A sudden death has occurred at Carpenter Technology, a specialty materials manufacturer. The company's CEO, Brian Malloy, has passed away. This event happened just a short time after he took on the role of CEO.

The company made the announcement on Monday, revealing the unexpected news. Details about the circumstances surrounding Malloy's death are not provided in the initial report. Further information about this incident can be found through the company's announcement or other reports from the source, FOX 7 Austin.

At this time, only the basic facts of the CEO's passing and the timing in relation to his appointment are known.