Carpenter Technology CEO Torcolini Retiring

Thirty-three-year veteran will remain until successor is named.

WYOMISSING, Pa. (AP) - Carpenter Technology Corp., which makes corrosion-resistant materials for industries like automotive and aerospace, said Monday it has begun searching for a successor to Chief Executive Robert J. Torcolini.

Torcolini, 55, has not set a retirement date. He will remain chairman, president and CEO until a successor is installed.

Executive recruiter Korn/Ferry International is conducting the search.

Torcolini has been with Carpenter Technology for 33 years and has served in his current role since 2003.

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