Commercial Metals Announces Organizational Realignment
05/23/2007 - Commercial Metals will realign its operational and management structure, with CMC Executive Vice Presidents Russell Rinn and Hanns Zoellner assuming expanded management responsibilities for two newly formed operational units - CMC Americas and CMC International.
Commercial Metals Co. announced today a realignment in operational and management structure with CMC Executive Vice Presidents Russell Rinn and Hanns Zoellner assuming expanded management responsibilities for two newly formed operational units - CMC Americas and CMC International.
Rinn will serve as President of CMC Americas, and Zoellner will serve as President of CMC International. CMC Americas' operations will include all of CMC's domestic mills and fabrication units, CMC Recycling, and the CMC Dallas Trading division of the existing Marketing and Distribution segment. CMC International will include all mill, recycling, fabrication, and marketing & distribution operations located outside the Americas, as well as the CMC Cometals and CMC Commonwealth Metals divisions of the existing Marketing and Distribution segment due to their strong involvement with international sourcing and sales.
"The new structure couples the strength of our integrated operations with our global coverage and will sharpen our focus on maximizing the inherent operational efficiencies,” said CMC President and CEO Murray R. McClean. “These changes will enable CMC to better capture growth opportunities whenever and wherever presented."
McClean added, "A significant advantage for us as we implement this initiative is our ability to leverage strong talent within CMC. We have a proven management team with a deep knowledge of their customers and markets, and a shared commitment to CMC's strategic vision."
The announced changes become effective September 1.
Headquartered in Irving, Texas, Commercial Metals Co. and subsidiaries manufacture, recycle, and market steel and metal products, related materials and services through a network including steel minimills, steel fabrication and processing plants, construction-related product warehouses, a copper tube mill, metal recycling facilities and marketing and distribution offices in the United States and in strategic overseas markets.
