Global Brass And Copper Holdings, Inc. Elects John Wasz President
Global Brass and Copper Holdings, Inc. (NYSE: BRSS) (“GBC” or the
“Company”) today announced that on September 6, 2013, John Wasz was
elected by the Board of Directors to the role of President, Global...
Global Brass and Copper Holdings, Inc. (NYSE: BRSS) (“GBC” or the “Company”) today announced that on September 6, 2013, John Wasz was elected by the Board of Directors to the role of President, Global Brass and Copper Holdings, Inc. Mr. Wasz will also maintain his role as Chief Operating Officer of GBC and his role as President of GBC Metals, LLC (d\b\a Olin Brass). In his expanded role, Mr. Wasz will report to John Walker, the Company’s Chief Executive Officer, while all business segment Presidents will continue to report to Mr. Wasz. “Since joining GBC, Mr. Wasz has driven transformative change within Olin Brass that has resulted in improved financial performance,” said John Walker, GBC’s Chief Executive Officer. “In this important new role, John will continue driving the strategy development process across the organization and working with the GBC business Presidents to expand and improve all of our operations, further allowing him to lead the execution of GBC’s vision and growth opportunities.” Mr. Wasz has served as the Chief Operating Officer of GBC since January 2012 and as the President of GBC Metals, LLC (d\b\a Olin Brass) since 2010. Prior to joining GBC, he was the special advisor to the Chief Executive Officer of Aleris International, Inc. and served as Executive Vice President and President of Aleris Rolled Products North America, an aluminum manufacturer. Prior to that, he was Executive Vice President and President of Aflex, a manufacturer of industrial flexible hose, along with serving in several other management capacities at other companies throughout his career. About Global Brass and Copper Global Brass and Copper Holdings, Inc. through its wholly-owned principal operating subsidiary, Global Brass and Copper, Inc., is a leading, value-added converter, fabricator, distributor and processor of specialized copper and brass products in North America. We engage in metal melting and casting, rolling, drawing, extruding and stamping to fabricate finished and semi-finished alloy products from processed scrap, copper cathode and other refined metals. Our products include a wide range of sheet, strip, foil, rod, tube and fabricated metal component products that we sell under the Olin Brass, Chase Brass and A.J. Oster brand names. Our products are used in a variety of applications across diversified end markets, including the building and housing, munitions, automotive, transportation, coinage, electronics/electrical components, industrial machinery and equipment and general consumer end markets.
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.