Global Brass and Copper Holdings, Inc. (NYSE: BRSS) (“GBC” or the “Company”) today announced that Kevin Bense will assume the role of President of A.J. Oster, effective October 1, 2013 following the retirement of Dan Becker. Mr. Becker will stay with the Company through December to assist with the transition and lead select strategic assignments. “Kevin is an accomplished leader and has been instrumental in helping to drive our strategic execution, profitability and commercial expansion in the Somers Thin Strip division,” said John Wasz, GBC’s Chief Operating Officer. “Kevin’s industry experience coupled with his proven success and strategic perspective will enhance A.J. Oster’s ability to solidify and achieve its strategy as we move forward.” Mr. Bense is currently the Vice President and General Manager of the Somers Thin Strip division of GBC Metals, LLC (d\b\a as Olin Brass). Mr. Bense joined GBC’s team in August 2011 and led a quick turnaround of the Somers Thin Strip division and expanded its commercial base. Over the last two years, Mr. Bense and the Somers leadership team have dramatically enhanced the business and positioned it for continued long-term success. Prior to joining GBC, Mr. Bense served as a global business leader for Honeywell International, Inc.’s specialty additives business unit. Prior to that, Mr. Bense held a variety of managerial and leadership roles during his 18 years working within the chemicals industry. Since joining Olin Brass in 1976, Mr. Becker progressed quickly into various leadership roles throughout his career and most recently served as President of A.J. Oster since 2004. Additional leadership roles included Director of Marketing for Olin and Director of Operations for Olin Europe, Africa and the Middle East, as well as leading the establishment of the Olin Mexico entity, the turnaround of the Olin-Aegis joint venture, and the profitability improvement of Olin Corporation’s Pool Chemical business.
A look at the weighted underlying holdings of the First Trust RBA American Industrial Renaissance ETF (AIRR) shows an impressive 11.2% of holdings on a weighted basis have experienced insider buying within the past six months. START SLIDESHOW:10 ETFs With Stocks That Insiders Are Buying » Global Brass & Copper Holdings Inc , which makes up 2.10% of the First Trust RBA American Industrial Renaissance ETF (AIRR), has seen 5 directors and officers purchase shares in the past six months, according to the recent Form 4 data.