Carpenter Appoints Haniford to Lead SAO Organization
June 22 2015 - 4:45PM
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Carpenter
Appoints Haniford to Lead SAO
Organization
New Senior VP Will Combine and Lead Commercial and
Operations Functions
WYOMISSING, Pa. (June 22, 2015) - Carpenter
Technology Corporation (NYSE:CRS) announced today that Joseph (Joe)
E. Haniford has been named Senior Vice President, Specialty Alloys
Operations (SAO), effective Monday, July 13. Mr. Haniford
will provide executive leadership to a newly integrated SAO
organization which has historically consisted of two functional
structures - Commercial and Operations. He brings to Carpenter
extensive leadership skills developed throughout his career which
include shop floor experience as an engineer and maintenance
superintendent, to ever-increasing roles in domestic and
international businesses including multi-plant management,
sales, marketing, and P&L roles. He has a proven track record
of generating customer and shareholder value in distinct businesses
serving the aerospace, transportation, industrial and metals
markets.
SAO has approximately 3,800 domestic and
international employees and accounts for $2 billion in annual
revenue.
Andrew T. Ziolkowski, current Senior Vice
President - Commercial SAO, will depart the organization on
December 31, 2015. David L. Strobel, current Senior Vice
President - Global Operations, has been named Senior VP & Chief
Technology Officer, effective July 13, 2015.
Joe joins us from EnTrans International where he
was responsible for all operations as the company's Chief Operating
Officer (COO) and was a member of the Board of Directors. With
operations across six countries and 2,600 employees, EnTrans
provides trailers and oil field fracking equipment for the
Transportation and Oil & Gas markets.
Prior to EnTrans International, Joe worked for
Alcoa, Inc. for more than 30 years in various executive leadership
positions and had P&L accountability for multiple businesses
during his career, most recently within the Alcoa Power and
Propulsion business unit. As Vice President and General Manager of
the $1 billon global Aerospace Airfoil business, Joe achieved major
improvements in safety, customer satisfaction, market growth,
operational excellence, and bottom line financial results. Prior to
that, Joe spent six years as President of Alcoa's Howmet Aluminum
Castings, and he was Vice President and General Manager of the
Forged & Cast Products business. He also spent numerous
years with Alcoa Rigid Packaging where he held positions as Vice
President and General Manager - Tennessee Operations, Vice
President Sales and Manufacturing Director - Tennessee &
Warrick Operations, and General Manager of Kaal Australia, a joint
venture between Alcoa Inc. and Kobe Steel.
Joe earned his Bachelor of Science degree in
Mechanical Engineering from Rose-Hulman Institute of Technology,
located in Terre Haute, IN.
###
Forward-Looking Statements
This news release contains
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements are based on management's current expectations and are
subject to risks, uncertainties and other factors that could cause
actual results to differ from those projected, anticipated or
implied. The most significant of these uncertainties are described
in Carpenter's filings with the Securities and Exchange Commission
including its annual report on Form 10-K for the year ended June
30, 2014, Form 10-Q for the quarters ended September 30, 2014,
December 31, 2014, and March 31, 2015, and the exhibits attached to
those filings. They include, but are not limited to, statements
regarding growth, profitability, revenues, strategic goals, mix
costs, and targeted financial performance. Any of these factors
could have an adverse and/or fluctuating effect on Carpenter's
results of operations. The forward-looking statements in this
document are intended to be subject to the safe harbor protection
provided by Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
Carpenter undertakes no obligation to update or revise any
forward-looking statements.
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Carpenter Technology Corp. via Globenewswire
HUG#1930441
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