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WireCo WorldGroup names new leader

WireCo® WorldGroup, one of the world's largest manufacturers of steel and synthetic lifting products, announced that Christopher L. Ayers will take over as president and CEO effective July 7,replacing interim CEO Stephan Kessel.

A press release said that Ayers previously served as executive vice president and president of global primary products at Alcoa, where he oversaw the company's aluminum and alumina businesses, which includes more than 20,000 employees and 39 facilities worldwide, and $10.5 billion in 2012 revenue. Prior to joining Alcoa, he was president of the PCC Forgings Division of Precision Castparts Corporation, and president of Wyman Gordon Forgings.

"After a thorough search, we are confident that we have selected the best candidate to lead WireCo," said John J. Anton, chairman of WireCo. "Chris has had a solid track record of success in achieving operational excellence and financial performance. His appointment represents a natural step in the evolution of WireCo as we seek to enhance the Company's global manufacturing footprint and comprehensive product portfolio to service diverse end markets. Given Chris's significant leadership skills and relevant industry experience, we believe he is the ideal choice to drive improvements in the business and further develop our brand while delivering a consistently superior customer experience for all existing and prospective customers."

WireCo WorldGroup, whose products are recognized throughout the world and used in a wide range of market applications, employs approximately 4,000 people and is headquartered in Kansas City, Missouri, with manufacturing plants, distribution facilities and research and development centers around the world.

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