DMC Global Announces Promotion of Antoine Nobili to President of NobelClad

Rhea-AI Summary

DMC Global Inc. (Nasdaq: BOOM) has promoted Antoine Nobili to president of NobelClad, its composite metals business. With 25 years at NobelClad, including 11 years as managing director of European operations, Nobili has a proven track record in product development and operational leadership. Kevin Longe, DMC's CEO, praised Nobili's leadership and contributions to the company's growth. Nobili expressed confidence in NobelClad's future, citing a strong culture of safety and a compelling growth strategy. The promotion emphasizes DMC's commitment to fostering internal talent.

Positive

• Antoine Nobili has 25 years of experience with NobelClad, indicating stable leadership.
• Nobili's promotion from within reflects DMC's talent development and internal growth strategy.
• Nobili's past achievements and leadership roles suggest potential for future growth and innovation.

Negative

• None.

BROOMFIELD, Colo., July 30, 2020 (GLOBE NEWSWIRE) -- DMC Global Inc. (Nasdaq: BOOM) today announced the promotion of Antoine Nobili to president of NobelClad, the Company’s composite metals business. 

Nobili, 49, has worked with NobelClad for 25 years, the past 11 of which as managing director of its European operations. He joined the business in 1995 as a research and development engineer.  In 2000, he was promoted to product manager, and led the commercialization of NobelClad’s explosion-welded electrical transition joints (ETJs), which today are used extensively by the global aluminum smelting industry. Nobili was named general manager of operations of NobelClad’s manufacturing facility in Rivesaltes, France in 2003; and in 2009, he became managing director of the EMEA region (Europe, Middle-East and Africa), including NobelClad’s manufacturing operations in Germany.

Kevin Longe, president and CEO of DMC, and former interim president of NobelClad, said, “I have worked closely with Antoine for the past eight years, and have been impressed by his growth as a leader, his commercial and operational skills, and his achievements in product, application and global market development.  Antoine led our 2014 acquisition and startup of NobelClad’s flagship European manufacturing plant in Liebenscheid, Germany, as well the subsequent consolidation of our European operations. His many accomplishments have significantly enhanced NobelClad’s opportunities for future growth.”

Longe added, “We considered a number of external and internal candidates, and Antoine emerged as the best person for this role. I am very pleased the position was filled from within DMC, as it illustrates the depth and breadth of talent within our global organization.”

Nobili said, “I have spent most of my career with NobelClad, and am extremely proud to have the opportunity to lead the organization. We have assembled exceptional commercial, technical and operating teams that collaborate seamlessly around the world.  We also have a healthy culture of safety, quality and customer service, and a compelling long-term growth strategy.  I look forward to accelerating the deployment of that strategy, and am confident NobelClad’s future has never been brighter.” 

Nobili holds a Master of Business Administration from IFG – the French Institute for Business and Administration; and a master’s degree in mechanical engineering from the National School of Engineers of Tarbes.  He and his wife, Sara, live in Perpignan, France with their two children. 

About DMC
DMC Global is a diversified holding company.  Our innovative businesses provide differentiated products and services to niche industrial and commercial markets around the world. DMC’s objective is to identify well-run businesses and strong management teams and support them with long-term capital and strategic, legal, technology and operating resources. Our approach helps our portfolio companies grow core businesses, launch new initiatives, upgrade technologies and systems to support their long-term strategy, and make acquisitions that improve their competitive positions and expand their markets.  DMC’s culture is to foster local innovation versus centralized control, and stand behind our businesses in ways that truly add value. Today, DMC’s portfolio consists of DynaEnergetics and NobelClad, which collectively address the energy, industrial processing and transportation markets.  Based in Broomfield, Colorado, DMC trades on Nasdaq under the symbol “BOOM.” For more information, visit the Company’s website at: http://www.dmcglobal.com.

CONTACT:
Geoff High
Vice President of Investor Relations
303-604-3924

FAQ

What is the significance of Antoine Nobili's promotion at DMC Global?

Antoine Nobili's promotion is significant as it showcases DMC's commitment to internal talent development and aims to drive growth in NobelClad, a key business unit.

How long has Antoine Nobili worked with NobelClad?

Antoine Nobili has worked with NobelClad for 25 years, having held various positions including managing director of European operations.

What experience does Antoine Nobili bring to his new role as president?

Nobili brings extensive experience in commercial, operational skills, and product development, having led key initiatives in NobelClad's European operations.

What does DMC Global expect from the leadership change at NobelClad?

DMC Global expects enhanced growth opportunities and continuity in strategic objectives following Nobili's leadership change at NobelClad.

What future strategies did Antoine Nobili mention for NobelClad?

Antoine Nobili mentioned a compelling long-term growth strategy and a focus on safety, quality, and customer service for NobelClad.