Fred Stephan Appointed as New CEO of Kaiser Aluminum
Kaiser Aluminum has announced the appointment of Fred Stephan as its new president, chief executive officer (CEO), and board member. The transition is set to take effect on November 1, with Stephan succeeding Keith Harvey, who will remain in an advisory role until October 31, 2027. Stephan previously served as Amcor's chief operating officer for global flexibles before retiring from the company this year and staying on as a consultant. He joined Amcor through its acquisition of Bemis in 2019. Kaiser Aluminum is a publicly traded firm with approximately $3.4 billion in annual sales, serving packaging and industrial markets. Kaiser recently reported strong second-quarter results, including a 34% year-over-year increase in packaging conversion revenue to $174 million and a 10% rise in shipments.
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Topics: leadership change packaging industry