Carpenter Announces New Chief Financial Officer.Business Editors WYOMISSING, Pa.--(BUSINESS WIRE)--Jan. 26, 2001 Carpenter Technology Corp. (NYSE NYSE See: New York Stock Exchange :CRS) announced today that Terrence E. Geremski, formerly an executive vice president, chief financial officer (CFO See Chief Financial Officer. ) and a director at Guilford Mills, Inc. (NYSE:GFD), will become senior vice president - Finance and CFO at Carpenter, effective January 29. Geremski, 53, left Guilford Mills after serving as CFO for eight years at the Greensboro, N.C., automotive and apparel fabric manufacturer. He previously served as vice president and corporate controller of the Varity Corporation, and vice president, CFO, secretary and treasurer of Morris Bean & Company, a private company that makes custom precision aluminum and iron castings. Geremski, a CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. , holds a bachelor's degree in accounting from the University of Toledo National recognition In its 125-year history UT has garnered several national accolades. The University’s programs, faculty and facilities have been highlighted in the media, including and an MBA from The Ohio State University Ohio State University, main campus at Columbus; land-grant and state supported; coeducational; chartered 1870, opened 1873 as Ohio Agricultural and Mechanical College, renamed 1878. There are also campuses at Lima, Mansfield, Marion, and Newark. . Carpenter said that G. Walton Cottrell, currently senior vice president - Finance and CFO at the company, would retire in September. Effective January 29, he will serve as senior vice president, Strategic Planning, reporting to Dennis M. Draeger, president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. at Carpenter. Carpenter, based in Wyomissing, Pa., is a leading manufacturer and distributor of stainless steel, specialty alloys including titanium alloys, and various engineered products. Carpenter had sales of $1.1 billion in fiscal 2000 (ended June 30, 2000). More information about Carpenter is available at www.cartech.com. |
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