Carpenter Technology Announces General Counsel Succession Plan

Executive Succession Overview

On October 12, 2026, Carpenter Technology Corporation received notification from James D. Dee, Senior Vice President, General Counsel and Secretary, of his decision to retire effective December 31, 2026, after sixteen years of service with the company. Mr. Dee will remain in his current capacity through the end of 2026 to facilitate an orderly transition. The filing notes that Mr. Dee's retirement is not due to any disagreement on operations, policies, or practices.

To succeed Mr. Dee, the Board of Directors appointed Jed S. Freeman, the current Deputy General Counsel, to the role of Vice President, General Counsel and Secretary, effective January 1, 2027.

Background on Appointee

• Jed S. Freeman joined Carpenter Technology in 2007 and has served for nineteen years within the legal department, most recently overseeing legal, regulatory, compliance, real estate, and employment matters.
• Prior to joining the company, Mr. Freeman practiced litigation for over fourteen years handling complex commercial, employment, and civil litigation matters.
• He holds a bachelor's degree from Rutgers University and a J.D. from Saint Louis University School of Law.

Market and Governance Assessment

• Market Impact: Low. The change represents a well-planned internal succession for a key corporate legal role rather than an abrupt departure or strategic pivot.
• Related Transactions: The filing confirms no family relationships, third-party arrangements, or related-party transactions under Item 404(a) of Regulation S-K regarding Mr. Freeman.