Summary
Carpenter Technology Corporation (CRS) announced a significant addition to its Board of Directors with the appointment of William A. Wulfsohn, effective April 21, 2009. Mr. Wulfsohn brings a wealth of experience from senior leadership roles at major industrial companies like PPG Industries and Honeywell International, particularly within coatings and materials sectors. His background is expected to provide valuable strategic insights as the Company navigates its business operations.
Key Highlights
- 1William A. Wulfsohn appointed to the Board of Directors, effective April 21, 2009.
- 2Mr. Wulfsohn brings extensive executive experience from PPG Industries and Honeywell International.
- 3His expertise is in areas such as coatings, materials, and international business management.
- 4Mr. Wulfsohn will receive standard compensation for non-employee directors, including cash and equity.
- 5The filing does not indicate any specific committee assignments for Mr. Wulfsohn at this time.
- 6There are no pre-existing understandings or arrangements related to Mr. Wulfsohn's appointment.
Frequently Asked Questions
William A. Wulfsohn is a seasoned executive with a strong background in senior leadership roles at industrial giants like PPG Industries and Honeywell International. His appointment to the Board of Directors is significant as he brings substantial experience in relevant sectors, which can offer strategic guidance and oversight to Carpenter Technology Corporation.
Mr. Wulfsohn will be compensated according to the Company's standard package for non-employee directors. This package includes a combination of cash retainers and equity awards, such as restricted stock and stock options.
No, the filing explicitly states that there are no understandings or arrangements between the Company, Mr. Wulfsohn, or any other person concerning his selection as a director.
Mr. Wulfsohn has held positions such as Senior Vice President – Coatings at PPG Industries, and previously with Honeywell International and Rohm & Haas/Morton International. His experience spans areas like coatings, materials, international management, and business development, particularly in the automotive sector.