According to a Reuter’s report, Century Aluminum Co. CFO Rick Dillon will be leaving the company in order to pursue another professional opportunity. A company report confirms the news and also announces that till the time the Board of Directors selects a replacement for Dillon, CEO Michael Bless, will assume interim responsibilities of the principal financial officer.
Century CEO Michael Bless
Dillon joined Century Aluminum in June 2014 as Executive Vice President and Chief Financial Officer. Mr. Dillon's resignation will be effective from December 2, 2016.
Commenting on Dillon’s departure, Mr. Bless said, “On behalf of everyone at Century, I would like to thank Rick for his service over the past couple years. Rick has made many important contributions to the company and we all wish him the best in his future endeavors.”
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Century Aluminum, a primary aluminium producer with facilities in the United Sates and Iceland recently reported a net loss of $58.3 million in Q3 against $9.5 million in Q2.
Notably, Century Aluminum stocks were trading about 40% higher in last week after the Presidential election results in anticipation that the company could be one of the beneficiaries of Mr. Trump's pro-American policies.
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