logo
Plus   Neg
Share
Email

Globe Specialty Metals Names Joseph Ragan CFO

Globe Specialty Metals Inc. (GSM) has appointed Joseph Ragan as Chief Financial Officer, effective May 20, 2013.

Ragan succeeds Malcolm Appelbaum, who in March announced his departure from the company. Ragan served from 2008 to 2013 as CFO for Boart Longyear, a drilling services contractor.

Commenting on the appointment, Chief Executive Jeff Bradley said, "Joe brings to Globe extensive capital markets experience and exceptional leadership skills. Joe will lead the Company's efforts to effectively deploy the Company's cash flow in value-creating ways, collaborate with our strengthened operations to maintain financial discipline, and provide his broad base of expertise throughout the organization."

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
The Boeing Company (BA) reported that its first-quarter core earnings per share increased to $3.64 from $2.17, prior year, reflecting strong performance across the company. Core operating earnings improved 35% year-over-year to $2.51 billion from $1.86 billion, previous year. GAAP earnings from operations increased 30% to $2.88 billion. Net earnings improved 57% year-over-year to $2.48 billion. Earnings per share was $4.15 compared to $2.54. Operating cash flow was $3.1 billion for the quarter. Micro-blogging site Twitter Inc. on Wednesday reported a turnaround to profit in the first quarter on strong double-digit revenue growth. This is the company's second quarterly profit. Both revenue and adjusted earnings per share beat analysts' estimates. Twitter's average monthly active users or MAU figure rose 3 percent year-over-year and also increased from the preceding quarter. Shares of Credit Suisse Group AG were gaining around 4 percent in Swiss trading after the banking giant reported Wednesday higher profit in its first quarter, despite lower net interest income. The company said it had planned 2018 to be a year of acceleration in its performance in its 12-quarter restructuring program.
Follow RTT