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Pete Trpkovski named CFO of Century Aluminium; Stock surges to 59% return over the past year

EDITED BY : 2MINS READ

Century Aluminium (NASDAQ: CENX), a major producer of bauxite, alumina, and primary aluminium, has announced the appointment of Peter A. Trpkovski as its new Executive Vice President and Chief Financial Officer. He succeeds Jerry Bialek, who departs following the planned transition.

Pete Trpkovski named CFO of Century Aluminium; Stock surges to 59% return over the past yearImage source: https://www.tristatehomepage.com/

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The commission arrives as the organisation displays powerful acceleration. InvestingPro data indicates an impressive 59 per cent stock return over the past year and a 41 per cent boost in the last six months.

Trpkovski, who has been with Century for 12 years, will now be responsible for driving the company’s strategic initiatives and strengthening its financial operations while continuing in his role as Treasurer.

“Pete’s appointment ensures continuity and steady leadership for our business as we look to drive superior performance in 2025 and beyond,” shared Jesse Gary, President and CEO of Century Aluminum. “Pete has extensive knowledge of Century’s operations and a proven track record of success in every area that he has led. His expertise and leadership will support Century’s long-term success. I look forward to continuing work with Pete, whose leadership has already made its mark at Century.”

Since 2013, when he joined Century, Trpkovski has held senior roles in finance and investor relations and has led financial planning and risk management. Prior to Century, he worked at Citigroup and Johnson Controls. He holds degrees in Electrical and Computer Engineering and Finance from the University of Michigan.

Century Aluminium is among the largest primary aluminium producer in the US, with installations in Iceland, the Netherlands, and Jamaica. According to a recent analysis by InvestingPro, Century bears a wholesome financial rank with a “GOOD” prevalent monetary health score. It trades at an appealing P/E ratio of 5.6x, meaning likely undervaluation proximate to its Fair Value.

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