NEW YORK Charles A. Smith Jr., former president and chief executive officer of scrap metals recycler Alter Trading Corp., died Oct. 11. He was 88.
Smith joined Alter Co. in 1953 in its accounting and transportation departments and quickly climbed the ranks as a buyer and seller of scrap. In 1964, he was appointed vice president and head of scrap merchandising. In the early 1980s, Smith was named president, a role he held until announcing his semi-retirement in 1988.
One year later, Robert Goldstein succeeded him as president of the St. Louis-based company and Smith fully retired in 1990.
Smith later became part owner, president and chief executive officer of a riverboat casino in East Peoria, Ill., until 1996.
He is survived by his wife of 67 years, Beverly Smith; five children; 10 grandchildren; and four great-grandchildren.
A funeral service was being held Oct. 18 in Bettendorf, Iowa.