Silicon and bulk alloys producer Ferroglobe has appointed Marco Levi as its chief executive officer, replacing Pedro Larrea, who leaves the company to seek new professional challenges, according to a company statement on Monday January 13.
The new chief executive will be in charge of designing a new strategy that will lead the ferro-alloys maker, which has recently moved its headquarters to Madrid, Spain, from London, United Kingdom, toward growth and stability. Ferroglobe, which trades on the Nasdaq, has lost virtually 95% of its share value in the past couple of years.Levi has more than thirty years of experience in executive management in the chemical, plastic, rubber and paper industries....