Carpenter Names New Senior Vice President & Chief Financial Officer

Wed Jan 9, 2013 8:30am EST

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Tony R. Thene Replaces K. Douglas Ralph as CFO
WYOMISSING, Pa.--(Business Wire)--
Carpenter Technology announced today that Tony R. Thene has been selected as the
company`s Senior Vice President & Chief Financial Officer, effective January 31.
Mr. Thene replaces K. Douglas Ralph, who announced in September that he will
leave the company. Mr. Ralph will be involved as needed in an advisory capacity
during Mr. Thene`s transition. 

Mr. Thene will join Carpenter after 23 years with Aloca Inc. He is currently the
Chief Financial Officer for Alcoa`s Engineered Products and Solutions business
headquartered in New York City. Prior to his current position, Mr. Thene was
Vice President & Controller for Alcoa and was responsible for all corporate and
business technical accounting matters, including financial controls and all
Securities Exchange Commission filings. 

With 27 years of experience, Thene is a seasoned finance executive having served
in plant accounting, controllership, general management, divisional and
corporate finance positions throughout his career. He has significant mergers,
acquisitions and joint venture experience, plus process industry experience,
having spent the vast majority of his professional life at a global, publicly
traded metals company. His broad, international finance background and
experience in manufacturing have assisted in his ability to help develop, shape
and execute organizational strategy. 

Mr. Thene earned his undergraduate degree in Accounting from Indiana State
University and his MBA from Case Western Reserve University, Cleveland, Ohio. He
is also a Certified Public Accountant. 

About Carpenter

Carpenter Technology (NYSE:CRS), based in Wyomissing, PA, produces and
distributes specialty alloys, including stainless steels, titanium alloys and
superalloys, and various engineered products. Information about Carpenter can be
found at

Carpenter Technology
Media Inquiries:
William J. Rudolph, Jr., 610-208-3892
Investor Inquiries:
Michael A. Hajost, 610-208-3476

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