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Crane President, CEO Max Mitchell To Serve As Executive Chairman, COO Alex Alcala Promoted To President, CEO

Benzinga·01/26/2026 21:24:01
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Crane Company ("Crane," NYSE: CR) today announced its financial results for the fourth quarter of 2025 and initiated its full-year 2026 adjusted EPS outlook.

  • Alex Alcala, Crane's current Executive Vice President & Chief Operating Officer, promoted to President & Chief Executive Officer effective at the April 27, 2026 annual meeting.
  • Max Mitchell, Crane's current Chairman, President & Chief Executive Officer, to serve as Executive Chairman for a transitional period, also effective as of April 27, 2026.
  • Reflects well-established and orderly succession plan, enabling continuity in executing on successful growth strategies.