Service Centers
Osborne to Succeed Chisholm as Samuel CEO
Written by Tim Triplett
July 11, 2019
Canada’s Samuel, Son & Co., Limited, has named Colin Osborne to replace the retiring Bill Chisholm as the company’s president and chief executive officer, effective Aug. 1. Osborne has been transitioning to the leadership role since late 2018 as Samuel’s president and chief operating officer. Chisholm has served as CEO since 2013.
“On behalf of the board of directors, I would like to thank Bill for his dedication to Samuel and to wish him the very best in his retirement. It has been a pleasure to work with Bill in modernizing this great family enterprise,” stated Mark Samuel, chairman of the board. “Colin’s depth of experience across our business makes him ideally suited to be our next president and CEO, and we look forward to having him step into this role in August. He has the full support of the family and the Board.”
“It has been my honor and privilege to have worked with the board of directors, management committee, and Samuel team to grow this business into the largest and most successful family-owned metals distribution, processing and fabrication company in North America,” said Chisholm. “Colin will be an excellent president and CEO for Samuel and I know the business will continue to thrive under his leadership.”
Prior to serving as president and COO, Osborne was president of Samuel’s Service Centers. He joined the company in 2015 as president of Samuel Manufacturing Group, where he led the company’s diversified manufacturing businesses. Before joining Samuel, Osborne was president and CEO of Vicwest, Inc., and previously held senior leadership positions at Stelco.
“I would like to express my appreciation to Bill for his guidance and support, as well as to the family and board for putting their trust in me as I assume the role of leading such an exceptional business,” said Osborne. “I look forward to working with the talented Samuel team and our key suppliers to deliver an exceptional customer experience.”
Samuel, Son & Co., Limited, is a family-owned and operated integrated network of metal manufacturing, processing and distribution divisions with over 6,500 employees and more than 100 facilities.
Tim Triplett
Read more from Tim TriplettLatest in Service Centers
Friedman’s profits tick higher on record quarterly sales volumes
Friedman Industries' earnings increased in its fiscal fourth quarter ended March 31.
Worthington expands European presence with closing of Sitem deal
The Ohio-based steel processor is now the majority owner of Italy's Sitem Group, which has six manufacturing sites across Italy, Switzerland, Slovakia, and France.
Klöckner narrows Q1 loss, targets growth in North America and Europe
Germany’s Klöckner & Co. reported a narrower loss in the first quarter as the company targets becoming the “leading” service center and metal processing firm in North America and Europe by 2030.
Russel mulls buying US service centers despite Q1 profit dip
Russel Metals’ earnings slipped in the first quarter, but the company is still eyeing service center acquisitions in the US.
Olympic Steel earnings slump in ‘challenging’ first quarter
Olympic Steel’s earnings slid in the first quarter as the steel industry faced a “challenging” economic conditions.