In his statement Ralph noted:  “I am fortunate to have the ability to make the personal decision to leave the workforce early so as to enjoy other aspects of my life. Working at Carpenter has been a great experience, and I want to ensure there is a smooth transition of my responsibilities before I leave.

Bill Wulfsohn, Carpenter CEO, cited Ralph's outstanding contributions to the Carpenter team. "Doug has brought not only very strong financial leadership to Carpenter, but also strong strategic and managerial leadership. His personal commitment to the highest standards of accountability, transparency, and integrity has helped us to set the tone for how Carpenter does business today."
 
Ralph will continue in his current role through the hiring and orientation of a new CFO, remaining with the company to support the transition.