Kaiser Aluminum chief financial officer resigns

By Angela McDaniels

Seattle, Jan. 24 - Kaiser Aluminum Corp.'s chief financial officer Kerry A. Shiba has resigned, according to a company news release.

Shiba's decision to resign is based on a personal relationship with another employee that the company determined to be inappropriate, according to the release. Kaiser said the resignation is in no way related to the company's internal controls, financial statements, financial performance or financial condition.

President and chief executive officer Jack A. Hockema, vice president and controller Daniel D. Maddox and vice president and treasurer Daniel J. Rinkenberger will perform Shiba's duties until a successor is determined.

"We remain well positioned to complete the company's restructuring and lead it into the future," Hockema said in the release.

Kaiser, a Foothill Ranch, Calif.-based aluminum company, filed for bankruptcy on Feb. 12, 2002. Its Chapter 11 case number is 02-10429.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.