Carpenter Technology's new chief executive Brian Malloy died suddenly on 24 July, three weeks after taking the top job, forcing retired boss Tony Thene back into the role to steady a supplier critical to US defence and aerospace.
The company said Malloy passed away 'suddenly and unexpectedly', without disclosing a cause. He was 59. Carpenter's board named Thene, its executive chairman, to return as chief executive with immediate effect, and he will keep the chairman's title he has held since stepping down as CEO in June.
