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International Business Times UK
International Business Times UK
Joycelyn Uy

CEO of $3 Billion Steel Company Dies Suddenly Just 21 Days After Taking Office

Just three weeks after taking the helm of a $3 billion manufacturing giant, Carpenter Technology CEO Brian Malloy has died suddenly at 59. (Credit: Photo by Luiza Puculowski Malloy / Facebook)

Brian J Malloy, the recently appointed chief executive of Carpenter Technology Corp – a steel company generating roughly £2.3 billion ($3 billion) a year – died unexpectedly on Friday, just over three weeks after taking office.

The 59-year-old executive had only been promoted to lead the major aerospace and military alloys supplier on 1 July.

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