Service Centers

Samuel Appoints New CFO
Written by Laura Miller
October 10, 2023
Samuel, Son & Co. has appointed Maria Perrella as its new CFO.
Perrella previously served as CFO at Canadian space technology company MDA, global automation company ATS, and L3Harris in Canada.

“We are pleased to welcome a CFO of Maria’s caliber and experience to Samuel. Maria has proven financial leadership capabilities at top-performing industrial and technology companies. I look forward to working with her as we accelerate Samuel’s growth and overall performance,” said Colin Osborne, Samuel’s president and CEO, in a statement.
Perrella succeeds Samuel’s previous CFO, John Amodeo, who announced his retirement earlier this year.
“I would like to thank John for his longstanding service to Samuel. During his tenure, we grew and diversified the business, expanded throughout North America, and entered several new markets. This progress was possible because of the strong financial systems and teams John developed over this time. On behalf of our owners, board, and team, I would like to wish John well in retirement,” Osborne stated.
Samuel is a family-owned, Oakville, Ontario-based metal processor and distributor with more than 80 locations throughout North America.

Laura Miller
Read more from Laura MillerLatest in Service Centers

Triple-S closes on American Stainless Tubing buy
Triple-S Steel Holdings has closed on its previously announced acquisition of American Stainless Tubing.

Worthington Steel fiscal Q4 profit rises despite sales drop
Worthington Steel earnings rose while sales fell in its fiscal fourth quarter.

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.