Kaiser Aluminum Corp Appoints James D. Hoffman as Director

By Bobby Samwell • Saturday, September 20 15:31 • Permanent Link

Kaiser Aluminum Corporation (NASDAQ: KALU) has announced the appointment of James D. Hoffman as an independent director. Hoffman, who brings over 43 years of extensive experience in the metals distribution, fabrication, and service center industries, will serve as a class II director with a term expiring at the company’s 2026 annual meeting of stockholders. He will also serve on the board’s compensation and nominating and corporate governance committees.

Hoffman's appointment comes after serving as the Chief Executive Officer of Reliance, Inc. (formerly known as Reliance Steel and Aluminum Co.) from January 2019 until his retirement in December 2022. During his tenure at Reliance, Inc., he held various executive positions and also served on the board of directors.

Kaiser Aluminum Corporation, headquartered in Franklin, Tenn., is a leading producer of semi-fabricated specialty aluminum products, catering to various industries such as aerospace, high-strength, packaging, general engineering, and automotive extrusions. The company's North American facilities produce a range of value-added products, including plate, sheet, coil, extrusions, rod, bar, tube, and wire products.

As Kaiser Aluminum prepares for its next chapter of growth, Hoffman's industry knowledge and leadership expertise are expected to be a significant asset as the company advances its long-term objectives. Keith A. Harvey, Chairman, President, and Chief Executive Officer of Kaiser Aluminum, expressed confidence in Hoffman's ability to contribute to the company's success, particularly in shaping strategic priorities and supporting disciplined execution.

Hoffman's appointment follows Kaiser Aluminum's commitment to strengthening its board with seasoned industry professionals, aligning with its vision of being 'best in class' and its focus on strategic growth plans. This move reflects the company's dedication to leveraging the experience and strategic insight of industry veterans to drive its future success. As a result of these announcements, the company's shares have moved -2.1% on the market, and are now trading at a price of $77.20. For the full picture, make sure to review KAISER ALUMINUM CORP's 8-K report.

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