Market Overview

Sims Metal Management Announces Retirement of Robert Kelman - Managing Director - European Metals


Sydney, Australia and New York, May 27, 2015 (ASX:SGM, OTC:SMSMY)  - Sims Metal Management CEO Galdino Claro today announced that Robert ("Bob") Kelman, Managing Director of European Metals, will retire from Sims on June 30, 2015.

Mr. Kelman has been Managing Director of Sims' European Metals division since July 1, 2014, charged with the realignment and growth of Sims' metal recycling operations in Europe. Mr. Kelman will remain as a consultant to Sims for a period of time after his retirement.

"Bob is among the most experienced recycling executives in the world, one who brings both enthusiasm and perspective to every assignment he undertakes, "Mr. Claro said. "We deeply appreciate all he has done for this Company through his 27 years of service."

Mr. Kelman has been involved in the recycling industry for more than 30 years. Prior to his current position, he served as President, North America Metals for Sims. He previously held positions of President of Commercial and Business Development of the Company, and also President and COO of predecessor company Sims-Hugo Neu, where he was the chief architect of the Company's landmark long-term contract with New York City to recycle its curbside post-consumer metals, plastic and glass.

"Sims is safer and stronger than it's ever been and I have every confidence that our business will continue to thrive and grow in the years to come," said Mr. Kelman.

Paul Wright - Director Commercial, UK Metals and Peter Bird - Director Operations, UK Metals will now report directly to Galdino Claro.


About Sims Metal Management
Sims Metal Management is the world's largest listed metal recycler with over 250 facilities and 5,700 employees globally. Sims' core businesses are metal recycling and electronics recycling. Sims Metal Management generates approximately 60% of its revenue from operations in North America. The Company's ordinary shares are listed on the Australian Securities Exchange (ASX: SGM) and its ADRs are listed in the United States on the Over-the-Counter market (OTC: SMSMY).

Please visit our website ( for more information on the Company and recent developments.

Investor and media inquiries contact
Todd Scott
Group Vice President - Investor Relations
Tel: +1 917 226 9482

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Sims Metal Management Limited via Globenewswire


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