St. Louis-Based Metal Processing Company Makes C-Suite Changes
Date Posted: December 13, 2022
Posted In: News,
From Saint Louis Business Journal: Metal Exchange Corp., a family-owned producer of non-ferrous metals, has promoted Matt Rohm to CEO, effective Jan 1, 2023.
Rohm, currently the company’s president and chief operating officer, will succeed current CEO Rick Merluzzi, who has held that post since 2019.
Merluzzi then will take the title executive vice chairman, serving as adviser to Executive Chairman Mike Lefton through the end of 2023, officials said Thursday in a press release.
Westport-based Metal Exchange Corp., owned by the Lefton family, deals in trading, manufacturing, processing, distribution and transportation services for non-ferrous metals, primarily aluminum. Its affiliated companies are Metal Exchange, Pennex Aluminum Co., Medalco Metals and Electro Cycle Inc.
Rohm, who joined Metal Exchange Corp. in 2016 as chief financial officer. was promoted in August this year to his current post as president and COO. Prior to joining the company, he spent more than 20 years in financial leadership roles with The Boeing Co., Anheuser-Busch InBev, Energizer and SunEdison.
He holds a Bachelor of Science degree in industrial engineering from Bradley University and an MBA from Washington University.
Lefton said of Rohm in the release, “He is a veteran executive with a proven track record of effective and strategic leadership resulting from his immense experience, and we expect a seamless transition. We are confident that Matt will continue to advance Metal Exchange’s position as an industry leader.”
Lefton also stated, “On behalf of Metal Exchange’s board of directors, I’d like to extend a heartfelt thank you to Rick for his more than 17 years of service, which included executive leadership roles at both Pennex Aluminum Co. and Metal Exchange. During his tenure, Rick has led numerous successful growth initiatives including multiple acquisitions and facility expansions.”