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Form 8-K · Current Report · Filed 2024-10-09

Carpenter Technology Corporation Announces Election of Three New Directors

Carpenter Technology Corporation held its Annual Meeting of Stockholders on October 7, 2024, where shareholders elected three new directors to the Board.

Filer
Carpenter Technology Corporation CRS · NYSE
Filed
Accession
0001193125-24-235222
CIK
0000017843
Signal
Low impactIndustrials

Details

Dr. A. John Hart, Kathleen Ligocki, and Ramin Younessi were all elected with a significant majority of votes. Additionally, shareholders ratified the appointment of PricewaterhouseCoopers LLP as the independent public accounting firm and approved the compensation of the Company's named executive officers in an advisory vote.

Items reported

Item 5.07

Submission of Matters to a Vote of Security Holders

Director Elections Results Say-on-Pay Approved

Market reaction

Close before filing

$161.38

Next session

+0.8%

Since filing

+222.0%

Latest close

$519.66

What happened, not what will happen — closing prices around the filing date.

About Carpenter Technology Corporation

Carpenter Technology Corporation specializes in the development, manufacturing, and distribution of high-performance specialty alloys, including stainless steels, long-wear alloys, and titanium base alloys. These materials are primarily designed for applications requiring high strength, corrosion resistance, and reliability, serving key industries such as aerospace, defense, medical, transportation, and energy. Carpenter Technology's advanced materials are essential for manufacturing critical components in aircraft engines, surgical instruments, oil and gas extraction tools, and automotive systems, among others. The company's contribution to these sectors underscores its vital role in supporting technological advancements and infrastructure development. Headquartered in Philadelphia, Pennsylvania, Carpenter Technology operates production facilities and R&D centers globally, facilitating innovation and maintaining a robust supply chain network. Its technical expertise and commitment to quality make it a trusted provider in the specialty alloys market, fostering partnerships to drive forward engineering solutions that meet evolving industry demands.

Exchange NYSE Industry Metal Fabrication Company website ↗

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