Aleris Makes Appointments To Senior Leadership Team

Mike Keown Named Senior Vice President and General Manager, North America

Ronald Lane Named Senior Vice President, Global Manufacturing

Nov 16, 2015, 08:15 ET from Aleris

 

CLEVELAND, Nov. 16, 2015 /PRNewswire/ -- Aleris announced today two leadership appointments to its senior management team.  Mike Keown has been named senior vice president and general manager of Aleris North America.  Ronald Lane has been named senior vice president, Global Manufacturing.  Both executives report directly to President and CEO Sean Stack.

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“Mike and Ron are two seasoned leaders who have played a critical role in helping Aleris build considerable momentum over the past year as we drive our growth strategy and strengthen our operations and our position as a supplier to fast-growing industries like automotive, aerospace and building and construction,” Sean Stack, Aleris President and CEO said. 

Mr. Keown most recently served as vice president, Marketing and Supply Chain for North America.  Prior to that Mr. Keown spent three years working for Aleris in Europe, where he served most recently as vice president and general manager of our Extrusions business and vice president of Supply Chain, Europe.  Mr. Keown has been with the company for 17 years, holding positions of increasing responsibility in finance, metal procurement, supply chain and business unit management.

Mr. Lane served as vice president of operations in Aleris North America where he has brought new energy and focus to Aleris’ drive for enhanced operational excellence across North America.   Mr. Lane has a unique, broad background with extensive global experience, including several leadership positions within the specialty chemicals/materials industries.

“Mike is passionate about the products we make and the customers we serve, and he understands the complexity of our operations. Ron brings a similar passion for safety, an in-depth knowledge of operational reliability, and an excellent track record of operational improvement. Their addition to our senior leadership team will bring new energy to our focus on customers and operational excellence,” Stack said.

Today’s appointments will take effect immediately.

About Aleris
Aleris is a privately held, global leader in aluminum rolled products serving diverse industries including aerospace, automotive, building and construction, commercial transportation and industrial manufacturing.  Headquartered in Cleveland, Ohio, Aleris operates production facilities in North America, Europe and Asia. For more information, visit www.aleris.com. 

Forward-Looking Statements
Certain statements contained in this press release are “forward-looking statements” within the meaning of the federal securities laws. Statements about our beliefs and expectations and statements containing the words “may,” “could,” “would,” “should,” “will,” “believe,” “expect,” “anticipate,” “plan,” “estimate,” “target,” “project,” “look forward to,” “intend” and similar expressions intended to connote future events and circumstances constitute forward-looking statements. Forward-looking statements include statements about, among other things, future costs and prices of commodities, production volumes, industry trends, anticipated cost savings, anticipated benefits from new products, facilities, acquisitions or divestitures, projected results of operations, achievement of production efficiencies, capacity expansions, future prices and demand for our products and estimated cash flows and sufficiency of cash flows to fund capital expenditures. Forward-looking statements involve known and unknown risks and uncertainties, which could cause actual results to differ materially from those contained in or implied by any forward-looking statement.  Some of the important factors that could cause actual results to differ materially from those expressed or implied by forward-looking statements include, but are not limited to, the following: (1) our ability to successfully implement our business strategy; (2) the success of past and future acquisitions and divestitures; (3) the cyclical nature of the aluminum industry, material adverse changes in the aluminum industry or our end-use segments, such as global and regional supply and demand conditions for aluminum and aluminum products, and changes in our customers’ industries; (4) our ability to enter into effective metal, energy and other commodity derivatives or arrangements with customers to manage effectively our exposure to commodity price fluctuations and changes in the pricing of metals, especially London Metal Exchange-based aluminum prices; (5) increases in the cost of raw materials and energy; (6) our ability to generate sufficient cash flows to fund our capital expenditure requirements and to meet our debt service obligations; (7) our ability to fulfill our substantial capital investment requirements; (8) our ability to retain the services of certain members of our management; (9) our internal controls over financial reporting and our disclosure controls and procedures may not prevent all possible errors that could occur; (10) the loss of order volumes from any of our largest customers; (11) our ability to retain customers, a substantial number of whom do not have long-term contractual arrangements with us; (12) competitor pricing activity, competition of aluminum with alternative materials and the general impact of competition in the industry segments we serve; (13) risks of investing in and conducting operations on a global basis, including political, social, economic, currency and regulatory factors; (14) variability in general economic conditions on a global or regional basis;  (15) current environmental liabilities and the cost of compliance with and liabilities under health and safety laws; (16) labor relations (i.e., disruptions, strikes or work stoppages) and labor costs; (17) our levels of indebtedness and debt service obligations, including changes in our credit ratings, material increases in our cost of borrowing or the failure of financial institutions to fulfill their commitments to us under committed credit facilities; (18) our ability to access the credit and capital markets; (19) the possibility that we may incur additional indebtedness in the future; (20) limitations on operating our business as a result of covenant restrictions under our indebtedness, and our ability to pay amounts due under the Senior Notes; and (21) other factors discussed in our filings with the Securities and Exchange Commission, including the sections entitled “Risk Factors” contained therein. Investors, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements.  We undertake no obligation to publicly update or revise any forward-looking statements, whether in response to new information, futures events or otherwise, except as otherwise required by law. 

 

 

SOURCE Aleris



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