SCHAUMBURG, IL – Global Brass and Copper, Inc. (“GBC”) announced today that John J. Wasz has been hired as President of GBC Metals, LLC doing business as Olin Brass, GBC’s largest division. Mr. Wasz has held a variety of executive leadership and commercial roles in the metals industry for more than 27 years, most recently serving in an active role as Executive Vice President and President Rolled Products for Aleris International, Inc.
“John has a solid track record of improving financial performance by implementing transformative change across an organization, and he is experienced in driving industry consolidation within the metals sector,” commented John J. Walker, Chief Executive Officer of GBC. “We welcome John to our team and look forward to his leadership.”
“I’m excited to join an organization with such a strong market reputation and rich history of product innovation,” said Mr. Wasz. “I look forward to leading this company through the next phases of its evolution.”
Mr. Wasz began his career with Reynolds Metals Company in 1982. He joined Commonwealth Industries, Inc.’s (“CII”) Commonwealth Aluminum subsidiary in 1985 as a National Account Manager and held a variety of commercial and supply chain roles including Vice President, Marketing and Sales and Vice President, Materials.
In 1999, Mr. Wasz was named Vice President, Operations for Alflex Corporation, another subsidiary of CII. He was promoted to President of Alflex Corporation and Executive Vice President of CII in 2001 where he led a significant restructuring and turnaround. Following the 2004 merger of CII with IMCO Recycling Inc., Mr. Wasz was named Executive Vice President and President Rolled Products for Aleris International, Inc., the company established through the merger.
About Global Brass and Copper, Inc.
Headquartered in Schaumburg, Illinois, Global Brass and Copper, Inc. ("GBC") is the leading manufacturer and distributor of copper and copper-alloy sheet, strip, plate, foil, rod, and fabricated components in North America and one of the largest in the world. GBC employs over 2,000 employees, and operates manufacturing facilities in East Alton, Illinois; Montpelier and Bryan, Ohio; Waterbury, Connecticut; and Cuba, Missouri; along with joint ventures in Japan and China. The company also operates A.J. Oster, the leading service center and distributor of brass and copper products in North America. GBC and its subsidiaries sell products under the Olin Metals, Olin Brass, and Chase Brass brand names. For further information visit www.gbcmetals.com, www.olinbrass.mainteractive-host2.com, or www.chasebrass.com.
GBC Metals, LLC doing business as GBC is owned by KPS Capital Partners, LP, the manager of the KPS Special Situations Funds, a family of private equity funds with over $2.6 billion of committed capital focused on constructive investing in restructurings, turnarounds and other special situations. The KPS investment strategy and portfolio companies are described in detail at the firm’s website: www.kpsfund.com.
Director, Human Resources; Olin Brass
427 N. Shamrock Street; East Alton, IL 62024