New chairman for copper giant Aurubis

Europe – Jürgen Schachler has been named as the new executive board chairman of leading copper producer and recycler Aurubis.

Set to take up the role on April 1 next year, Schachler has been appointed initially until March 31 2019 and succeeds Dr Bernd Drouven, who will switch back to the supervisory board on November 1 this year. In the interim period between November 1 2015 and April 1 2016, Germany-based Aurubis will be led by executive board members Dr Stefan Boel (production and products) and Erwin Faust (cfo and corporate functions).

Schachler started his career in the chemicals industry in the 1980s before switching to leading steel company ArcelorMittal in 1993 where he has risen to oversee the South West Europe flat products division of ArcelorMittal Europe, which has 10 000 employees.

He comments: ‘The chance and the challenge of being able to shape Aurubis’ business in the next few years in a significant position within the group are compelling. The group provides every opportunity for further positive development on a very stable foundation.’