Ferroglobe Announces Appointment of Marco Levi as Chief Executive Officer
Dr. Levi has over thirty years of executive management and board level experience spanning the chemicals, plastic, rubber and paper industries. Dr. Levi is recognized for his track record in turning around multinational companies and transforming business units. He has held board director roles at a number of companies, and currently serves as a director of
Dr. Levi succeeds
Dr. Levi commented, “Ferroglobe is a global leader in its industry and has significant value which is currently unrealized by the market. I am excited to leverage my prior experiences to implement rapid change to return the Company to profitability. For several decades I have been reorienting industrial companies by taking a fresh look at the underlying business and transforming the platform to enhance competiveness and drive sustainable growth. Working with the Company’s Board and management team, I am confident we can unlock tremendous value for all stakeholders.”
Mr. Larrea commented, “I am grateful to
Ferroglobe PLC is one of the world’s leading suppliers of silicon metal, silicon- and manganese- based specialty alloys and ferroalloys, serving a customer base across the globe in dynamic and fast-growing end markets, such as solar, automotive, consumer products, construction and energy. The Company is based in London. For more information, visit http://investor.ferroglobe.com.
This release contains “forward-looking statements” within the meaning of U.S. securities laws. Forward-looking statements are not historical facts but are based on certain assumptions of management and describe Ferroglobe’s future plans, strategies and expectations. Forward-looking statements often use forward-looking terminology, including words such as “anticipate”, “believe”, “could”, “estimate”, “expect”, “forecast”, “guidance”, “intends”, “likely”, “may”, “plan”, “potential”, “predicts”, “seek”, “will” and words of similar meaning or the negative thereof.
Forward-looking statements contained in this press release are based on information currently available to Ferroglobe and assumptions that management believe to be reasonable, but are inherently uncertain. As a result, Ferroglobe’s actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements, which are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond Ferroglobe’s control.
Forward-looking financial information and other metrics presented herein represent Ferroglobe’s goals and are not intended as guidance or projections for the periods referenced herein or any future periods.
All information in this press release is as of the date of its release. Ferroglobe does not undertake any obligation to update publicly any of the forward-looking statements contained herein to reflect new information, events or circumstances arising after the date of this press release. You should not place undue reliance on any forward-looking statements, which are made only as of the date of this press release.
EVP – Investor Relations
Source: Ferroglobe PLC