News & Analysis on the Bakery and Snacks Industries
People on the move August 2015
Novelis reveals president and CEO
By Joseph James Whitworth
- Last updated on
Steve Fisher has been named Novelis president and CEO.
Fisher was previously chief financial officer and has been serving as interim president and CEO since April 2015. He will continue to serve as CFO until a successor is named.
Kumar Mangalam Birla, chairman of the Board of Directors of Novelis, said: "Throughout his nine-year tenure, Steve has demonstrated extensive strategic and financial expertise and played a pivotal role in the company's growth.
“We are confident that under his leadership, Novelis will prosper and continue to strengthen its position as the innovative global leader in aluminum rolling and recycling."
Since joining the company in 2006, Fisher has served in a number of executive positions. During his tenure as CFO, Novelis invested $2bn to transform and grow its business.
Previously, Fisher served as VP strategic planning and corporate development where he spearheaded transactions across the company, most notably discussions that led to the acquisition of Novelis by Hindalco in 2007.
"Over the past several years, Novelis has helped shape the future of sustainable design in transportation, packaging, electronics and architectural markets around the globe," said Fisher.
“As we move forward, we will remain focused on optimizing our manufacturing and recycling operations, serving as the preferred partner to our customers, and continuing our growth in the premium markets of can, automotive and specialty products."