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CEO of steel company dies suddenly, just weeks after taking helm
['Sophia Compton']
Latest & Breaking News | Fox Business
Carpenter Technology CEO Brian Malloy died suddenly just weeks after taking the helm of the specialty materials manufacturer, the company announced Monday.
Malloy, who became president and CEO July 1, died "suddenly and unexpectedly" Friday, July 24, according to a news release from the Philadelphia-based company.
"I am honored to be named the next CEO of Carpenter Technology," Malloy said in February.
"Tony’s strategic vision has reshaped Carpenter Technology by building a culture of performance, strengthening our market position, and delivering meaningful value for all stakeholders."
Ticker Security Last Change Change % CRS CARPENTER TECHNOLOGY CORP. 559.98 -10.68 -1.87%CRACKER BARREL CEO JULIE MASINO TO STEP DOWNBefore joining Carpenter Technology, Malloy held senior leadership roles at Ametek and Alcoa.