IRVING, Texas, May 22 /PRNewswire-FirstCall/ -- Commercial Metals
Company (NYSE: CMC), headquartered in Irving, Texas, announced today a
realignment in operational and management structure to become effective
September 1. CMC Executive Vice Presidents Russell Rinn and Hanns Zoellner
will assume expanded management responsibilities for two newly formed
operational units -- CMC Americas and CMC International.
Rinn will serve as President of CMC Americas and Zoellner as President
of CMC International. CMC Americas' operations will include all of CMC's
domestic mills and fabrication units, CMC Recycling and the CMC Dallas
Trading division of the existing Marketing and Distribution segment. CMC
International will include all mill, recycling, fabrication and marketing
and distribution operations located outside the Americas as well as the CMC
Cometals and CMC Commonwealth Metals divisions of the existing Marketing
and Distribution segment due to their strong involvement with international
sourcing and sales.
In announcing the realignment, CMC President and CEO Murray R. McClean
said, "The new structure couples the strength of our integrated operations
with our global coverage and will sharpen our focus on maximizing the
inherent operational efficiencies. These changes will enable CMC to better
capture growth opportunities whenever and wherever presented." McClean
added, "A significant advantage for us as we implement this initiative is
our ability to leverage strong talent within CMC. We have a proven
management team with a deep knowledge of their customers and markets, and a
shared commitment to CMC's strategic vision."
Commercial Metals Company and subsidiaries manufacture, recycle and
market steel and metal products, related materials and services through a
network including steel minimills, steel fabrication and processing plants,
construction-related product warehouses, a copper tube mill, metal
recycling facilities and marketing and distribution offices in the United
States and in strategic overseas markets.
SOURCE Commercial Metals Company
 back to top
Related links:
http://www.cmc.com
CONTACT:
Debbie Okle, Director, Public Relations of
Commercial Metals Company, +1-214-689-4354
|
