Century Aluminum (NASDAQ: CENX), a prominent name in the production of bauxite, alumina, and primary Aluminum, has named Peter A. Trpkovski as its new Executive Vice President and Chief Financial Officer (CFO). Trpkovski takes over from Jerry Bialek, who leaves the company after a planned transition.
This announcement comes at a time when Century is experiencing remarkable growth. According to InvestingPro data, the company has achieved an impressive 59% return on its stock over the past year, with a 41% surge in just the last six months.
With over a decade of experience at Century, Trpkovski is now tasked with leading the company’s strategic initiatives and further enhancing its financial operations. He will also continue serving in his role as Treasurer.
“Pete’s appointment ensures continuity and steady leadership for our business as we look to drive superior performance in 2025 and beyond,” said Jesse Gary, President and CEO of Century Aluminum. “Pete has extensive knowledge of Century’s operations and a proven track record of success in every area that he has led. His expertise and leadership will support Century’s long-term success. I look forward to continuing work with Pete, whose leadership has already made its mark at Century.”
Trpkovski, who has been with Century since 2013, has held several senior positions in finance, investor relations, and financial planning. He also led the company’s risk management efforts. Before joining Century, he worked at Citigroup and Johnson Controls. Trpkovski holds degrees in Electrical and Computer Engineering and Finance from the University of Michigan.
Century Aluminum stands as one of the largest primary Aluminum producers in the United States, with operations extending to Iceland, the Netherlands, and Jamaica. A recent analysis by InvestingPro revealed that Century boasts a strong financial standing, reflected by its “GOOD” financial health score. The company trades at an appealing P/E ratio of 5.6x, suggesting that its stock is currently undervalued compared to its fair value.
As Century continues its upward trajectory, Trpkovski’s leadership is expected to play a crucial role in its ongoing success.
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