CAMP HILL, Pa., March 21, 2014 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE:HSC) announced today the appointment of Richard E. Lundgren, Jr. as Group President of its Harsco Metals & Minerals business effective April 7, 2014.
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Mr. Lundgren joins Harsco with an extensive, 30-year background as an operations executive, having served most recently as the Chief Executive Officer for Shale-Inland Holdings, a leading industrial distribution company for specialty metal products. Before that, he served as the President of Tyco Thermal Controls, a global subsidiary of Tyco International, and has held similar senior leadership roles with Monsanto, Huntsman Corporation and Flowserve Corporation. He is a graduate of the Kellogg School of Management at Northwestern University and also holds a bachelor's degree in chemical engineering from the University of Nebraska.
"Rick's selection completes an extensive search process which included the review of well-qualified internal and external candidates," said Harsco Director and Interim President and CEO David Everitt. "We believe that Rick's considerable success as a leader of significant business transformations on a multinational scale, together with his 30 years of operational leadership experience, will allow him to bring a unique and relevant set of skills to this role. He joins us at a pivotal time for our Metals & Minerals business as we near the completion of our Simplification-led organizational review and execute on the plans that will take us to the next level of performance. As we welcome Rick, we also want to express our greatest appreciation to Michael Monberg for his service as Interim President at such a critical time, and we look forward to his continuing contributions."
"I am tremendously excited to join Harsco and contribute to the Company's transformation," Lundgren stated. "This is an exceptional opportunity to unlock the great potential within Harsco Metals & Minerals and build a strong future for this business, its customers and its people."
Harsco Metals & Minerals is a global market leader for on-site, environmentally-led resource recovery and recycling solutions for the by-products of steel and metals production, serving many of the largest and most advanced producers worldwide. The group operates at more than 160 customer sites in over 30 countries.
Harsco serves major global industries that are fundamental to worldwide economic growth, including steel and metals production, railways and energy. Harsco's common stock is a component of the S&P MidCap 400 Index and the Russell 1000 Index. Additional information can be found at www.harsco.com.
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