PHILADELPHIA, PA — Carpenter Technology Corporation (NYSE: CRS) has announced a quarterly cash dividend of $0.20 per share for its common stockholders, payable on December 5, 2024. Shareholders registered by October 22, 2024, will be eligible to receive the dividend.
In addition to the dividend announcement, Carpenter Technology welcomed Howard Yu to its Board of Directors, effective October 9, 2024. Yu brings a wealth of financial expertise to the company, currently serving as the Executive Vice President and Chief Financial Officer at Ball Corporation. His extensive career spans over 25 years, with significant roles at Envista and Danaher, where he led financial operations across Asia, Europe, and Latin America. His background includes financial leadership at Hewlett-Packard and auditing at Deloitte.
Martin Inglis, Chairman of the Board, expressed enthusiasm for Yu’s appointment, stating, “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.”
These announcements spotlight Carpenter Technology’s efforts to enhance shareholder value and strengthen its leadership team to navigate future growth opportunities.
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