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Ferro CEO James Kirsch resigns

2:51 PM MST | November 13, 2012 | Rebecca Coons

Ferro announced today that James Kirsch has stepped down as president and CEO and resigned from his position as the chairman of company's board of directors. The transition follows several quarters of sharply lower financial results. Peter Thomas, v.p. of Ferro's polymer and ceramic engineered materials unit, has been named interim president and CEO. “Peter has more than 30 years of experience in the chemicals and materials manufacturing industries and has a track record at Ferro of enhancing value through cost reductions and improved leverage on existing...

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