09 SEPTEMBER 2011platts
Aluminum extruder Sapa sees 'business as usual' after CEO change
Edited by : AL CIRCLE
1 min read
Aluminum extruder and sheetmaker Sapa expects "business as usual" and is planning no change in strategy or ownership in the near term, following the announcement last week of a change in leadership, new President and CEO Svein-Rore Holsether told Platts Thursday.
Holsether replaced Tim Stubbs as CEO effective September 2. Stubbs has assumed a new position at investment company Sun Capital in London. Sun Capital owned Indalex, where Stubbs was CEO, before Sapa bought the company in 2009.
Holsether replaced Tim Stubbs as CEO effective September 2. Stubbs has assumed a new position at investment company Sun Capital in London. Sun Capital owned Indalex, where Stubbs was CEO, before Sapa bought the company in 2009.
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