Appointment of CEO

    RNS Number : 7180V
  Globe Specialty Metals, Inc
  02 June 2008
   
    NEW YORK, June, 2 2008 - Globe Specialty Metals, Inc. (AIM:GLBM.L) today announces that Jeff Bradley, age 48, has been appointed Chief
Executive Officer. Alan Kestenbaum will remain Executive Chairman of the Board and will continue to be responsible for over all strategy and
will lead new business development and growth initiatives for the Company.

    Mr. Bradley was Chairman of the Board and CEO of Claymont Steel (Nasdaq: PLTE), the country's leading producer of custom steel plate
from 2005 through February of this year. Prior to Claymont, Jeff held numerous key roles at Worthington Industries, a US$3 billion
diversified metal processing company.  

    While at Claymont, Jeff led an initial public stock offering and three public bond offerings. He rebuilt the executive and senior level
management teams and spearheaded one of the largest capital investment programs in the company's history. He also developed and instituted
an innovative sales compensation plan that resulted in the development of over 175 new customers and the highest average selling price in
the custom steel plate market.

    Alan Kestenbaum, Chairman of the Board, said "I am very pleased to have Jeff on our executive team. His strong and diverse background
will be a significant asset to Globe, and his leadership will allow me to devote more time to global business development for the Company as
we look to accelerate the Company's growth. I look forward to working closely with him on the exciting initiatives that are already underway
and the many more that we will develop in the future."

    Jeff holds a Bachelor of Science degree in Business Administration from Loyola College in Baltimore.

    Globe Specialty Metals, Inc. is among the world's largest producers of silicon metal and silicon based specialty alloys, critical
ingredients in a host of industrial and consumer products with growing markets. Customers include major silicone chemical, aluminum and
steel manufacturers, auto companies and their suppliers, ductile iron foundries, manufacturers of photovoltaic solar cells and computer
chips, and concrete producers. The Company is headquartered in New York City. For further information please visit our web site at
www.glbsm.com.
    `

    Telephone Contact: 

    Daniel J. Krofcheck
    Chief Financial Officer
    212-798-8122

This information is provided by RNS
The company news service from the London Stock Exchange
 
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