COMMONWEALTH ALUMINUM NAMES DONALD L. MARSH NEW CHIEF FINANCIAL OFFICER.LOUISVILLE, Ky.--(BUSINESS WIRE)--March 7, 1996--Commonwealth Aluminum Corporation (Nasdaq/NM: CALC (tool, mathematics) Calc - An extensible, advanced desk calculator and mathematical tool written in Emacs Lisp by Dave Gillespie <daveg@synaptics.com>. Calc runs as part of GNU Emacs. ) today announced that it has named Donald L. Marsh, Jr. (49) as the company's new chief financial officer. Marsh replaces W. Peter Day, who resigned last year for personal reasons. Most recently, Marsh was Senior Vice President - Development for Castle Energy Corporation (Nasdaq/NM:CECX) in Radnor, Pennsylvania Like many of the elite communities of Philadelphia's Main Line, Radnor is a picturesque enclave in Radnor Township, Pennsylvania in Delaware County. Part of Radnor is also in Tredyffrin Township, Pennsylvania in Chester County. , an oil and gas exploration and refining company. Previously, he also served as the company's Chief Financial Officer. In these positions, Marsh was in charge of all finance, treasury and corporate development functions of the company. While there, he also was responsible for a number of significant financial transactions, including an equity offering as well as project and working capital financings. Prior to that, Marsh was a principal with Earned Interest, Inc., an investment banking firm. He began his career with Chemical Bank in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , rising from a vice president in the energy and minerals division to a managing director in the investment banking division. Marsh graduated from Princeton University Princeton University, at Princeton, N.J.; coeducational; chartered 1746, opened 1747, rechartered 1748, called the College of New Jersey until 1896. Schools and Research Facilities with a Bachelors degree in engineering. He received his Master in Business Administration degree from Harvard University Harvard University, mainly at Cambridge, Mass., including Harvard College, the oldest American college. Harvard College Harvard College, originally for men, was founded in 1636 with a grant from the General Court of the Massachusetts Bay Colony. . Commenting on the announcement, Mark V. Kaminski, President and Chief Executive Officer, said, "Don brings to Commonwealth an extensive financial background, and we are pleased and fortunate to have him join our management team. We look forward to his contribution and counsel as we work to expand our business and capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. new opportunities for growth." Commonwealth Aluminum is one of North America's leading manufacturers of aluminum sheet for the transportation, construction and consumer durables Consumer durables Consumer products that are expected to last three years or more, such as an automobile or a home appliance. consumer durables See durable goods. end-use markets. The Company manufactures a variety of common alloy products in the form of aluminum sheet at its Lewisport, Kentucky rolling mill, one of the largest multi-purpose aluminum rolling mills in North America. CONTACT: Commonwealth Aluminum Corp., Louisville Henry E. Ford, 502/295-5410 |
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