Steel Products

Worthington Enterprises taps Hayek as president, CEO

Written by Ethan Bernard

October 8, 2024

Worthington Enterprises has named Joseph Hayek as the company’s next president and CEO, effective Nov. 1. He will replace Andy Rose, who is retiring.

Hayek has served as the Columbus, Ohio-based company’s EVP and chief financial and operations officer since December 2023.

Recall that Worthington Industries split into two standalone, public companies on Dec. 1 of last year: Worthington Enterprises and Worthington Steel. Worthington Enterprises focuses on building products, consumer products, and sustainable energy solutions. Meanwhile, Worthington Steel specializes in steel processing, electrical steel lamination, and tailor welding.

Before the split, Hayek served as Worthington Industries’ VP and CFO from November 2018 to November 2023.

“We expect a seamless and effective transition as Joe has earned the respect of the board, our employees and the investment community,” Worthington Enterprises Chairman of the Board John Blystone said in a statement on Tuesday. 

Regarding Rose’s retirement, Blystone said: “On behalf of the board, I would like to thank Andy for his contributions to Worthington over his 16 years with the company and four years as CEO.”

“I would particularly like to recognize the role he played successfully leading the team that separated Worthington Industries into two independent public companies,” he added.

Souza VP and CFO

At the same time, Worthington Enterprises announced Colin Souza will become VP and CFO of the company, also effective Nov. 1. He is currently VP of finance, overseeing financial planning and analysis, corporate development, M&A, and corporate strategy and innovation.

Ethan Bernard

Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA. in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

Read more from Ethan Bernard

Latest in Steel Products