Carpenter Technology Executive and Leadership Team

June, 2026

Leadership Overview

Carpenter Technology has 7 executives leading key functions including strategy, finance, human resources, and operations.

Driven by innovation, Carpenter Technology is dedicated to supplying high-performance materials to critical industries, fostering solutions that meet demanding engineering requirements worldwide.

Leadership Roles at Carpenter Technology

  • Chief Executive Officer - Brian Malloy
  • Chairman of the Board & Chief Executive Officer - Tony Thene
  • Senior Vice President & Chief Financial Officer - Timothy Lain
  • Division of Specialty Alloys Vice President & Chief Financial Officer - Matthew Vergare
  • Group President - PEP - Joshua Frashure
  • Group President, Caterpillar Inc - Ramin Younessi
  • Vice President - Chief Human Resources Officer (Chief Human Resources Officer) - Rachelle Thompson
  • Brian Malloy - Chief Executive Officer

    Brian Malloy, the Chief Executive Officer at Carpenter Technology, directs the company's overall strategic vision and operational execution. Malloy oversees the integration of advanced alloy development with market demands across aerospace, defense, automotive, and energy sectors. This leadership involves driving innovation in material science to ensure Carpenter Technology maintains its position as a premier supplier of high-performance metals. Malloy's focus centers on enhancing shareholder value through sustainable growth and operational excellence. The Chief Executive Officer ensures alignment between departmental objectives and the company's core mission of delivering superior material solutions globally. By championing a culture of quality and continuous improvement, Brian Malloy guides the organization toward achieving its long-term financial and market objectives.
    Brian Malloy

    Tony Thene - Chairman of the Board & Chief Executive Officer

    Tony Thene, the Chairman of the Board & Chief Executive Officer at Carpenter Technology, provides overarching governance and executive leadership. Thene's role encompasses setting the strategic direction for the company, ensuring robust corporate governance, and guiding the executive team in executing the business plan. This dual responsibility involves both strategic oversight from the board level and direct operational leadership. The Chairman of the Board & Chief Executive Officer is pivotal in shaping the company's long-term trajectory, focusing on innovation, market expansion, and stakeholder relations. Thene's leadership ensures that Carpenter Technology's commitment to quality and advanced material solutions remains central to its operations. Tony Thene drives the company's mission to meet the most demanding engineering and performance requirements for its global clientele.
    Tony Thene

    Timothy Lain - Senior Vice President & Chief Financial Officer

    Timothy Lain, the Senior Vice President & Chief Financial Officer at Carpenter Technology, manages the company's financial strategy and operations. Lain oversees all aspects of financial planning, accounting, treasury, and investor relations, ensuring fiscal discipline and strategic resource allocation. This leadership role is critical in supporting the company's growth initiatives and maintaining financial stability across its specialty metals and advanced alloys manufacturing. The Senior Vice President & Chief Financial Officer works closely with other executives to drive profitability and optimize capital structure. Timothy Lain's expertise ensures that financial decisions directly support the delivery of high-performance materials to key industries like aerospace and defense. Lain guides the financial framework that underpins Carpenter Technology's commitment to innovation and quality.
    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, directs financial operations specifically for the Specialty Alloys division. Vergare's responsibilities include managing the financial health, budgeting, and investment strategies pertinent to the development and production of advanced alloys. This specialized financial leadership ensures that the division's resources are optimally deployed to meet the stringent demands of industries such as automotive and energy. The Division of Specialty Alloys Vice President & Chief Financial Officer collaborates with divisional leadership to enhance operational efficiency and profitability. Matthew Vergare's financial acumen supports the division's contribution to Carpenter Technology's overall mission of delivering cutting-edge material solutions. Vergare ensures financial alignment with the division's innovation and quality objectives.

    Joshua Frashure - Group President - PEP

    Joshua Frashure, the Group President - PEP at Carpenter Technology, directs the strategic operations and performance of the PEP (Powder, Engineered Products) segment. Frashure oversees the manufacturing, sales, and development of advanced powder metallurgy products and engineered solutions. This leadership is vital for serving high-demand sectors like aerospace and defense with specialized materials. The Group President - PEP ensures operational efficiency and product innovation within the segment, aligning with Carpenter Technology's broader goals. Joshua Frashure's focus is on driving growth and market leadership for the PEP division by delivering materials that meet stringent performance criteria. Frashure champions the segment's contribution to the company's reputation for quality and advanced alloy manufacturing.

    Ramin Younessi - Group President, Caterpillar Inc

    Ramin Younessi, the Group President, Caterpillar Inc at Carpenter Technology, provides strategic leadership and operational oversight. Younessi's role involves guiding key business initiatives and ensuring alignment with the company's overall objectives in specialty metals and advanced alloys. This leadership contributes to Carpenter Technology's ability to supply high-performance materials to critical global industries. The Group President, Caterpillar Inc focuses on driving operational excellence and strategic partnerships that enhance market presence. Ramin Younessi's experience supports the company's commitment to innovation and delivering solutions that meet rigorous engineering standards. Younessi's leadership ensures robust execution of strategies aimed at sustained growth and market leadership.

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

    Rachelle Thompson, the Vice President - Chief Human Resources Officer at Carpenter Technology, leads the company's human capital strategy and management. Thompson oversees all aspects of human resources, including talent acquisition, employee development, compensation, and organizational culture. This role is crucial for fostering a skilled workforce capable of driving innovation in specialty metals and advanced alloys. The Vice President - Chief Human Resources Officer ensures that HR policies align with Carpenter Technology's commitment to quality and its mission to serve demanding industries worldwide. Rachelle Thompson champions initiatives that support employee engagement and professional growth, directly impacting the company's ability to deliver advanced material solutions. Thompson cultivates an environment that attracts and retains top talent essential for meeting engineering and performance requirements.

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    Frequently Asked Questions Regarding Carpenter Technology Top Executives and Leadership Team

    Who leads Carpenter Technology?
    Carpenter Technology is led by Brian Malloy (Chief Executive Officer), along with executives such as Tony Thene (Chairman of the Board & Chief Executive 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 Brian Malloy (Chief Executive Officer), Tony Thene (Chairman of the Board & Chief Executive Officer), Timothy Lain (Senior 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 Chief Executive Officer, Chairman of the Board & Chief Executive Officer, Senior Vice President & Chief Financial Officer, Division of Specialty Alloys Vice President & Chief Financial Officer, Group President - PEP.