JSE-listed aluminium semifabricator Hulamin reports that CEO Richard Jacob will retire on September 30, having served the company for 32 years and leading as CEO for the past 12 years.
While the company’s nomination committee undertakes the process of finding Jacob’s successor, nonexecutive board member Geoff Watson will serve as interim CEO from October 1.
Watson has broad global industrial experience spanning across China, Asia, Russia, the US, Africa and Australia, with core expertise in the aluminium processing industry. He has held executive positions with Alcoa Kaal Australia, Alcoa Bohai (China), Steelforce (Australia), Seema International (Hong Kong) and UC Rusal (Switzerland).
Following Watson’s appointment as the interim CEO, he will resign as a member of the remuneration and nomination committee and as risk committee chair.