Novelis announces new interim president

Novelis has announced that its Board of Directors has appointed Steve Fisher to serve as the company’s interim president, effective immediately. He replaces Philip Martens, the firm’s former president and CEO, and the search for a permanent chief executive is in progress.

“The Board would like to thank Phil for his service to Novelis during a critical time of growth and expansion,” says Mr. Kumar Mangalam Birla, chairman of the company’s Board of Directors.  “Given Steve’s deep knowledge of Novelis and strong support of the rest of the executive team, we have great confidence in his ability to lead the company during this interim period.”

Mr. Fisher has served as the company’s senior vice president and chief financial officer since 2007, and he will continue to serve in that capacity. He says, “I am honored to lead Novelis during the Board’s search for a new chief executive. The company’s commitment to our existing business strategy remains unchanged and I look forward to working with our strong senior executive team as we continue to focus on growing our portfolio of premium products and advancing our sustainability leadership.”