Stanley A. Rabin, Chairman, President and CEO of Commercial Metals Co., announced that Russell B. Rinn will be appointed President and CEO of the CMC Steel Group effective January 26, 2006.

Rinn will replace steel-industry icon Clyde P. Selig, 73, who currently serves as President and CEO of the CMC Steel Group and a Director of Commercial Metals Co. Selig, who plans to stay active with the company, will not stand for reelection as a Director when his term ends January 26, 2006, but will be appointed Advisor to the Chairman.

Selig has been a leading figure within both CMC and the steel industry over his more than 43 years of service with CMC. During his tenure, Selig has been a steady guiding force for the CMC Steel Group from its beginnings as a single re-rolling operation to its current position as a vertically integrated steel manufacturing, fabrication and distribution operation with more than 100 locations. Along the way, he has been instrumental in developing a deeply entrenched culture within both CMC and the CMC Steel Group. This culture is best embodied by the "CMC Way," a philosophy of caring and working together as a team with dignity and respect and whose eternal values are the cornerstone of how CMC Steel Group business is conducted.

Under Selig's guidance, the CMC Steel Group recorded the two most successful years in its more than 55-year history, in terms of both financial and operational results.

Rinn, who currently serves as Chief Operating Officer of the CMC Steel Group, has been with the company since 1978. He has served in a variety of operating and management positions with the company's steel mills and rebar fabricating business segments, and as COO of the CMC Steel Group for the past two years. Educated in Seguin, he graduated from Texas Lutheran University, and he recently completed the Stanford University Senior Executive Program.

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.