HARRISBURG, Pa., Feb. 13, 2009 (GLOBE NEWSWIRE) -- Worldwide industrial services company Harsco Corporation (NYSE:HSC) announced today the appointment of Gene A. Iannazzo as president of the Company's Harsco Minerals business group, which comprises the Company's Excell Minerals and Reed Minerals divisions.
Mr. Iannazzo joined Harsco's senior management team in 2001 and formerly served as president of North America operations for the Company's Harsco Metals group. His background includes over 30 years of global experience in the metals and mineral recovery industries. He also serves on the Board of Directors of the American Iron and Steel Institute, the Board of Trustees of the Association for Iron & Steel Technology, and he is a current Director and Past Chairman of the National Slag Association.
"Gene's strong credentials, international experience and solid industry relationships fit directly with our strategic objectives for accelerating the global scalability of our Harsco Minerals business platform," said Harsco Chairman and CEO Salvatore D. Fazzolari. "As we indicated in our recent announcement of our new relationship with China's largest stainless steel producer, we believe there are significant untapped opportunities across the globe to serve leading industry producers as the premier environmental partner for their co-product materials."
As part of Harsco's growing Minerals & Rail business group, Harsco Minerals specializes in capturing and processing industrial co-products that serve a range of environmentally beneficial commercial applications such as low-silica abrasives and agricultural and turf fertilizers, while also recovering high-value metallic content for industrial production that would otherwise go to landfill.
"Gene's appointment continues our Harsco journey to build a strong global leadership team through the disciplined and rigorous implementation of our human capital framework, which underpins our core value for A-Team people," said Mr. Fazzolari. "The current global financial and economic crisis provides an excellent opportunity to bolster our human capital infrastructure, as we position Harsco as one of the most respected and admired industrial services companies in the world." Mr. Iannazzo will report to Richard C. Neuffer, Harsco Senior Vice President and Group CEO of the Harsco Minerals & Rail group.
Harsco Corporation is a $4 billion global company serving key industries that play a fundamental role in worldwide economic growth and recovery, including infrastructure, metals and railways. The Company employs approximately 21,000 people in 50 countries of operation. 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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