PPG Industries Inc.’s senior vice president for industrial coatings will become president and CEO of Carpenter Technology, a maker of specialty alloys.
PPG announced William A. Wulfsohn’s resignation in a brief statement issue Monday (June 7); Carpenter made its announcement in a separate statement the same day. Wulfsohn’s resignation at PPG is effective June 11.
Wulfsohn, who joined Carpenter’s board of directors in April 2009, will replace interim CEO and president Gregory A. Pratt. Pratt will “continue to serve Carpenter as chairman of the board of directors,” the company said.
At PPG, Wulfsohn was responsible for the company’s automotive, industrial and packaging coatings businesses; its Asia/Pacific region; and its information-technology function. He had held that position since 2005; he joined PPG in 2003 as vice president, coatings, and managing director, PPG Europe. Prior to joining PPG, he held executive posts at Honeywell International and Morton International/Rohm and Haas Company.
Wulfsohn has a chemical engineering degree from the University of Michigan and an MBA from Harvard University.
PPG did not immediately name a successor to Wulfsohn.
"Throughout Bill's career, he has been a leader at companies known for innovative technology and best-in-class processes," Pratt said. "He has the experience, skill and commitment to help Carpenter achieve our vision for the future.”
Carpenter Technology, based in Reading, Pa., is an international developer, producer and distributor of specialty alloys, including high-temperature stainless steels, powder products, specialty tool and die steels, titanium alloys, and superalloys. The company serves the aerospace, industrial, medical, energy, automotive, and consumer sectors.