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NewsBauxiteDry bulk commodity trading house International Materials appoints Michael R. Kirby as Chief Financial Officer
26 OCTOBER 2022AlCircle.com

Dry bulk commodity trading house International Materials appoints Michael R. Kirby as Chief Financial Officer

Edited by : Rupankar Majumder
2 min read
Dry bulk commodity trading house International Materials appoints Michael R. Kirby as Chief Financial Officer

On October 25, 2022, International Materials LLC (IMI), the dry commodity trading company sourcing and shipping raw materials globally, like bauxite, among others, announced the appointment of Michael R. Kirby as Chief Financial Officer, w.e.f. October 31, 2022. Kirby will succeed Dan O’Bryon, who stepped down from his position after seven years of service to IMI.

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International Materials appoints Michael R. Kirby as Chief Financial Officer

Michael Kirby brings over 25 years of experience across the financial services, commodities, banking, and technology industries.

He was in the U.S., London, and Hong Kong while holding Chief Financial Officer and Chief Operating Officer positions within Noble Group, James Alpha Liquid GSE, and RBS Sempra Commodities. However, he successfully led the divestment of four Noble Group businesses at Noble, three of which generated total proceeds above $2 billion over four months.

Founded in 1987, International Materials (IMI) is a dry bulk commodity trading company that sources and ships raw materials worldwide. IMI ships and sells over 30 million tons of bauxite, gypsum, clinker, cement, iron ore, and other products annually.

While in his tenure with Sempra Commodities, Kirby managed asset transfers and servicing arrangements for businesses with an asset value exceeding $20 billion for the company’s global oil, gas and power, and metals trading businesses. When reporting on his banking career, he held market risk management, credit risk and financial analyst positions at Deutsche Bank, Nations Bank, and Morgan Stanley.

 Robert Walsh, the Chief Executive Officer at International Materials, said, "Michael is a seasoned financial executive with a strong background in the commodity trading market and extensive global financial experience. He will play a key role at IMI as the company continues its growth trajectory."

Future of the Global Aluminium Casting Industry

Kirby holds a Bachelor of Business Administration in Finance and Business Economics from the University of Notre Dame, and an MBA from the University of Chicago Booth School of Business.

IMI markets approximately 500,000 MT of bauxite annually specifically for cement applications in North and South America.

Tagged with:Appointment and departureBauxite trade

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