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Commercial Metals Names New Chief Operating, Financial Officers
01/19/2016 - U.S.-based Commercial Metals Company (CMC) has promoted its chief financial officer as its new chief operating officer, the company has announced.
In her new role, Barbara R. Smith will oversee the company’s two operational divisions, CMC Americas and CMC International. She will report to chairman and chief executive officer Joseph Alvarado.
"The promotion of Barbara Smith is part of the company's long-term development and succession planning process, and we have every confidence in Barbara as she takes on the roles and responsibilities of chief operating officer," Alvarado said in a statement.
Prior to joining CMC, Smith was a vice president and CFO at Gerdau Ameristeel Corp. Prior to that, she served as senior vice president and CFO of FARO Technologies Inc., a developer and manufacturer of 3D measurement and imaging systems.
From 1981 to 2005, Smith worked for aluminum producer Alcoa Inc., where she held various financial leadership positions. Those positions included vice president of finance for Alcoa's aerospace, automotive and commercial transportation group; vice president and CFO for Alcoa Fujikura Ltd.; and director of internal audit.
Smith holds an accounting degree from Purdue University and is a certified public accountant.
She will be succeeded by Mary A. Lindsey, who has been named vice president and CFO. Lindsey, who has been with CMC since 2009, previously served as vice president - tax and investor relations.
"I couldn't be more pleased to have Mary step into this critical role," Alvarado said. "The wealth of experiences that she brings to the CFO role will be invaluable to CMC.
Prior to joining CMC, Lindsey served as a vice president and tax counsel for Albany International Corp., an international advanced textiles and materials processing company.
Much of her career was spent at The Timken Co., where she held various roles, including vice president of tax and tax counsel, legal counsel responsible for global mergers and acquisitions and intellectual property, and general manager of corporate mergers and acquisitions.
She holds bachelor’s degrees in Russian and political science and a law degree from State University of New York. She also has an L.L.M. in taxation from Case Western Reserve University.
"The promotion of Barbara Smith is part of the company's long-term development and succession planning process, and we have every confidence in Barbara as she takes on the roles and responsibilities of chief operating officer," Alvarado said in a statement.
Prior to joining CMC, Smith was a vice president and CFO at Gerdau Ameristeel Corp. Prior to that, she served as senior vice president and CFO of FARO Technologies Inc., a developer and manufacturer of 3D measurement and imaging systems.
From 1981 to 2005, Smith worked for aluminum producer Alcoa Inc., where she held various financial leadership positions. Those positions included vice president of finance for Alcoa's aerospace, automotive and commercial transportation group; vice president and CFO for Alcoa Fujikura Ltd.; and director of internal audit.
Smith holds an accounting degree from Purdue University and is a certified public accountant.
She will be succeeded by Mary A. Lindsey, who has been named vice president and CFO. Lindsey, who has been with CMC since 2009, previously served as vice president - tax and investor relations.
"I couldn't be more pleased to have Mary step into this critical role," Alvarado said. "The wealth of experiences that she brings to the CFO role will be invaluable to CMC.
Prior to joining CMC, Lindsey served as a vice president and tax counsel for Albany International Corp., an international advanced textiles and materials processing company.
Much of her career was spent at The Timken Co., where she held various roles, including vice president of tax and tax counsel, legal counsel responsible for global mergers and acquisitions and intellectual property, and general manager of corporate mergers and acquisitions.
She holds bachelor’s degrees in Russian and political science and a law degree from State University of New York. She also has an L.L.M. in taxation from Case Western Reserve University.
