8-KCurrent report
Officer or director change
✓ VerifiedCarpenter Technology set its CEO succession: Brian Malloy joins the board July 1, 2026 and becomes president and chief executive at a $1,000,000 base salary, with Tony Thene moving to executive chairman.
Filed Apr 17, 2026 · 16:16 ET
Summary
- The board expanded from 11 to 12 directors and appointed Mr. Malloy effective July 1, 2026 as a Class III director.
- Mr. Malloy's base salary as president and chief executive officer will be $1,000,000 with a 125% target bonus and a $4,500,000 equity grant.
- Mr. Thene's compensation as executive chairman is a $1,000,000 base salary with a 100% target bonus and a $2,000,000 equity grant.
Key facts
- CEO salary
- $1,000,000
From the filing for CEO salary
“base salary for his service as President and Chief Executive Officer will be $1,000,000 per year effective July 1, 2026”
Why it mattersAn orderly succession lands mid-record-year for the premium alloys franchise.
- Filed
- Apr 17, 2026
- Accepted
- 2026-04-17 20:16Z
- Period
- Apr 13, 2026
- Accession no.
- 0001193125-26-161577
- Size
- 137 KB
- Index
- Filing index