Distributors/Service Centers
Ryerson Names Lehner to Board Seat
Written by Tim Triplett
February 23, 2022
Eddie Lehner, president and CEO of Ryerson Holding Corp., has been named to the service center’s board of directors, expanding the board from seven to eight members.
“Eddie has been a tremendous leader and his accomplishments as president and CEO have been transformative for Ryerson,” said Jacob Kotzubei, a member of Ryerson’s board. “He brings to this appointment a deep knowledge of the metals industry and a fantastic track record of executing on his vision for Ryerson. The board looks forward to continuing to work with him in this expanded capacity.”
Lehner joined Ryerson in 2012 as its chief financial officer before becoming president and CEO in 2015. Prior to joining Ryerson, he served in CFO positions with PSC Metals, Inc., and SeverCorr, LLC. His career also includes senior general management, operational, financial, accounting, tax and consulting roles for Nucor Corp., Birmingham Steel Corp. and Deloitte & Touche LLP.
“It is my true honor to join the board at this moment in Ryerson’s storied history with gratitude and humility,” said Lehner. “The work we have done as an organization to improve Ryerson’s financial condition as well as the industrial metals customer experience has come a long way, however our best work together is still to come. I look forward to continuing our progress as a member of the board in addition to my current president and CEO responsibilities.”
Chicago-based Ryerson is a leading value-added processor and distributor of industrial metals, with operations in the United States, Canada, Mexico and China.
By Tim Triplett, Tim@SteelMarketUpdate.com
Tim Triplett
Read more from Tim TriplettLatest in Distributors/Service Centers
Ryerson, Olympic bet big on merger as steel slump enters third year
Executives framed the all-stock deal as a path to scale, efficiency, and long-term growth despite ongoing weakness in the metals market.
Olympic reports lower Q3 profits after Ryerson merger announcement
Olympic Steel reported a decline in third-quarter earnings on Tuesday, as the company separately announced its merger with service center giant Ryerson.
M&A blockbuster as Ryerson, Olympic Steel announce merger
National service center chains Ryerson Holding Corp. and Olympic Steel Corp. have announced a merger between the two companies.
Ryerson reports net loss in Q3 as weak demand offsets tariff price support
President and CEO Eddie Lehner said Ryerson has faced market headwinds in the third quarter.
Reliance profits dip amid trade policy headwinds
Reliance Inc. reported lower profits in the third quarter amid trade woes and abundant inventory in the market.