Venture Metals International, a provider of high-touch recycling solutions based in Dallas, has announced that it has appointed Michael Ramirez to serve as executive vice president and chief financial officer (CFO). Venture Metals is a portfolio company of Mill Rock Capital, a private investment firm based in New York.
In the new position, Ramirez will report to CEO Mike Uhrick. He will be responsible for financial planning, financial operations, accounting, risk management and information technology (IT) as well as for integrating the financial functions of Venture Metals and Versatile Processing Group, which Venture Metals acquired in partnership with Mill Rock Capital earlier this year.
Ramirez has more than 30 years of experience in finance as well as experience in the recycling and metals industries, according to a news release from Venture Metals. Prior to joining the company, he was executive vice president and CFO of Strategic Materials Inc., a large glass recycler based in Houston. Before that, he was executive vice president and CFO of PSC LLC, a North American industrial, environmental and metal services company based in Houston.
“This is an important time in the Venture Metals story,” says Wayne Hale, chairman and chief operating officer of Venture Metals and senior partner at Mill Rock Capital. “We are fortunate to have a leader of Mike’s caliber at the financial helm of the organization, and I look forward to working with him.”
“I am honored to join this team at such an exciting juncture for Venture Metals,” Ramirez adds. “At a time of rising demand for increased transparency between generators and consumers of recycled metal, as well as a growing call for more environmentally sourced raw materials, Venture Metals offers an unmatched value proposition to the marketplace.”