The Daily Beast
US · 2 hrs ago
CEO Dies Suddenly After Taking Over $3 Billion Company
Facebook/ Luiza Malloy
The chief executive of a major U.S. steel manufacturer has died unexpectedly just three weeks after taking over the company’s top leadership role. Brian Malloy, 59, died suddenly on Friday after being named CEO of Carpenter Technology Corp., a 137-year-old Pennsylvania-based manufacturer that produces specialty stainless-steel alloys for the medical, aerospace, and defense industries and is valued at approximately $3 billion. The company, which employs more than 4,500…
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