CHICAGO, May 8, 2015 /PRNewswire/ -- Ryerson
Holding Corporation (NYSE: RYI), a leading processor and
distributor of metals, today announced that its Board of Directors
has appointed Edward J. Lehner as
the Company's President and Chief Executive Officer, effective
June 1, 2015. He will succeed
Michael C. Arnold who will retire at
the end of the month.
Edward Lehner, 49, has served as
the Company's Executive Vice President and Chief Financial Officer
since 2012. In this role he has been responsible for leading
several functions including Finance & Accounting, Supply Chain,
Corporate Development and Information Technology.
"The Board conducted an extensive internal and external search
to find the right candidate to lead the business forward," said
Philip E. Norment, a member of
Ryerson's Board of Directors who led the CEO search process.
"Eddie's proven leadership in the metals industry and his excellent
knowledge of our business make him ideally suited to leading
Ryerson's future success," added Mr. Norment.
"Our Board of Directors would like to thank Mike Arnold for his leadership and vision over
the past four years helping to guide the transformation of our
business, and we wish him the very best in retirement," Mr. Norment
added.
Prior to joining Ryerson, Mr. Lehner was The Chief Financial
Officer and Chief Administrative Officer of PSC Metals, Inc., a
diversified metals company and a Founder, Executive Vice President
and Chief Financial Officer of SeverCorr, LLC. His career also
includes several senior financial and general management roles for
Nucor, Birmingham Steel, Inc., and Laurel
Steel. Mr. Lehner's career began in 1989 with Deloitte
Touche Tohmatsu Ltd. in the audit, tax and IT practice in
Cincinnati, Ohio. Mr. Lehner
serves on the board of directors of Modumetal. He is a member
of the Financial Executives International (FEI). He holds a
bachelor of arts degree in Accounting from the University of Cincinnati and is also a Certified
Public Accountant.
Lehner said, "I have been proud to be a part of the Ryerson
story for the past three years, and look forward to continuing to
work with the Ryerson Board of Directors, leadership team and my
colleagues to build on the solid foundation Mike
developed. The next leg of our transformation demands that we
advance our work to deliver results with great energy, passion,
intelligence and skill that further Ryerson's purpose as an
indispensable partner to our customers' success, an excellent place
to work and an engine for creating shareholder
value."
About Ryerson
Ryerson is a processor and distributor
of metals with operations in the United
States, Mexico,
Canada, China and Brazil. The company serves a variety of
industries, including customers making products or equipment for
construction, packaging, oil and gas and truck trailers. Founded in
1842, Ryerson is headquartered in the
United States and employs approximately 3,600 employees in
more than 100 locations.
Visit Ryerson at www.ryerson.com
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SOURCE Ryerson Holding Corporation