NEW YORK Julian Verden
has been named chief executive officer of steel trader Stemcor
Holdings Ltd. effective Jan. 1.
Verden replaces Ralph
Oppenheimer as chair of the executive committee and will be
responsible for all day-to-day matters, including trading
positions and large deals, London-based Stemcor said.
Oppenheimer will remain as an
active chairman on the board.
Verden has three decades of
experience in the steel industry, having served as chairman of
the International Steel Trade Association, according to
Since being named Stemcors group managing director in
2000, Verden has been responsible for distribution,
stockholding and service center business.