Stephen Eisenberg has been named chairman and CEO of Kenwal Steel, succeeding his father Kenneth to become the third generation to lead the company. Detroit-based Kenwal is one of the largest service center organizations in North America, listed at No. 17 on this year’s Metal Center News Top 50 Service Centers ranking with 2020 revenues estimated at $721 million.
Kenwal Steel was founded by Stephen Eisenberg’s grandfather, Sol Eisenberg, in 1947. His father Kenneth led the company for the past 50 years.
“I am profoundly privileged to assume the helm of the company I love. It is an honor to lead the exceptional men and women who have helped make Kenwal Steel a critical part of manufacturing across the nation,” said Stephen Eisenberg. “The legacy of my father and grandfather taught me the importance of fostering and honoring the partnerships we have formed with our customers and mills, as well as those with our employees, who remain our most vital resource.”
Stephen Eisenberg joined Kenwal in 1992, assuming the head of the company’s Gary, Ind., facility in 1996. Under his direction, that facility tripled its sales over the next five years, leading to the opening of a new service center in Burns Harbor, Ind., in 2004. In addition to metro Detroit and Burns Harbor, Kenwal has facilities in Lebanon, Tenn., and offices in Canada and Mexico. Within its facilities, the company operates a network of seven steel slitting lines and a high-volume pickling line with in-line tension leveling.
Stephen Eisenberg holds a bachelor’s degree in liberal arts from the University of Michigan and an MBA in Finance from the NYU Stern School of Business.
“Stephen has the experience, sharp insight, talent and vision to take Kenwal into the future,” said Kenneth Eisenberg. “He has more than demonstrated to our customers and partners his considerable skill for sourcing the highest quality steel with unparalleled customer service.”
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