Sims Metal Management Appoints Galdino Claro as New Chief Executive
Mr. Brunsdon said the appointment followed a comprehensive international search in which a number of excellent external and internal candidates were considered. Mr. Brunsdon said Mr. Claro's background made him well suited to lead Sims Metal Management at this time.
Mr. Claro has nearly 30 years of global executive leadership experience in the worldwide metals industry. He has, most recently, since July 2010, served as executive vice president and chief executive officer of metals & minerals at Harsco Corporation; a NYSE publicly-traded US$ 3 billion in revenues global provider of industrial solutions and engineered products with more than 400 locations in 50 countries.
Prior to joining Harsco in 2009, Mr. Claro served as CEO of Aleris Americas, a division of Aleris International Inc., a global leader in the aluminum rolling and recycling industries.
Prior to Aleris, Mr. Claro was the president and CEO of the metals processing group of Heico Companies LLC, a Chicago-based firm specializing in acquiring underperforming companies and growing them into industry leaders.
Mr. Claro joined Alcoa Inc, in 1986 where he held various positions over a twenty year period. He led the strategic growth of operations in the Asia-Pacific region as president of Alcoa China, in Europe as president of Alcoa Extrusions and in Latin America in several executive positions. Mr. Claro has a mechanical engineering background.
Mr. Geoff Brunsdon said, "I am delighted that Galdino has agreed to lead our company. He has the experience and tenacity, as well as the personal qualities and vision, to make the difficult decisions necessary to steer Sims Metal Management through the global environment it confronts at this time, as well as positioning the company for any recovery in international markets."
Mr. Claro said, "I am honored to be joining the Sims Metal Management team and look forward to building upon the company's remarkable heritage and global reach. The company has faced several challenging years, but I am excited about the opportunities that lie ahead."
Sims Metal Management is the world's largest listed metal and electronics recycler with approximately 270 facilities and 6,300 employees globally. During fiscal year 2013 the company generated approximately 63% of its revenue from operations in North America.