CHICAGO Golden Aluminum Inc. has promoted Jeff Frim to chief executive officer, effective Feb. 1, in addition to his current position as president.
Frim will replace former chief executive officer and chief financial officer Leland Lorentzen, who led a private equity acquisition of the company in 2004, the Fort Lupton, Colo.-based aluminum sheet manufacturer said in a press release Jan. 31.
Frim began his career at Golden Aluminum, which makes packaging for the food and beverage industry, in 2006 as vice president of market and business development, the company said. He was later promoted to vice president and general manager and in 2010 became president, it said.
Lorentzen, who stepped down as chief executive officer Jan. 31, will continue to provide consulting services to Golden Aluminum for the next four to six months, Golden Aluminum vice president of human resources Jerry L. Reed told AMM by e-mail. His consulting will focus on banking, auditing and record-keeping processes, Reed said.
For now Golden Aluminum does not plan to fill the chief financial officer position, Reed said. The company instead promoted Roy Dillow to vice president of finance last year, he said.
Dillow has worked at Golden Aluminum since 2008 and was promoted to vice president of finance and business development on March 30, Reed said. He was previously manager of business development and metallurgy, Reed said.
Golden Aluminum was founded by Denver-based Coors Brewing Co. in 1983 to supply the beer maker with aluminum cans. The company was acquired by Houston-based Quanex Building Products Corp. in 2000 before being bought by private investors in 2004, according to the companys website.