Business
Novelis names Martens chief executive
By David Markiewicz
Feb 7, 2011Philip Martens, who joined Novelis Inc. as president and chief operating officer in May 2009, was named president and chief executive officer of the company.
Novelis board chairman Kumar Mangalam Birla said Martens, "has driven the Novelis team from the front, energizing them and raising the bar of the organization in every way."
Novelis is the global leader in aluminum rolled products and aluminum can recycling. It operates in 11 countries, has 11,600 employees and reported revenue of $8.7 billion in its 2010 fiscal year. Novelis is a subsidiary of Hindalco Industries Limited, one of Asia's largest integrated producers of aluminum. Hindalco is part of Aditya Birla Group, a multinational conglomerate based in Mumbai, India.
