Nicol to quit as head of Dynamic Materials’ NobelClad business
BOULDER — NobelClad, the explosion-welding business segment of Boulder-based Dynamic Materials Corp. (Nasdaq: BOOM), is launching a search to find a replacement for president and general manager Jeff Nicol.
Nicol, who came to Dynamic Materials in 2008, announced Friday that he will resign June 14 and return to Alcoa Inc. (NYSE: AA) in Pennsylvania, where he had worked for 21 years.
“He’s got lots of family there and deep roots,” said Geoffrey High, vice president for investor relations and corporate communications at Dynamic Materials.
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Nicol had become chief metallurgist and global marketing director for Alcoa, and will return to that company as senior manager for aerospace and defense at its technical center in New Kensington, Pa., High said.
Dynamic Materials is headquartered at 5405 Spine Road in Gunbarrel. Through its NobelClad business, it manufactures explosion-welded clad metal plates, which are used to make equipment used in a variety of industries, including oil and gas. The company has manufacturing operations in Germany, Russia and East Asia. Its DynaEnergetics business develops, manufactures and markets advanced explosive components and systems used to perforate oil and gas wells.