Become a customer

Liberty brings restructuring expert onto board to help refinance Greensill exposure

Liberty Steel Group is reshuffling its board to bring in four additional roles including a chief restructuring officer, the company said on Wednesday May 5.

May 5, 2021
Aluminium

Jeffrey Stein joins the company in that role, having led the restructuring of Whiting Petroleum Corp in 2020 as well as having held similar positions at other US energy ventures, Philadelphia Energy Solutions and Westmoreland Coal.

The company is also bringing in Jeff Kabel, a former director at JP Morgan as chief transformation officer, Iain Hunter as chief governance officer and Deepak Sogani as its new chief financial officer, replacing V Ashok.

The CRO and CTO roles are independent directorships; neither Stein nor Kabel will be direct employees of the company, it said.

“The appointments represent a step forward in Liberty’s response to the collapse of its principal lender, Greensill Capital,” the company said.

What to read next
Trump tariffs 2.0 | Hotter Commodities
“Trump Tariffs” will be back in 2025 and commodities markets are bracing for the impact.
December 20, 2024
 · 
By Andrea Hotter
Open consultation on methodology for aluminium extrusion billet premiums ddp Italy, ddp North Germany, ddp Spain in relation to CBAM
Fastmarkets invites feedback on the pricing methodology for its aluminium 6063 extrusion billet premiums ddp Italy, ddp North Germany and ddp Spain ahead of the definitive period of the EU’s Carbon Border Adjustment Mechanism (CBAM), which starts from January 2026.
December 12, 2024
 · 
By Sayaka Kurata
Amendment to aluminium low-carbon differential P1020A, Europe
Fastmarkets is to amend the timing window for its MB-AL-0381 aluminium low-carbon differential P1020A from Friday December 6.
December 4, 2024
 · 
By Imogen Dudman
Possible Trump tariffs on Canada, Mexico spur alarm in US aluminium market
The news that President-elect Donald Trump is considering additional tariffs on goods from China as well as on all products from US trading partners Canada and Mexico has spurred alarm in the US aluminium market at a time that is usually known to be calm.
November 27, 2024
 · 
By Yasemin Esmen
Proposal to reduce frequency, increase timing window of US low-carbon aluminium differentials
Fastmarkets proposes to lower the frequency of its assessments for MB-AL-0389 aluminium low-carbon differential P1020A, US Midwest and MB-AL-0390 aluminium low-carbon differential value-added product US Midwest. Fastmarkets also proposes to extend the timing window of these same assessments to include any transaction data concluded within up to 18 months.
November 21, 2024
 · 
By Yasemin Esmen
Clarification of methodology for aluminium P1020A (MJP) spot premium
Fastmarkets wishes to clarify details around the following aspects of the pricing methodology for MB-AL-0343 aluminium P1020A (MJP) spot premium, cif Japan, $ per tonne.
November 21, 2024
 · 
By Jingtai Lun