BEACHWOOD, OH - October 4, 2011 - Aleris today announced that it will align its organization structure to better support the company's global growth strategies and the global market objectives of its customers. The new structure will take effect January 1, 2012. Two global business units will be created -- Rolled & Extruded Products, and Recycling. As part of the new organization structure, the company will focus on three global market segments: aerospace & defense, automotive and heat exchanger. The new structure also will facilitate global growth in Aleris' recycling business.
"This new structure will support our customer-driven approach to business, leverage process excellence within the company and increase the efficiency of our capital investments," said Steven J. Demetriou, Aleris chairman and chief executive officer. "We have made good progress executing on our growth strategy, but we believe the new organization will enable a more aggressive and focused approach to our key global market segments, and better enable us to deliver new products and technologies to meet customer needs."
Roeland Baan will become executive vice president and chief executive officer of Global Rolled & Extruded Products. Baan currently serves as executive vice president and chief executive officer, Europe and Asia. K. Alan Dick, currently executive vice president and president, Rolled Products North America, will become executive vice president and chief executive officer, Global Recycling.
Stephen S. Stone will become senior vice president & general manager, Rolled Products North America and Olli-Matti Saksi becomes senior vice president & general manager, Rolled Products Europe. Both will report to Roeland Baan. The leaders of Aleris' global market segments will be Andreas Gondorf, vice president, Automotive; Johan Petry, vice president, Aerospace & Defense and Torsten Seifert, vice president, Heat Exchanger. These three global market segment leaders also will report to Roeland Baan.
Terrance J. Hogan and Roland Leder will report to Alan Dick, and will be senior vice president & general manager, Recycling & Specification Alloys Americas, and vice president & general manager, Recycling Europe, respectively.
No job losses are expected as a result of this change.
About Aleris
Aleris is a privately-held, global leader in aluminum rolled products and extrusions, aluminum recycling and specification alloy production. Headquartered in Beachwood, Ohio, the company operates more than 40 production facilities in North America, Europe and Asia.
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