Ferroglobe Announces Leadership Changes to Drive Corporate Initiatives
June 01 2022 - 5:00PM
Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe” or the “Company”), a
leading producer of silicon metal, silicon-based alloys and
manganese-based specialty alloys, is pleased to announce changes to
its management team to drive the successful execution of key
operational and strategic priorities.
Dr. Benoist Ollivier is appointed to the newly
created role of Chief Technology & Innovation Officer and will
maintain his current role as Deputy CEO. With over twenty-five
years of experience in the industry, Dr. Ollivier will leverage his
unique technical and operational expertise to accelerate the
Company’s advancement into high-value products, including silicon
rich anodic material for lithium-ion batteries, whilst managing our
R&D driven innovation. Additionally, he will drive the
development and implementation of projects supporting our ESG
strategy. Dr. Ollivier has been a senior member of the Ferroglobe
and Grupo FerroAtlántica management teams since
2005. Most recently, he served as Ferroglobe’s Chief
Operating Officer.
Mr. Benjamin Crespy is appointed as Chief
Operating Officer and joins the senior leadership team of
Ferroglobe. In his new role, Mr. Crespy will work closely with
plant managers and mining operations to oversee the execution of
the operational strategy, which centers on health and safety and
optimization of our global asset base to maximize profitability.
Mr. Crespy will also contribute to the development of a global
purchasing and integrated supply chain capability across our
platform, aimed at unlocking significant financial value and
operational efficiency. Mr. Crespy joined Grupo FerroAtlántica in
2003, and has assumed different production responsibilities across
Europe, North America, and Asia. Since 2016, Mr. Crespy has
successfully managed the silicon metal facility in Bécancour,
Canada, on behalf of the joint venture, making it one of the
premier assets within the Ferroglobe portfolio.
Marco Levi, Ferroglobe’s Chief Executive
Officer, commented, “As Ferroglobe continues to drive change within
the company and the industry, it is critical that we have the right
leadership to support key strategic and financial initiatives.
Today’s announcement marks an important milestone as we look beyond
the value creation plan and focus on longer term, sustained growth
and profitability.”
Dr. Levi continued, “Benoist takes on a critical
new role which solidifies Ferroglobe’s commitment to building on
its legacy of innovation and focusing on higher value product and
applications aimed at supporting sustainable solutions for our
customers. His deep technical knowledge, coupled with his intimate
familiarity with the global assets are critical for this new role.
Benjamin has demonstrated strong leadership and developed an
exceptional operational track for managing assets and overseeing
projects across several geographies during his career with the
company. We are confident that he will draw on these vast
experiences and add significant value as we continue to enhance
flexibility across our asset footprint and leverage our production
capabilities to support new product innovation. On behalf of the
organization, I thank Benoist and Benjamin for their outstanding
contributions and wish them best of luck in their new roles.”
About Ferroglobe
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, electronics,
automotive, consumer products, construction and energy. The
Company is based in London. For more information, visit
http://investor.ferroglobe.com.
Forward-Looking Statements
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.
INVESTOR CONTACT:
Gaurav MehtaExecutive Vice President - Investor
Relationsinvestor.relations@ferroglobe.com
MEDIA CONTACT:
Cristina Feliu RoigExecutive Director – Communications, Branding
& Public Affairscorporate.comms@ferroglobe.com
Source: Ferroglobe PLC
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