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CAMP HILL, Pa., July 31, 2014 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE:HSC) announced today the completion of its previously announced executive leadership plans with the appointment of F. Nicholas Grasberger as the Company's President and Chief Executive Officer, effective immediately.
Mr. Grasberger succeeds David Everitt, who has been serving as Interim Chief Executive Officer since February 28, 2014. Mr. Everitt will continue as a member of the Board of Directors and has been elected to succeed Henry W. Knueppel as Non-Executive Chairman, effective immediately. Mr. Knueppel will continue to serve on the Board as an independent director.
"Since Nick's appointment to the role of Chief Operating Officer in April, he and Dave have been working closely to ensure a seamless leadership transition, which has allowed us to complete our CEO succession as planned," said Mr. Knueppel. "The Board has been very pleased with Nick's rapid assumption of his new responsibilities and his success in driving Harsco's transformation, of which he has been a principal architect. At the same time, Dave's first-hand perspectives and insights from his tenure as interim CEO will be highly valuable to the Board and we are grateful that he has agreed to assume the Chairman role."