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Martens leaves aluminium recycler Novelis

United States – The company claiming to be the world’s largest aluminium recycler has a new man at the helm. Novelis Inc. has appointed Steve Fisher to serve as its interim president following the departure of former president and ceo Philip Martens. ‘The search for a permanent chief executive is under way,’ it adds.

Fisher has served as the company’s senior vice president and chief financial officer since 2007 and will continue in that capacity. ‘The company’s commitment to our existing business strategy remains unchanged and I look forward to working with our strong senior executive team as we continue to focus on growing our portfolio of premium products and advancing our sustainability leadership,’ he comments.

As reported in Recycling International earlier this year, the company plans to have invested US$ 2 billion worldwide by the year 2020 in its bid to boost the recycled content of its products to 80% from 33% in 2010 and 50% this year.

The chairman of Novelis’ board of directors Kumar Mangalam Birla has thanked Martens for his service ‘during a critical time of growth and expansion’.

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