A second Sims metal management
(ASX:SGM) executive is exiting the company in just over a month.
The embattled scrap metal recycler is looking for a fresh start, in the wake of a fraud scandal involving $430 million in write downs.
Yesterday, the exit of European boss Graham Davy was announced, but no reason for his departure has yet been given.
His departure follows the announcement late last month that chief executive Daniel Dienst would be retiring in June.
Sims metal management last reported a net loss of $296 million to December 31st.
