Alter appoints president and CEO

St. Louis-based Alter Trading Corp. has announced that Jack Grundfest today assumed the roles of president and CEO, succeeding Jay Robinovitz, who retired as CEO and will continue to serve on the company’s board of directors.

Grundfest joined Alter with the acquisition of Tenenbaum Recycling Group (TRG) in August 2018 and initially served as senior vice president and chief administrative officer before becoming president in 2021.

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Prior to joining TRG, Grundfest was managing director and CEO of the Mitchell, Williams Law Firm in Little Rock, Arkansas, and has more than 35 years of experience in management, business transactions and corporate and tax law. Grundfest earned his bachelor’s degree from the University of Arkansas, his juris doctor from the Bowen School of Law at the University of Arkansas at Little Rock and his master of laws in taxation at the University of Denver School of Law. Grundfest has been an active member of the business, charitable and civic communities in Arkansas, having served on the boards of various for-profit and nonprofit entities.

“Congratulations to Jack as he takes the lead into the next era, which we are certain will be an exciting and rewarding one for Alter Trading,” Chairman Rob Goldstein says. “We are looking forward to experiencing much success under Jack’s leadership.”

Founded in 1898, Alter is a privately owned, fifth-generation company and is ISO 9001 and 14001 certified. Alter provides a direct supply of metal products, raw materials and related services to customers in the Unites States and throughout the world. The company boasts 71 locations in nine states, a sales office in Singapore, 18 automobile shredders and 1,600 employees.