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Howard Yu Joins Carpenter Technology’s Board of Directors

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Carpenter Technology (NYSE: CRS) has announced the appointment of Howard Yu to its Board of Directors, effective October 9, 2024. Yu brings over 25 years of financial leadership experience in multinational organizations. He currently serves as Executive Vice President and Chief Financial Officer at Ball , a supplier of sustainable aluminum packaging solutions.

Prior to his current role, Yu was Senior Vice President and CFO at Envista, a global company spun off from Danaher. During his 22-year career with Danaher and Envista, Yu held CFO positions for multiple global divisions, leading successful M&A and systems transformations across varied economic environments. He previously worked in finance at Hewlett-Packard and as Senior Auditor at Deloitte.

Martin Inglis, Chairman of Carpenter Technology's Board, expressed confidence that Yu's extensive leadership experience and financial acumen will significantly benefit the company as it accelerates growth and delivers shareholder returns.

Carpenter Technology (NYSE: CRS) ha annunciato la nomina di Howard Yu nel suo Consiglio di Amministrazione, con effetto dal 9 ottobre 2024. Yu porta con sé oltre 25 anni di esperienza nel leadership finanziaria in organizzazioni multinazionali. Attualmente ricopre il ruolo di Vice Presidente Esecutivo e Direttore Finanziario presso Ball, un fornitore di soluzioni di imballaggio in alluminio sostenibile.

Prima del suo attuale incarico, Yu è stato Vice Presidente Senior e CFO presso Envista, una compagnia globale scorporata da Danaher. Durante la sua carriera di 22 anni con Danaher ed Envista, Yu ha ricoperto posizioni di CFO per diversi divisioni globali, guidando con successo operazioni di fusione e acquisizione e trasformazioni sistemiche in vari contesti economici. Ha precedentemente lavorato nella finanza presso Hewlett-Packard e come Revisore Senior presso Deloitte.

Martin Inglis, Presidente del Consiglio di Amministrazione di Carpenter Technology, ha espresso fiducia nel fatto che l'ampia esperienza di leadership e le competenze finanziarie di Yu apporteranno significativi benefici all'azienda mentre accelera la crescita e offre ritorni agli azionisti.

Carpenter Technology (NYSE: CRS) ha anunciado el nombramiento de Howard Yu en su Junta Directiva, a partir del 9 de octubre de 2024. Yu aporta más de 25 años de experiencia en liderazgo financiero en organizaciones multinacionales. Actualmente se desempeña como Vicepresidente Ejecutivo y Director Financiero en Ball, un proveedor de soluciones de envasado de aluminio sostenible.

Antes de su actual rol, Yu fue Vicepresidente Senior y CFO en Envista, una empresa global que se escindió de Danaher. Durante su carrera de 22 años en Danaher y Envista, Yu ocupó puestos de CFO en múltiples divisiones globales, liderando exitosas fusiones y adquisiciones y transformaciones de sistemas en diversos entornos económicos. Anteriormente trabajó en finanzas en Hewlett-Packard y como Auditor Senior en Deloitte.

Martin Inglis, Presidente de la Junta de Carpenter Technology, expresó su confianza en que la amplia experiencia de liderazgo y el conocimiento financiero de Yu beneficiarán significativamente a la empresa mientras acelera su crecimiento y entrega rendimientos a los accionistas.

Carpenter Technology (NYSE: CRS)는 2024년 10월 9일자로 Howard Yu를 이사회의 일원으로 임명했다고 발표했습니다. Yu는 다국적 조직에서 25년 이상의 재무 리더십 경험을 가지고 있습니다. 그는 현재 지속 가능한 알루미늄 포장 솔루션 공급업체인 Ball의 부사장 겸 CFO로 재직 중입니다.

현재 역할 이전에 Yu는 Danaher에서 분사된 글로벌 회사 Envista의 수석 부사장 및 CFO였습니다. Danaher와 Envista에서 22년 경력 동안, Yu는 여러 글로벌 사업부에서 CFO 역할을 맡았으며, 다양한 경제 환경에서 성공적인 M&A 및 시스템 변화를 이끌었습니다. 그는 이전에 Hewlett-Packard에서 재무부서에서 근무했으며 Deloitte에서 수석 감사원으로 일한 경험이 있습니다.

Carpenter Technology 이사회의 의장인 Martin Inglis는 Yu의 광범위한 리더십 경험과 금융 전문성이 회사의 성장을 가속화하고 주주 수익을 제공하는 데 상당한 도움이 될 것이라고 확신했습니다.

Carpenter Technology (NYSE: CRS) a annoncé la nomination de Howard Yu à son Conseil d'Administration, à compter du 9 octobre 2024. Yu apporte plus de 25 ans d'expérience en leadership financier au sein d'organisations multinationales. Il occupe actuellement le poste de Vice-Président Exécutif et Directeur Financier chez Ball, un fournisseur de solutions d'emballage en aluminium durable.

Avant son rôle actuel, Yu a été Vice-Président Senior et CFO chez Envista, une entreprise mondiale issue de Danaher. Au cours de sa carrière de 22 ans chez Danaher et Envista, Yu a occupé des postes de CFO pour plusieurs divisions mondiales, menant avec succès des fusions et acquisitions ainsi que des transformations de systèmes dans divers environnements économiques. Il a précédemment travaillé dans la finance chez Hewlett-Packard et en tant qu'Auditeur Senior chez Deloitte.

Martin Inglis, Président du Conseil d'Administration de Carpenter Technology, a exprimé sa confiance dans le fait que l'expérience de leadership étendue et les compétences financières de Yu bénéficieront considérablement à l'entreprise alors qu'elle accélère sa croissance et fournit des rendements aux actionnaires.

Carpenter Technology (NYSE: CRS) hat die Ernennung von Howard Yu in seinen Vorstand bekannt gegeben, die am 9. Oktober 2024 in Kraft tritt. Yu bringt über 25 Jahre Erfahrung in der finanziellen Führung in multinationalen Unternehmen mit. Derzeit ist er Executive Vice President und Chief Financial Officer bei Ball, einem Anbieter von nachhaltigen Aluminiumverpackungslösungen.

Vor seiner aktuellen Position war Yu Senior Vice President und CFO bei Envista, einem globalen Unternehmen, das von Danaher ausgegliedert wurde. Während seiner 22-jährigen Karriere bei Danaher und Envista hatte Yu CFO-Positionen in mehreren globalen Divisionen inne und leitete erfolgreich M&A-Transaktionen sowie Systemtransformationen in verschiedenen wirtschaftlichen Umfeldern. Zuvor arbeitete er in der Finanzabteilung von Hewlett-Packard und als Senior Auditor bei Deloitte.

Martin Inglis, Vorsitzender des Vorstands von Carpenter Technology, äußerte das Vertrauen, dass Yus umfangreiche Führungserfahrung und finanzielle Kompetenz dem Unternehmen erheblich nützen werden, während es das Wachstum beschleunigt und den Aktionären Renditen bringt.

Positive
  • Appointment of Howard Yu, an experienced financial leader, to the Board of Directors
  • Yu brings over 25 years of financial leadership experience in multinational organizations
  • Yu's expertise in M&A and systems transformations across global economic environments
  • Potential for Yu's experience to contribute to accelerating growth and delivering shareholder returns
Negative
  • None.

PHILADELPHIA, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) announced today that Howard Yu has been appointed to the Company’s Board of Directors, effective October 9, 2024.

Mr. Yu brings more than 25 years of financial leadership experience in large multinational organizations. Mr. Yu is currently the Executive Vice President, Chief Financial Officer for Ball Corporation, a supplier of innovative, sustainable aluminum packaging solutions for beverage, personal care and household products customers. Prior to his current role, Mr. Yu served as Senior Vice President and Chief Financial Officer for Envista, a publicly traded global company and spin-off of Danaher. Throughout his 22-year Danaher and Envista career, Mr. Yu served as Chief Financial Officer for multiple global divisions in Asia, Europe, and Latin America where he led successful M&A and systems transformations through varied global economic environments to drive shareholder value creation. Prior to joining Danaher, he worked in finance at Hewlett-Packard and as Senior Auditor at Deloitte.

“We welcome Howard to Carpenter Technology’s Board of Directors. We are confident that Howard’s extensive leadership experience, combined with his broad financial acumen, will be a significant benefit to Carpenter Technology as we continue to accelerate our growth and deliver shareholder returns.” said Martin Inglis, Chairman of the Board of Directors.  

About Carpenter Technology

Carpenter Technology Corporation is a recognized leader in high-performance specialty alloy materials and process solutions for critical applications in the aerospace and defense, medical, transportation, energy, and industrial and consumer markets. Founded in 1889, Carpenter Technology has evolved to become a pioneer in premium specialty alloys including nickel, cobalt, and titanium and material process capabilities that solve our customers' current and future material challenges. More information about Carpenter Technology can be found at www.carpentertechnology.com.

Media Inquiries:
Heather Beardsley
+1 610-208-2278
hbeardsley@cartech.com
Investor Inquiries:
John Huyette
+1 610 208-2061
jhuyette@cartech.com

FAQ

Who is Howard Yu and why was he appointed to Carpenter Technology's (CRS) Board of Directors?

Howard Yu is an experienced financial leader with over 25 years of experience in multinational organizations. He was appointed to Carpenter Technology's Board of Directors effective October 9, 2024, due to his extensive leadership experience and broad financial acumen, which are expected to benefit the company's growth and shareholder returns.

What is Howard Yu's current role outside of Carpenter Technology (CRS)?

Howard Yu currently serves as the Executive Vice President and Chief Financial Officer for Ball , a supplier of innovative, sustainable aluminum packaging solutions for beverage, personal care, and household products customers.

What was Howard Yu's role before joining Ball ?

Before joining Ball , Howard Yu served as Senior Vice President and Chief Financial Officer for Envista, a publicly traded global company and spin-off of Danaher. He also held CFO positions for multiple global divisions during his 22-year career with Danaher and Envista.

How does Carpenter Technology (CRS) expect to benefit from Howard Yu's appointment to the Board?

Carpenter Technology expects to benefit from Howard Yu's extensive leadership experience and broad financial acumen. The company believes his expertise will contribute significantly as they continue to accelerate growth and deliver shareholder returns.

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