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Sims CEO set to retire

United States – Sims Metal Management has announced that its CEO, Daniel Dienst, will retire when his contract expires on 30 June. He will also resign his position on the company’s board of directors.

Mr Dienst said that, after nine years as CEO, ‘now is the right time to bring the next leader into the organisation’. But he added: ‘I make this decision with mixed emotions. It has been a rare privilege to lead such a dedicated group of employees committed to building the largest, safest and most sustainable metals and electronics recycling company in the world.’

Sims Chairman Geoff Brunsdon commented: ‘The board would like to acknowledge the enormous contributions Mr Dienst has made to the company.’ The integration of Metal Management and Hugo Neu as well as the establishment of the company’s beachhead in the mainland Chinese market were among examples of his dedication and performance, Mr Brundson said.

The Sims board and Mr Dienst have pledged to commence a global search for a new CEO with the objective of ensuring a smooth transition, and did not rule out internal candidates.

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