Carpenter Technology Corporation, Philadelphia, Pennsylvania, USA, has made changes to its leadership team which see Brian Malloy named as senior vice president and group president of Carpenter Technology’s Performance Engineered Products (PEP) segment, and Marshall Akins promoted to vice president and Chief Commercial Officer.
In his new role, Malloy will lead the PEP portfolio of businesses (Carpenter Additive, Dynamet Inc. and Carpenter Distribution) and related services. He will be responsible for leading PEP’s safety performance, driving growth, ensuring operational performance and enabling commercial excellence. In addition to the leadership of the PEP segment, he will also lead the company’s marketing organisation and electrification efforts. Malloy assumed interim leadership of the PEP business segment in July 2021, while serving as senior vice president and Chief Commercial Officer, the role he held since August of 2020.
“Brian’s knowledge of the PEP business coupled with his in-depth understanding of our markets and our customers strategically position Brian to lead the PEP segment to deliver sustained growth and value,” stated Tony Thene, president and Chief Executive Officer.
Under his new role, Akins will oversee the company’s commercial operations and execution of key commercial growth strategies. This includes commercial strategy, market development, and sales and customer support across Carpenter Technology. He will also join the company’s executive leadership team.
Akins joined Carpenter Technology in 2016 as vice president – aerospace, where he led the company’s aerospace and defence market. Prior to joining Carpenter Technology, Akins worked for the Boston Consulting Group, a global management consulting firm, most recently as Principal in the Boston, MA office.
Thene added, “Marshall’s deep customer knowledge and extensive leadership experience are critical to accelerate our commercial activities and further differentiate Carpenter Technology as an established and respected supplier and solutions provider.”