BNET Industries

Novelis Inc.

(NVL) is in the Manufacturing Industry

Last Fiscal Year Sales:$11.2B
  • Public
  • US
Dow Jones Description

Novelis Inc. is the global leader in aluminum rolled products and aluminum can recycling. The company operates in 11 countries, has approximately 12,500 employees and reported revenue of $11.2 billion in fiscal year 2008. Novelis supplies premium aluminum sheet and foil products to automotive, transportation, packaging, construction, industrial and printing markets throughout North America, South America, Europe and Asia. Novelis is a subsidiary of Hindalco Industries Limited, one of Asia's largest integrated producers of aluminum and a leading copper producer. Hindalco is the flagship company of the Aditya Birla Group, a multinational conglomerate based in Mumbai, India.

President, Novelis South America
Alexandre Almeida
Number of Employees 12,500
Contact Information

3399 Peachtree Rd NE Lenox Bldg Ste 1500

Atlanta, Georgia 30329

www.novelis.com

1 404 814 4210

NAICS Code Laminated Aluminum Foil Manufacturing for Flexible Packaging Uses: 322225

Recent Events

  • Novelis Appoints Eric Drummond to Executive Position

    11/02/09 - Mgmt. Change Entering - Other - View Story

  • Novelis Corp. agrees to pay $220,000 to settle PCB contamination charges

    10/28/09 - Legal Settlement - View Story

  • Anheuser-Busch Signs Aluminum Agreement with Novelis

    10/26/09 - Joint Venture / Alliance - View Story

  • Keep America Beautiful Recognizes Novelis with 2009 Vision for America Award

    11/05/09 - Financial Announcement - View Story

  • Novelis to Receive 2009 Keep America Beautiful Vision for America Award

    10/15/09 - Licensing / Contract - View Story

  • BUY OR SELL-Indian metal stocks: Ready to melt after rally?

    8/26/09 - Bond / Stock Rating - View Story

  • Volcano Reports 30 Percent Increase in Second Quarter Revenues

    8/04/09 - Financial Announcement - View Story

  • Novelis Reports Results for Fourth Quarter and Fiscal Year 2009

    6/29/09 - Financial Announcement - View Story

News & Analysis

novelis inc. - All News and Analysis

  • Novelis Recycling Education Project Receives Top UK Industry Award

    - 2007-10-05

    To: BUSINESS EDITORSContact: John Gardner of Novelis Inc., +41-44-386-2155, john.gardner@novelis.com WARRINGTON, UK, Oct. 5 /PRNewswire/ -- An innovative consumer education project developed by Novelis Recycling has won a top recycling industry award. "What a Waste," an interactive film and educational programme explaining the aluminium can recycling process, has been judged...

    Tags: Hindalco Industries Ltd., Novelis Inc.

  • Novelis Recycling Education Project Receives Top UK Industry Award.

    - 2007-10-05

    WARRINGTON, England, October 5 /PRNewswire/ -- An innovative consumer education project developed by Novelis Recycling has won a top recycling industry award. "What a Waste," an interactive film and educational programme explaining the aluminium can recycling process, has been judged the UK's best ...

    Tags: Hindalco Industries Ltd., Novelis Inc.

  • BUSINESSLINE

    - 2007-10-01

    Alcoa: Alcoa (Pittsburgh, Pennsylvania) and Russia's United Aircraft Corporation UAC have signed an agreement through which Alcoa will supply UAC with advanced metallic materials, modern structural concepts, and manufacturing technologies for UAC future generation civil aircraft. The agreement includes joint technology cooperation on next generation UAC aircraft. Alcoa has also...

    Tags: Alcoa Inc., Novelis Inc., ThyssenKrupp, TriQuint Semiconductor, United States Steel Corp.

  • Novelis invests $9M to increase aluminum production

    - 2007-08-31

    OSWEGO - The first phase of construction has begun on a company-financed $9 million Oswego plant upgrade for Novelis, Inc., a manufacturer of aluminum rolled products. Novelis plans for construction completion by the second quarter of 2008. The upgrade will increase production of alurninurnsheet ingot, the starter stock for the...

    Tags: Novelis Inc.

  • Acquisition costs push Novelis to loss.

    - 2007-08-12

    Aug. 12--MUMBAI, India -- Novelis, the Canadian aluminium giant that Hindalco had bought earlier this year, has posted a loss of $151 million during the first quarter of FY08, compared with a net income of $6 million in the year-ago period. The company has attributed the loss...

    Tags: Novelis Inc.

Decision Makers

Name (plus bio) Position
Alexandre Almeida President, Novelis South America
Arnaud de Weert President, Novelis Europe
Jack Morrison President, Novelis Asia
Jean-Marc Germain President, Novelis North America
Kevin Greenawalt President, North America
Philip R. Martens President & Chief Operating Officer
Thomas Walpole President, Asia
Steven Fisher Chief Financial Officer
Brenda Pulley Vice President, Corporate Affairs and Communications
David Godsell Vice President, Human Resources and Environment, Health and Safety
Holly Ash Vice President, Investor Relations
Jo-Ann Longworth Vice President
Leslie J. Parrette, JR. Vice President
Nick Madden Vice President, Global Procurement and Metal Management
Orville G. Lunking Vice President & Treasurer
Pierre Arseneault Vice President, IT & Strategic Planning
Robert M. Patterson Vice President & Controller
Robert Virtue Acting Vice President, Human Resources
Steven Fehling Vice President, Global Procurement and Metal Management
Jennifer Dervin Director, External Communications
Antonio Tadeu Coelho Nardocci Senior Vice President - Innovation, Technology and Strategy
David Kennedy Corporate Secretary

Board of Directors

Name (plus bio) Position
Askaran K. Agarwala Board of Directors
Clarence J. Chandran Board of Directors
Debnarayan Bhattacharya Board of Directors
Donald A. Stewart Board of Directors
Kumar Mangalam Birla Board of Directors

Alexandre Almeida is president of Novelis South America where he leads all aspects of the company's business in the region. Prior to this appointment in August 2008, Mr. Almeida had served as Chief Financial Officer of Novelis South America since January 2005, responsible for finance, strategy, information technology and legal functions. Formerly, he was Managing Director of Alcan Composites Brasil Ltda. from 2003 to 2005, and was previously Chief Operating Officer and Chief Financial Officer for Líder Taxi Aereo S.A. Mr. Almeida holds a degree in Metallurgical Engineering and a Masters Degree in Computer Science from Universidade Federal de Minas Gerais, and also a postgraduate degree in Finance Administration from João Pinheiro Foundation.

Organization Position Status
Novelis Inc. President, Novelis South America Current

Arnaud de Weert has been president of Novelis Europe since May 2006. In this capacity, he oversees 14 manufacturing facilities across Europe, producing rolled aluminum products for many markets including automotive, building, packaging, transportation and printing. Previously, Mr. de Weert was the chief executive officer of Ontex, the European leader in private label hygienic disposables. He has a strong international, customer-focused background coupled with proven leadership experience in profitable, growing companies. Prior to joining Ontex, Mr. de Weert was president, Europe, Middle East and Africa for Stanley from 2001 to 2004. Before this, he worked for GE for nine years in a variety of senior management positions in sales, marketing, customer service, logistics and finance. Mr. de Weert, a Dutch national, has a business economics degree from Erasmus University in Rotterdam. He is fluent in Dutch, English, German, Swedish and also speaks French and Spanish. He currently serves on the supervisory board for Infineon Technologies AG.

Organization Position Status
Novelis Inc. President, Novelis Europe Current
Novelis Inc. Senior Vice President, Europe Former
Erasmus University Business Economics Degree Former

Organization Position Status
Novelis Inc. President, Novelis Asia Current
Alcoa, Inc. President, Rolled Products Asia Former
Novelis Inc. President, Asia & Senior Vice President Former
INSEAD Masters Program Former
Purdue University Bachelor of Science In Industrial Management Former
INSEAD Diploma In International Management Former

Jean-Marc Germain is president of Novelis North America, an operating segment of Novelis Inc. In this capacity, which he assumed in May 2008, Mr. Germain leads all aspects of the company's North American activities in aluminum sheet and light gauge products for the beverage, automotive, construction, packaging and general purpose industrial goods markets. In addition, the business operates a large recycling operation that transforms recycled aluminum into starter stock for new applications. Mr. Germain also retains responsible for developing and coordinating Novelis' global strategy in the can market, including recycling and promotion. Prior to his current role, Mr. Germain held the position of vice president, global can. In this role, he lead the global can strategy as well as the Can Product business unit in North America. Prior to this appointment in January 2007, Mr. Germain served in the position of Vice President & General Manager, Light Gauge Business Unit. In 2005, Mr. Germain joined Novelis as part of its spin-off from Alcan Inc., where he had been responsible for the Light Gauge products in North America since mid-2004. Previously, he had served a a member of Alcan's Integration Leadership Team associated with the company's 2004 acquisition of Pechiney. Mr. Germain held a number of executive positions with Pechiney from 1998 to 2004, most recently as Senior Vice President and General Manager, Foil and Specialties Division. Prior to that, he held positions with GE Capital in France and a number of international posts with Bain & Company. Mr. Germain is a director of Coca-Cola Recycling LLC. He is a graduate of Ecole Polytechnique, Paris.

Organization Position Status
Novelis Inc. President, Novelis North America Current

Organization Position Status
Novelis Inc. President, North America Current
Novelis Inc. Senior Vice President, North American Former
Carnegie Mellon University Bachelor of Science In Industrial Administration Former
Carnegie Mellon University MBA Former

Organization Position Status
Novelis Inc. President & Chief Operating Officer Current
Arvin Innovation Inc. President & Chief Executive Officer Designate Former
Plastech Engineered Products Inc. President & Chief Operating Officer Former
Ford Motor Company Vice President, North America Former
Ford Motor Credit Company Group Vice President Former
ArvinMeritor, Inc. Senior Vice President & President, Light Vehicle Systems Former

Tom Walpole is president of Novelis Asia. Before this appointment in February 2007, Mr. Walpole served as Vice President and General Manager of the Company's Can Products business unit, where he led the development and coordination of Novelis' global strategy in the aluminum can market since 2005. Mr. Walpole has more than 27 years of aluminum industry experience. Prior to the Novelis spin-off from Alcan Inc. in 2005, he held a number of international positions with Alcan including Vice President, Sales and Marketing, for the Rolled Products operations in Korea and President of the Lithographic, Can and Painted Products business in Europe. Mr. Walpole graduated from State University of New York at Oswego with a B.S. degree in Accounting, and holds a Master of Business from Case Western Reserve University.

Organization Position Status
Novelis Inc. President, Asia Current
Novelis Inc. Vice President, Can Products Business Unit Former
Novelis Inc. General Manager, Can Products Business Unit Former
Case Western Reserve University Master of Business Former
Case Western Reserve University B.S. Degree In Accounting Former
The State University of New York B.S. Degree In Accounting Former

Steve Fisher is the chief financial officer of Novelis Inc. Prior to his appointment as CFO in May 2007, Mr. Fisher had been vice president of strategic planning and corporate development since 2006. His responsibilities included formulating Novelis’ corporate strategy and originating and executing value-creating corporate mergers and acquisition transactions, as well as the potential divestiture of non-core assets. In this role, he was a chief architect of Novelis' corporate strategy and managed the discussions that led to the acquisition of Novelis by Hindalco. Prior to joining Novelis, Mr. Fisher spent 13 years consulting with, or as part of the management team of, various energy companies. Most recently, he served as vice president and controller for TXU Energy, the non-regulated subsidiary of TXU Corp, at its headquarters in Dallas, Texas. Mr. Fisher has held significant roles in finance and accounting, strategic planning, and business development. Mr. Fisher received a B.B.A in finance and accounting from the University of Iowa in 1993 and is a certified public accountant. He currently serves on the board of directors for Lionbridge Technologies, Inc.

Organization Position Status
Novelis Inc. Chief Financial Officer Current
Aquila, Inc. Vice President Former
TXU Energy Vice President Former
TXU Energy Controller Former
Aquila, Inc. Controller Former
Aquila, Inc. Strategic Planning Former
The University of Iowa B.B.A In Finance and Accounting Former

Brenda Pulley is vice president, corporate affairs and communications for Novelis Inc. She has global responsibility for Novelis' corporate affairs and communication efforts, which include branding, internal and external communications and government relations. Prior to the Novelis spin-off, Ms. Pulley was vice president, corporate affairs and government relations of Alcan from September 2000 to 2004. Upon joining Alcan in 1998, Ms. Pulley was named director of government relations. She has served as legislative assistant to Congressman Ike Skelton of Missouri and to the U.S. House of Representatives Subcommittee on Small Business, specializing in energy, environment, and international trade issues. She also served as executive director for the National Association of Chemical Recyclers, and director of federal government relations for Safety-Kleen Corp. Ms. Pulley currently serves on the Board of Directors for the Junior Achievement of Georgia. Until 2005, Ms. Pulley served on the Board of Directors for the League of American Bicyclists. She has also served as chairperson for America Recycles Day. Ms. Pulley earned her Bachelor of Science degree from Central Missouri State University in the United States majoring in Social Science, with a minor in communications.

Organization Position Status
Novelis Inc. Vice President, Corporate Affairs and Communications Current
League of American Bicyclists Director Current
Safety-Kleen Director, Federal Government Relations Former
America Recycles Day, Inc. Chairperson Former
Central Missouri State University Bachelor of Science Degree Former

Organization Position Status
Novelis Inc. Vice President, Human Resources and Environment, Health and Safety Current
Carleton University Bachelor of Arts In Economics Former

Organization Position Status
Novelis Inc. Vice President, Investor Relations Current

Organization Position Status
Novelis Inc. Vice President Current

Leslie J. Parrette, Jr. joined Novelis as General Counsel in March 2005. From July 2000 until February 2005, he served as Senior Vice President and General Counsel of Aquila, Inc., an international electric and gas utility and energy trading company. From September 2001 to February 2005, he also served as Corporate Secretary of Aquila. Prior to joining Aquila, Mr. Parrette was a partner in the Kansas City-based law firm of Blackwell Sanders Peper Martin LLP from April 1992 through June 2000. Mr. Parrette holds an A.B., magna cum laude in Sociology from Harvard College and received his J.D. from Harvard Law School.

Organization Position Status
Novelis Inc. Vice President Current
Aquila, Inc. Senior Vice President Former
Blackwell Sanders Peper Martin Llp Partner Former
Novelis Inc. General Counsel Former
Aquila, Inc. General Counsel Former
Blackwell Sanders Peper Martin Llp Chairman Former
Aquila, Inc. Board of Directors Former
Harvard Law School J.D. Former
Harvard College A.B In Sociology Former

Nick Madden is vice president of global procurement and metal management for Novelis Inc. With more than 27 years experience in the aluminum industry, Mr. Madden is responsible for the Company's metal and non-metal sourcing strategies and metal risk management program world-wide. Prior to this role, which he assumed in 2006, Mr. Madden served as president of Novelis Europe's Can, Litho and Recycling business unit, created in conjunction with the 2005 spinoff from Alcan Inc. Prior to the spinoff, he was vice president of metal management and procurement for Alcan's Rolled Products division in Europe since 2000 and was responsible for the secondary recycling business. Mr. Madden began his career with Alcan in 1979 and held a succession of positions in HR, metal management, marketing and hedging in the UK and Canada. Between 1994 and 2000, he worked as a Director in Lehman Brothers' Commodity Risk management Group and as Group Metal Manager for the Luxfer Group, a UK-based company that was sold by Alcan to a management buy-in in 1996. Mr. Madden holds a B.Sc. (Hons) degree in Economics and Social Studies, specializing in Industrial Relations, from University College in Cardiff, Wales.

Organization Position Status
Novelis Inc. Vice President, Global Procurement and Metal Management Current
Litho Co President Former
The Luxfer Group Limited Group Metal Manager Former

Organization Position Status
Novelis Inc. Vice President & Treasurer Current

Organization Position Status
Novelis Inc. Vice President, IT & Strategic Planning Current

Organization Position Status
Novelis Inc. Vice President & Controller Current

Robert Virtue is vice president of human resources for Novelis Inc. In this position, he has global responsibilities for all aspects of the organization’s human resource function. Mr. Virtue was previously vice president of compensation and benefits. Mr. Virtue has an extensive background in human resources in a variety of industries. Most recently, he served as vice president of executive compensation for Wal-Mart. Mr. Virtue spent 15 years with British Petroleum PLC in a variety of domestic and international human resources roles with assignments in chemicals, coal, refining, transportation, marketing and corporate functions. Mr. Virtue earned a BS in Business from Boston University and an MBA from Indiana University.

Organization Position Status
Novelis Inc. Acting Vice President, Human Resources Current
Indiana University MBA Former
Boston University BS In Business Former

Organization Position Status
Novelis Inc. Vice President, Global Procurement and Metal Management Current
The Aluminum Association, Inc. Board of Directors Current
Indiana University MBA Former
Purdue University B.S. In Industrial Management Former
Harvard University Graduate, Advanced Management Former

Organization Position Status
Novelis Inc. Director, External Communications Current
Novelis Inc. Director, External Communications Former

Tadeu Nardocci is vice president of innovation, technology and strategy for Novelis Inc. In this role, Mr. Nardocci oversees the company's operational excellence initiatives including research and development, value based management programs and continuous improvement. Prior to the creation of Novelis, Mr. Nardocci held a number of manufacturing and senior leadership positions with Alcan Inc. from 1980 to 2004, including Managing Director of the company’s Southeast Asian business and President of Alcan Brazil Rolled Products. With the spin-off of Novelis in 2005, Mr. Nardocci was named President – Novelis South America. A native of São Paulo, Brazil, Mr. Nardocci holds a metallurgy degree from the University of São Paulo and has completed post-graduate programs in business administration in Brazil, Europe and the United States. He is also a member of the executive board of the Brazilian Aluminum Association – ABAL.

Organization Position Status
Novelis Inc. Senior Vice President - Innovation, Technology and Strategy Current
Novelis Inc. Senior Vice President, South American Former
University of São Paulo Post-Graduation Courses In Business Administration Former

Organization Position Status
Novelis Inc. Corporate Secretary Current
The University of Western Ontario Graduate Former
University of Toronto Law School Graduate Former

Organization Position Status
Hindalco Industries Ltd. Board of Directors Current
Novelis Inc. Board of Directors Current

Clarence Chandran - Mr. Chandran, age 58, has been a director of the Company since 2005 and also serves as Chairman of the Chandran Family Foundation Inc. and the Conros Corporation. Mr. Chandran serves on the Compensation and Audit Committees of the Company’s board of directors, and acts as the Chairman of the Compensation Committee.

Organization Position Status
Conros Chairman Current
Marport Stout Inc. Board of Directors Current
Visitors Board of Directors Current
Novelis Inc. Board of Directors Current
Pratt School of Engineering at Duke University Member Current
CGI Group Inc. President Former
Nortel Networks Corporation Chief Operating Officer Former
MDS Inc. Director Former

Debnarayan Bhattacharya is Managing Director of Hindalco and serves as a Director of Aditya Birla Management Corporation Limited. Mr. Bhattacharya is Vice Chairman of Novelis and serves on the Audit and Compensation Committees of the Novelis Board of Directors. He is the Chairman of Utkal Alumina International Limited and of Aditya Birla Minerals Limited, in Australia. Mr. Bhattacharya also serves as a Director of Birla Management Centre Services Limited; Dahej Harbour and Infrastructure Limited (a wholly-owned subsidiary of Hindalco), Minerals & Minerals Limited and Aditya Birla Power Company Limited. Other positions held by Mr. Bhattacharya include Hon. President Aluminium Association of India (AAI); Director The Fertiliser Association of India (FAI).

Organization Position Status
Infrastructure Inc. Director Current
Novelis Inc. Board of Directors Current

Organization Position Status
Sun Life Financial Inc. Chief Executive Officer Current
Sun Life of Canada Unit Managers Limited Chair of Board Current
Sun Life Financial Inc. Board of Directors Current
Birla Sun Life Insurance Company Limited Board of Directors Current
Novelis Inc. Board of Directors Current
Sun Life Insurance & Annuity Company of New York Board of Directors Former

Organization Position Status
Aditya Birla Nuvo Ltd. Chairman Current
Grasim Industries Limited Chairman Current
Hindalco Industries Ltd. Chairman Current
The Aditya Birla Group Chairman Current
Novelis Inc. Board of Directors Current
Birla Sun Life Insurance Company Limited Board of Directors Current
The Aditya Birla Group CEO Former
Aditya Birla Nuvo Ltd. Managing Director Former
The Aditya Birla Group Board of Directors Former
Hindalco Industries Ltd. Board of Directors Former

Executive News

  • Madura back in the black on cost controls, better margins

    Economictimes - 8/18/09 - View Story

  • Market crisis rocks insurers' results

    Insurance Journal Canada - 7/04/09 - View Story

  • Novelis Reports Results for Fourth Quarter and Fiscal Year 2009

    Yahoo! Canada - 6/29/09 - View Story

  • Flaherty not concerned about fall in lending

    Nanaimo Daily News - 6/27/09 - View Story

  • Canadian life and health insurance industry leader to chair Canada's Task Force on Financial Literacy

    BusinessWeek - 6/26/09 - View Story

  • New National Task Force on Financial Literacy to be Chaired by Sun Life CEO, Minister of Finance Announces

    CNW Group via Yahoo! - 6/26/09 - View Story