and energy sectors. This leadership role involves driving cultural initiatives that promote safety, diversity, and operational excellence across all manufacturing facilities. Rachelle Thompson directly impacts the company's ability to innovate by fostering an environment where technical expertise thrives. Through strategic workforce planning and leadership development, the Vice President - Chief Human Resources Officer (Chief Human Resources Officer) strengthens the organizational foundation, enabling the company to meet complex engineering challenges while maintaining a high-performance culture on a global scale.

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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 Katherine Pierce (Executive Assistant To the Chief Executive Officer, Chief Financial Officer and Chief Human Resources Officer) and Timothy Lain (Senior 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), Katherine Pierce (Executive Assistant To the Chief Executive Officer, Chief Financial Officer and Chief Human Resources Officer), Timothy Lain (Senior Vice President & Chief Financial Officer) and other senior executives.
    How many executives does Carpenter Technology have?
    Carpenter Technology has 8 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, Senior Vice President & Chief Financial Officer, Division of Specialty Alloys Vice President & Chief Financial Officer, Executive Vice President & Chief Financial Officer, Alcoa Corporation.