8-KLeadership ChangesExhibits & Filings

CARPENTER TECHNOLOGY CORP 8-K Report, Executive Changes (Dec 16, 2005)

Filed December 16, 2005For Securities:CRS

Summary

This Form 8-K filing from Carpenter Technology Corporation (CRS) on December 16, 2005, primarily announces a significant leadership transition. The company disclosed that Terrence E. Geremski, the Senior Vice President, Finance and Chief Financial Officer, intends to retire in August 2006. Mr. Geremski will continue to serve in his current capacity until a successor is appointed, which is anticipated before June 30, 2006. This announcement is important for investors as it signals a change in financial leadership, a key role in corporate governance and financial strategy. Investors will likely want to monitor the search for and appointment of a new CFO, as well as understand the continuity of financial operations during this transition period.

Key Highlights

  • 1Announcement of CFO Terrence E. Geremski's intended retirement.
  • 2Retirement effective date is August 2006.
  • 3Mr. Geremski will remain in his role until a successor is named.
  • 4Successor expected to be designated before June 30, 2006.
  • 5The filing is made under Form 8-K, Item 5.02, concerning departures and appointments of principal officers.
  • 6Exhibit 99.1 includes the press release dated December 16, 2005, detailing this information.

Frequently Asked Questions

Terrence E. Geremski, Senior Vice President, Finance and Chief Financial Officer of Carpenter Technology Corporation, intends to retire.

His retirement is effective in August 2006, but he will continue to serve until his successor is designated.

The company expects to designate a successor before June 30, 2006.

No, this filing primarily concerns a personnel change. Items (a) and (b) for financial statements and exhibits are marked as 'None', with the press release containing the information being filed as Exhibit 99.1.