Alter names senior vice president and chief financial officer

Scrap metals processing company Alter Trading Corp., St. Louis, has promoted Lisa Walden to the position of senior vice president and chief financial officer (CFO), effective Jan. 3, 2021. She currently serves as the company’s interim CFO and will continue to report to Alter President and CEO Jay Robinovitz following her promotion. 

In a news release announcing the promotion, Alter says it is a strategic step to support the extension of the company’s growth strategy and to advance its succession planning. The company adds that it seeks to develop successors to its executive leadership positions from within.

Walden joined Alter in 2011. Before taking the interim CFO position, she served as senior vice president of finance and treasury. Alter says Walden has built an exceptional and professional finance team during her tenure, providing strong support to the company’s operations and decisional support to senior management.

“Lisa has been a driving force in our growth and development over the past nine years,” Robinovitz says. “She has supported everything from our regional finance structure to our dynamic inventory process to our creative acquisition teams, all while developing a professional, operationally focused financial support team. I am so pleased that she has accepted the position as CFO.”

Founded in 1898, Alter is a privately owned, fifth-generation company and is ISO 9001 and 14001 certified. The company employs 1,325 people and operates 70 metal recycling facilities and seven trading offices in eight states, along with its representative sales office in Hong Kong, China.