Carpenter Technology Executive and Leadership Team

October, 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 materials to global aerospace and defense sectors, Carpenter Technology maintains a commitment to engineering excellence and advanced alloy innovation.

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
  • 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 - SAO - Steven Jennings
  • 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 manages the alignment of specialty metal production with the rigorous demands of the aerospace and defense industries. By overseeing long-term capital allocation and board relations, the Chief Executive Officer ensures the company maintains a competitive edge in advanced alloy manufacturing. This leadership role involves driving operational efficiency across all global manufacturing facilities to meet complex engineering requirements. Tony Thene actively monitors market trends to identify growth opportunities within the energy and automotive sectors. Through the implementation of high-performance material solutions, the Chief Executive Officer secures the company's position as a leader in the specialty metals market. Thene fosters a culture of innovation that supports the development of next-generation alloys for critical applications worldwide.
    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, directs the administrative coordination and operational flow between the top executive offices. Pierce manages the complex scheduling, communication, and logistical requirements for the leadership team. By overseeing the preparation of executive briefings and strategic documentation, the Executive Assistant To the Chief Executive Officer, Chief Financial Officer and Chief Human Resources Officer ensures that the C-suite remains focused on core business objectives. This leadership role involves driving organizational efficiency by facilitating seamless collaboration between the strategy, finance, and human resources departments. Katherine Pierce coordinates high-level meetings and stakeholder interactions that support the company's mission in the specialty metals industry. Through the meticulous management of executive priorities, the Executive Assistant To the Chief Executive Officer, Chief Financial Officer and Chief Human Resources Officer enables the leadership team to execute critical initiatives effectively.

    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 planning and analysis specifically for the specialty alloys division. Vergare manages the budgetary frameworks and cost-control measures necessary for high-precision metal manufacturing. By overseeing the financial health of the division, the Chief Financial Officer ensures that resource allocation supports the production of advanced alloys for the aerospace and energy markets. This leadership role involves driving fiscal discipline and operational transparency to maximize profitability within the division. Matthew Vergare collaborates with production teams to optimize supply chain costs and improve margin performance. Through the rigorous monitoring of financial metrics, the Chief Financial Officer provides the data-driven insights required for strategic decision-making. Vergare maintains strict adherence to financial compliance standards while supporting the division's growth objectives in the competitive specialty metals landscape.

    Timothy Lain - Senior Vice President & Chief Financial Officer

    Timothy Lain, the Senior Vice President & Chief Financial Officer at Carpenter Technology, directs the corporate financial strategy and global fiscal operations. Lain manages the company's capital structure, investor relations, and financial reporting processes. By overseeing enterprise-wide risk management and treasury functions, the Chief Financial Officer ensures the financial stability required to sustain innovation in specialty metals. This leadership role involves driving long-term value creation through disciplined investment in advanced manufacturing technologies. Timothy Lain coordinates with the executive team to align financial goals with the company's broader market objectives in the defense and automotive sectors. Through the implementation of robust financial controls, the Chief Financial Officer supports the company's commitment to quality and engineering excellence. Lain maintains oversight of global financial performance, ensuring that the organization meets its growth targets while navigating the complexities of the international specialty alloys market.
    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 asset management. McLane Jr. manages the integration of complex financial data to support the company's position in the specialty metals market. By overseeing the alignment of financial resources with high-performance material production, the Executive Vice President & Chief Financial Officer, Alcoa Corporation ensures the company meets the rigorous demands of the aerospace and energy industries. This leadership role involves driving efficiency in capital deployment and financial planning. Charles (Chuck) McLane Jr. collaborates with the executive team to refine the company's fiscal strategy, ensuring long-term sustainability. Through the application of advanced financial modeling, the Executive Vice President & Chief Financial Officer, Alcoa Corporation optimizes the company's operational scale. McLane Jr. provides the financial leadership necessary to maintain the company's reputation for quality and innovation in global markets.

    Steven Jennings - Group President - SAO

    Steven Jennings, the Group President - SAO at Carpenter Technology, directs the operational performance and strategic growth of the Specialty Alloys Operations division. Jennings manages the manufacturing processes and quality control standards for high-performance materials used in aerospace and defense. By overseeing the production lifecycle, the Group President - SAO ensures that the company delivers solutions meeting demanding engineering requirements. This leadership role involves driving continuous improvement initiatives to enhance manufacturing efficiency and product reliability. Steven Jennings coordinates with technical teams to accelerate the development of advanced alloys for critical applications. Through the optimization of operational workflows, the Group President - SAO supports the company's market impact and commitment to innovation. Jennings maintains a focus on scaling production capabilities to meet the evolving needs of global customers, ensuring that the Specialty Alloys Operations division remains a cornerstone of the company's success in the specialty metals sector.

    Joshua Frashure - Group President - PEP

    Joshua Frashure, the Group President - PEP at Carpenter Technology, directs the strategic operations and market expansion for the Performance Engineered Products division. Frashure manages the development and delivery of specialized material solutions tailored for the energy and automotive industries. By overseeing the division's operational scale, the Group President - PEP ensures that the company maintains its competitive advantage in high-performance material manufacturing. This leadership role involves driving innovation in product design and manufacturing processes to meet specific customer engineering requirements. Joshua Frashure coordinates with cross-functional teams to align production output with global market demand. Through the implementation of strategic growth initiatives, the Group President - PEP enhances the company's presence in key industrial sectors. Frashure focuses on operational excellence and the delivery of high-quality products, ensuring that the Performance Engineered Products division contributes significantly to the company's overall mission and market impact.

    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, architects the global talent strategy to support advanced manufacturing operations. Thompson designs comprehensive programs for workforce development, ensuring the organization attracts top-tier engineering and metallurgical talent. By overseeing organizational design and performance management, the Chief Human Resources Officer aligns human capital initiatives with the company's mission of delivering high-performance materials. This leadership role involves driving cultural transformation and employee engagement across diverse international sites. Rachelle Thompson implements robust training frameworks that enhance technical proficiency within the specialty alloys sector. Through the optimization of recruitment and retention strategies, the Chief Human Resources Officer strengthens the internal capabilities required to meet demanding aerospace and defense industry standards. Thompson ensures the workforce remains agile and prepared for future technological advancements in the specialty metals industry.

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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 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), Katherine 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 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, Division of Specialty Alloys Vice President & Chief Financial Officer, Senior Vice President & Chief Financial Officer, Executive Vice President & Chief Financial Officer, Alcoa Corporation.