Kibar Americas Appoints Derek Keddy as President for Future Growth Initiatives

Kibar Americas Welcomes Derek Keddy as New President

Kibar Americas, a prominent North American provider of flat-rolled aluminum products and a subsidiary of Turkey's Assan Alüminyum, has announced the appointment of Derek Keddy as the President of its North America Rolling division. This strategic move aims to enhance the company's growth trajectory and operational capabilities, particularly following the recent acquisition of an aluminum foil production facility in Fairmont, West Virginia.

Keddy brings over 25 years of leadership experience in aluminum, manufacturing, and energy sectors, demonstrating a substantial track record in improving corporate performance, streamlining operations, and driving strategic growth initiatives. His extensive career highlights include financial strategy, commercial operations, corporate restructuring efforts, mergers and acquisitions, and managing large-scale investment programs at globally recognized firms.

Before joining Kibar Americas, Keddy held significant leadership roles at Novelis, where he was instrumental in driving profitability, spearheading growth initiatives, enhancing operational efficiencies, and executing major capital projects across North America. Keddy also played a critical role in integrating large-scale acquisitions and managing complex organizations with annual revenues in the billions.

Göksal Güngör, Chairman of Kibar Americas Group, stated, "Derek's appointment reflects our long-term commitment to North America and our aspirations to establish a stronger aluminum platform in the region. We are confident that he will be an integral part of driving this next growth phase."

Atilla Cetinel, COO of Kibar Americas Group, added, "We are pleased to welcome Derek at such a pivotal time for our growth at Kibar Americas. His deep industry knowledge, leadership experience, and strategic vision will be invaluable as we expand our presence in North America and turn the page on a new chapter with our Fairmont facility."

The acquisition of the Fairmont plant represents a significant milestone for Kibar Americas, as it enhances the company's production capabilities and strengthens its position in the North American aluminum market. The facility is currently preparing for start-up, with ambitious plans to ramp up production in the second half of the year to meet rising customer demand.

Keddy, known for his collaborative leadership style and substantial business acumen, will play a key role in the successful launch of operations at the Fairmont facility while also advancing Kibar Americas' long-term growth objectives. A graduate of University College Dublin with a Bachelor of Commerce, Keddy also holds an Executive MBA from Emory University's Goizueta Business School.

This decisive leadership change marks a new era for Kibar Americas, as it strategizes under Keddy’s guidance to solidify its standing in the competitive aluminum industry. With Keddy at the helm, the company is poised to address emerging market opportunities and navigate the challenges of the evolving landscape of the aluminum sector.