Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Global scrap metal recycler Alter Trading has promoted Jack Grundfest to the president, Alter Trading in a slew of leadership team changes announced on Tuesday.


Grundfest, who joined the company in 2018 after Alter acquired Tenenbaum Recycling, most recently served as Alter’s senior vice president and chief administration officer. 


In his new role, Grundfest will report to Jay Robinovitz, chief executive officer at Alter Trading, and will be responsible for all the company’s corporate functions, administration, and ferrous and non-ferrous businesses.


Michael Goldstein, a fifth-generation family member with an active role at Alter, has also been promoted to executive vice president of operations, Alter Trading noted in its media statement on Tuesday. In this role, Goldstein will work closely with Grundfest and will be responsible for the operations at Alter’s 70 locations and will also supervise the company’s capital allocation.


Alter Trading indicated that it has also promoted Robin Cai to managing director for Asia. Cai is located in Hong Kong and will continue to work with Alter’s Asia customers in that region. Michelle Roosa is promoted to vice president of Human Resources, Sara Schlichtholz has been elevated to vice president of Environmental and Community, Bart Childers is now vice president of information and technology, and Jeff Wilke has been promoted to vice president of safety.

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