Alumina Limited
(ASX:AWC) has announced its Chief Executive Officer and Managing Director, Peter Wasow will retire on 31 May 2017.
The world's largest alumina and bauxite producer says a current Director of the Board, Mike Ferraro will become the new CEO from 1 June 2017.
Mike Ferraro has been a senior lawyer and investment banker in Australia and London. He was also Chief Legal Counsel at BHP
(ASX:BHP) from 2008 to 2010.
Alumina says it searched extensively for the next Chief Executive and Mike Ferraro’s professional experience and time on the board will ensure there is a smooth transition.
Share in Alumina Limited
(ASX:AWC) are currently trading 2.83% higher at $1.89.