Steel company CEO, 59, dies ‘suddenly’ just weeks after taking over top job

Shares fell about 4% for the firm in trading Monday on news of Molloy's death

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 pro

Carpenter Technology Corp. promoted Brian J. Malloy to the top job on July 1. His predecessor, Tony Thene, has stepped back in.