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FRANKLIN, Tenn. - Kaiser Aluminum Corporation (NASDAQ:KALU), a specialty aluminum products manufacturer with annual revenues of $3.06 billion and EBITDA of $226.5 million, has appointed Glenda J. Minor to serve as an independent director on its Board of Directors, according to a company press release.
Minor will serve as a Class II director with a term expiring at the company’s 2026 annual meeting of stockholders. She will also serve on the board’s audit and compensation committees. According to InvestingPro data, Kaiser Aluminum maintains a "Good" financial health score, with liquid assets exceeding short-term obligations.
Minor is currently Chief Executive Officer and Principal of Silket Advisory Services, a consulting firm that advises companies on financial, strategic and operational initiatives. She previously served as Senior Vice President and Chief Financial Officer of Evraz North America Limited, a North American steel manufacturer.
Her experience also includes roles at Visteon Corporation, where she served as Vice President, Finance, Controller, Chief Accounting Officer, and General Auditor. Minor currently serves on the boards of Albemarle Corporation, Curtiss-Wright Corporation, and Radius Recycling, Inc.
Minor holds a Bachelor of Science degree in Accounting from Southern University and a Master of Business Administration degree from Michigan State University.
Keith A. Harvey, Chairman, President and Chief Executive Officer of Kaiser Aluminum, said Minor’s finance and business experience in leadership roles with public companies in relevant manufacturing industries will be "a significant asset" as the company enters its next phase of growth.
Kaiser Aluminum, headquartered in Franklin, Tennessee, produces semi-fabricated specialty aluminum products for aerospace, packaging, engineering, automotive, and industrial applications. The company’s stock is included in the Russell 2000 index and the S&P Small Cap 600 index.
In other recent news, Kaiser Aluminum Corporation reported a mixed financial performance for Q1 2025. The company achieved an impressive earnings per share (EPS) of $1.44, significantly surpassing the forecast of $0.41, while revenue fell short of expectations at $777.4 million compared to the anticipated $829 million. Despite the revenue miss, Kaiser Aluminum’s first-quarter EBITDA of $73 million exceeded Wall Street’s expectations of $53 million. The company’s Packaging division saw growth in conversion revenue due to an improved product mix, while the General Engineering segment benefited from current trade policies. Benchmark analysts maintained their Buy rating for Kaiser Aluminum with a price target of $74, citing the company’s increased full-year FY25 EBITDA guidance. Kaiser Aluminum is also optimistic about its Aerospace segment as it anticipates a recovery with Boeing’s planned increase in 737-MAX production. The company continues to focus on high-demand truck and SUV platforms in the Automotive sector, which accounts for 8% of its sales.
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