U.S. Markets closed

Harsco names new chief financial officer

CAMP HILL, Pa. (AP) -- Industrial services company Harsco Corp. said Monday that it has appointed F. Nicholas Grasberger as its senior vice president and chief financial officer.

Grasberger succeeds Barry Malamud, who has been serving as interim chief financial officer since November following the resignation of its former CFO. Grasberger will take on his new role on April 22.

Grasberger, 49, worked most recently as the managing director of the precision polymers division of Fenner PLC, which makes belting for industrial and commercial markets. He has previously served as the chief financial officer of Armstrong Holdings Inc. and Kennametal Inc.

Harsco, based in Camp Hill, Pa., provides industrial services and engineered products, such as materials handling or granules for asphalt roofing shingles. The company relies heavily on non-residential construction and infrastructure spending.

Its shares increased 6 cents to $23.62 by midday Monday. Its shares peaked for the past year at $26.02 in in mid-February. They fell as low as $18.40 in mid-November 2012.