Carpenter Technology appoints Ken Giacobbe to board; Yu and Pritchett to depart

CARPENTER TECHNOLOGY CORP

Ken Giacobbe appointed to Board effective Aug 11, 2026 as Class III director, term ending at 2028 annual meeting.
Giacobbe was EVP & CFO of Howmet Aerospace (2020-2025); prior CFO of Arconic and finance roles at Alcoa.
Howard Yu to step down as director effective Oct 6, 2026 (annual meeting); Colleen Pritchett not to stand for re-election.
Departures not due to any disagreement; board will shrink from 12 (11 independent) to 10 (9 independent) after Oct 6.
Giacobbe owns no CRS stock, qualifies as independent under NYSE and SEC standards.

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