Tony R. Thene has been the CEO of Carpenter Technology Corporation since July 1, 2015. Before becoming CEO, he was the Senior Vice President and CFO of the company, so he knows the ins and outs of the business. Previously,...

Tony R. Thene has been the CEO of Carpenter Technology Corporation since July 1, 2015. Before becoming CEO, he was the Senior Vice President and CFO of the company, so he knows the ins and outs of the business. Previously, he spent 23 years at Alcoa, a major aluminum manufacturer, where he also served as CFO for one of their business units. Thene is a Certified Public Accountant, which shows he has a strong background in finance. His leadership has been key during tough times, like when Carpenter Technology had to adapt to challenges during the COVID-19 pandemic. Under his direction, the company has maintained its 113-year record of uninterrupted dividend payments to shareholders, demonstrating a commitment to financial stability. In 2022, Thene’s total compensation was around $6.43 million, a reflection of his performance-based pay structure. His deep knowledge of finance and his hands-on experience in the metals industry help him navigate the company through both opportunities and challenges.