Distributors/Service Centers

Olympic taps Scott for board, Rippey steps down

Written by Ethan Bernard

May 5, 2025

Olympic Steel elected Peter J. Scott to its board of directors at its annual meeting on May 2. At the same time, long-time director Michael G. Rippey has retired from the board after 10 years of service.

Scott founded Headwall Partners, an investment banking firm focusing on metals and mining. He currently serves as the managing partner.

“We are pleased to have Peter’s knowledge of global markets, especially in these volatile times, and his ideas and viewpoints will add a fresh perspective in the markets we currently serve,” Olympic Executive Chairman Michael D. Siegal said in a statement on Monday.

Rippey joined Olympic’s board in 2015. As previously reported, he will be retiring as CEO and member of the SunCoke Energy board, effective May 15. He will continue to serve as an advisor to SunCoke.

He has previously served as chairman of the board, president, and CEO of ArcelorMittal USA. Rippey has also served as chairman of the American Iron and Steel Institute (AISI).

Olympic is a Cleveland-based service center chain.

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.

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