Service Centers

Reliance taps Stotlar to be new board chair
Written by Michael Cowden
October 3, 2024
Reliance Inc., the largest service center chain in North America, has picked Douglas Stotlar as the next chairman of its board.
The move will be effective Jan. 1, 2025. Mark Kaminski, the current chair, will step down from that role but remain on the board.
The change is part of a long-term succession plan, the Scottsdale, Ariz.-based company said on Wednesday.
Stotlar has been on Reliance’s board of directors since 2016, according to the company’s website. He previously served as CEO and director of Con-way Inc., a freight and logistics company.
Kaminski has been chairman of Reliance’s board since July 2016. Before that, he was president and CEO of Commonwealth Industries Inc., a producer of aluminum rolled products.
Reliance also said it had named James Kamsickas to serve as an independent director of its board. That appointment was effective Oct. 1. Kamsickas is chairman and CEO of automotive parts supplier Dana Inc.
“We look forward to benefitting from his vast experience and expertise in industrial manufacturing, with a strong emphasis on safety,” Reliance CEO Karla Lewis said in a statement.

Michael Cowden
Read more from Michael CowdenLatest in Service Centers

Galvanized steel prices slip while demand remains flat: HARDI
Galvanized steel prices dipped to ~$48/hundredweight in August from the $50-59/hundredweight range during the month of July.

Mill Steel relocating Texas facility to Port of Houston
Mill Steel Co. announced it is relocating its Houston operations to a bigger facility at the Port of Houston.

Olympic taps Anza for GM role at Connecticut location
Olympic Steel Inc. has promoted Vincent Anza to the role of general manager for its Milford, Conn., facility.

Friedman Industries’ profits jump in its fiscal Q1
Friedman Industries’ fiscal first-quarter earnings nearly doubled from a year ago.

Russel Metals hits recent revenue high as Q2 shipments surge
Russel Metals posted its strongest quarterly revenue in three years, fueled by higher steel prices, steady demand, and near-record shipments across its service center network.