STAMFORD – Crane Co. COO Alex Alcala has assumed the role of president and CEO on April 27, succeeding Max Mitchell, who has transitioned to the role of executive chair under the previously disclosed CEO succession plan.
Alcala has 13 years of experience within Crane and deep knowledge of the company’s markets, operations, and strategic priorities. During his tenure, Alcala has played a significant role in shaping the 171-year-old aerospace, defense and space company’s strategy, strengthening the portfolio, and driving disciplined execution across the organization.
“I am honored to step into this role and grateful to the board for its confidence,” said Mr. Alcala. “I have never been more energized by our technology, our global solutions, our culture, and our execution. I look forward to continuing to execute on our priorities, serving our customers, supporting our associates, and delivering long‑term value creation for our shareholders.”
Mitchell was named president and CEO in 2014 and was appointed board chair in April 2024.
During his tenure as CEO, Mitchell led a comprehensive transformation of Crane’s portfolio. He increased internal investment focused on next-generation technologies and new product development in higher-growth markets, completed more than $2 billion in acquisitions, and executed multiple divestitures.
Mitchell joined Crane in 2004 and has held a number of senior leadership roles, including president of the Process Flow Technologies Group, executive vice president and COO for the enterprise, and president and COO.
“It has been an honor and privilege to lead Crane and this incredible organization,” Mitchell said. “The transition has been seamless as expected and Crane is in excellent position for our future under Alex’s leadership.”
