Carpenter Technology Corporation, which produces specialty alloys, including titanium alloys, nickel and cobalt based superalloys, stainless steels, alloy steels and tool steels, has announced Timothy Lain as its new vice president and chief financial officer. He succeeds Damon Audia who has decided to leave the company for another role. Lain will report directly to Tony Thene, president and CEO. 

Lain has over 20 years of financial experience including 11 years with Carpenter. He currently serves as vice president and chief accounting officer, responsible for all aspects of the company’s technical accounting and reporting matters.

The company also announced the appointment of Elizabeth A Socci as vice president - controller & chief accounting officer to succeed Lain. Socci brings 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 Carpenter in March 2015.

This story is reprinted from material from Carpenter, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.