Liberty Iron & Metal Announces Mike Diamond as New CEO

September 29, 2017

Phoenix, Arizona – September 29, 2017 – Liberty Iron & Metal Holdings, Inc. (Liberty) today announced Mike Diamond as its new chief executive officer. Mr. Diamond will replace Mike Greulich, current CEO of Liberty, effective October 1, 2017.

Change in Leadership Sets Liberty Up for Success

Diamond currently serves as Chief Operating Officer of Liberty and prior to that, served as Chief Operating Officer of Liberty Iron & Metal Holdings, Inc. Mr. Diamond is a recognized leader in the scrap metal recycling industry with over 20 years’ experience. As CEO, Diamond will be responsible for developing and implementing the Company’s strategic direction and management of the company resources for future expansion and growth. Mr. Diamond will maintain his position on the Board of Liberty.

Worth Howard has been promoted to Chief Operating Officer, effective October 1, 2017. Mr. Howard previously served as Vice President of Operations of Liberty. He will be responsible for implementation and improvement of the Company’s operational infrastructure, processes and personnel. Mr. Howard and Mr. Diamond have worked together for over a decade and share the common belief in nurturing a success-oriented, accountable environment for the Company.

“We are thrilled to have Mike Diamond move into the role of CEO for Liberty,” said Alexander Esser, chief financial officer of the Company. “His track record of running multiple successful yard operations in the scrap metal industry and the depth of his industry relationships makes him uniquely suited to lead Liberty in its next chapter of its business growth.”

Esser continued, “Worth Howard is the natural choice for COO. He and Mike Diamond share a like-mindedness in their leadership styles and how to best foster a culture of success and accountability throughout Liberty’s yards.”

Building on his expertise and global knowledge of the metal recycling world, Mike Greulich has been appointed Chief Trading Officer (CTO) of Scholz Recycling GmbH and as a member of its Board, effective August 1, 2017. In this role he will be responsible for Scholz key accounts worldwide and for identifying synergies with Chiho Environmental Group. Mr. Greulich will continue as a member of the Board of Liberty. Mr. Greulich and Mr. Diamond have worked side-by-side for the last several years and anticipate a seamless transition of responsibilities.

“The entire company thanks Mike Greulich for his leadership of the last several years,” commented Mr. Qin, Board member of Liberty. “We sincerely appreciate his strategic vision and tenacity in making huge strides in the company’s financial position and performance. We are pleased that he will continue to remain an active member of the Board while he takes on his new role with Scholz as CTO.”

Category: Liberty News and Updates

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