Gerdau Ameristeel Announces Departure of Chief Operating Officer
05/17/2010 - Gerdau Ameristeel announces that Vice President and Chief Operating OfficerTerry K. Sutter will be leaving the company for personal reasons, effective May 21, 2010.
Gerdau Ameristeel Corp. announced that Vice President and Chief Operating Officer Terry K. Sutter will be leaving the company for personal reasons. His departure is effective May 21, 2010.
"On behalf of Gerdau Ameristeel, I would like to thank Terry for his contributions to the company and wish him and his family well for the future," said Mario Longhi, President and CEO.
Gerdau Ameristeel recently reported a $25.2 million net income for the first quarter ended March 31, 2010.
Gerdau Ameristeel is the second-largest minimill steel producer in North America, with annual manufacturing capacity of approximately 12 million tons of mill finished steel products. Through its vertically integrated network of minimills, scrap recycling facilities and downstream operations, Gerdau Ameristeel serves customers throughout the United States and Canada. Gerdau Ameristeel's majority shareholder is the Gerdau Group, a 100+ year old steel company, a leading producer of long steel in the Americas and one of the major specialty long steel suppliers in the world.
