secwatch.observer — SEC 8-K summary
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Issuer:     CARPENTER TECHNOLOGY CORP (CRS)
CIK:        0000017843
Form:       8-K
Filed at:   2026-04-17T23:59:59+00:00
Accession:  0001193125-26-161577
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carpenter Tech names Brian Malloy CEO effective July 1; Thene becomes Executive Chairman
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- Board expanded from 11 to 12; Brian J. Malloy appointed director effective July 1, 2026.
- Malloy, current President & COO, becomes President & CEO on July 1; Tony R. Thene becomes Executive Chairman.
- Malloy base salary $1M/year, target cash bonus 125% of salary, equity award $4.5M for FY2027.
- Thene base salary $1M/year, target cash bonus 100% of salary, equity award $2M for FY2027.
- Both remain eligible for deferred comp, severance, and change-in-control plans.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/17843/000119312526161577/0001193125-26-161577-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/17843/000119312526161577/d136074d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-161577

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