Sims Metal Management Limited
(ASX:SGM) has appointed Galdino Claro as chief executive officer and managing director, effective from November 4.
The world’s largest scrap metal recycler says the appointment follows a comprehensive international search in which both external and internal candidates were considered.
Sims chairman Geoff Brunsdon said Mr Claro’s background made him well suited to lead Sims Metal Management at this time.
Mr Claro has nearly 30 years of global executive leadership experience in the worldwide metals industry.
Most recently, Mr Claro has been executive vice president and chief executive officer of metals and minerals at Harsco Corporation, a publicly traded New York provider of industrial solutions and engineered product.
Sims booked a net loss of $466 million in fiscal 2013.
