Steel Mills

SDI Names Millett Chairman of the Board

Written by Sandy Williams


Steel Dynamics CEO and President Mark Millett will add chairman of the board to his executive duties. Millett, who co-founded Steel Dynamics in 1993 with Keith Busse and Richard Teets, will replace Busse as chairman, effective immediately as part of a planned leadership transition. Busse will continue to serve as a director on the board.

Mark Millett“Mark has done a tremendous job leading the company,” stated Busse. “He has a clear strategic vision for Steel Dynamics and has demonstrated effective execution of this strategy. I believe Mark and the Steel Dynamics team will propel the company forward through the next stage of growth. I am pleased to remain a director of the board and to continue to participate in the great strides and opportunities we expect for the future.”

“On behalf of the board of directors, we would like to sincerely thank Keith for his contributions and valuable insights while serving since inception as our chairman of the board,” added Millett. “His expertise in the industry, multitude of business relationships and wise judgment have been instrumental in guiding Steel Dynamics through many business and developmental milestones. I look forward to continuing to work closely with Keith as a director of our board.”

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