Carpenter Technology Corporation, producer and distributor of premium specialty alloys, including titanium alloys, nickel and cobalt based superalloys, stainless steels, alloy steels and tool steels, recently announced that Timothy (Tim) Lain has been named Vice President and Chief Financial Officer. He succeeds Damon Audia who left the Company for another role. Tim will report directly to Tony Thene, President and Chief Executive Officer.
Tim has over 20 years of financial experience including 11 years with the company. He currently serves as Vice President, Controller & Chief Accounting Officer. In this role, Tim has been responsible for all aspects of the company’s technical accounting and reporting matters, the tax function, and has participated extensively in the financial and strategic management of the Company. Tim holds a Bachelor’s Degree in Accounting from the Fox School of Business at Temple University and is a Certified Public Accountant.
The Company also announced the appointment of Elizabeth A. (Betsy) Socci as Vice President – Controller & Chief Accounting Officer to succeed Lain. Betsy brings significant accounting and management skills to the role of the Company’s principal accounting officer and currently serves as Director, Internal Audit, a position she has held since joining the company in March 2015.
