Steel Dynamics Appoints New President And COO
Steel Dynamics, Inc. has appointed Mark D. Millett as President and Chief Operating Officer, effective immediately. Millett, a co-founder of the company in 1993, has been Executive Vice President for Metals Recycling and Ferrous Resources as well as President and COO of OmniSource Corporation, a wholly owned subsidiary, since August 2008. Millett has been responsible for the company's resources platform, which includes all ferrous and nonferrous scrap operations and ironmaking initiatives. Millet will assume direct management of the operating leadership team and on executing the company's growth strategies. Millet’s former position has not been filled as the company is still searching for a replacement.
At Steel Dynamics, Millett led the successful integrations of The Techs and OmniSource into the company after their acquisitions in 2007. He also led the team that pioneered the company's Iron Dynamics and Mesabi Nugget ironmaking initiatives. During his 10 years leading the Flat Roll Division, from 1998 to June 2008, Mr. Millett and his team initiated the process that led to expanded operations, products and diversification, which created the framework to increase the Butler Mill's steelmaking capacity to three million tons annually, making it one of the most productive and profitable flat roll mini-mills in the country.
Previously, Millett was employed by Nucor Corporation for 12 years, where he served in several key positions, including the design, construction and operation of the melting and casting facility at the world's first thin-slab mini mill in Crawfordsville, Indiana.
(Source: Steel Dynamics, Inc.)