“After more than 35 years at Midrex, and at this stage of my career, I want to spend more time with my family and in ministry, something that was very difficult in my current position. Working the last 13 years with K.C. has made this decision a lot easier,” Montague said. 

Montague will retire in April 2024, but will remain on the board of directors. In the meantime, Woody has been promoted to president. He’ll retain his title as chief operating officer. 

“I am incredibly thankful and humbled by the trust being placed in me by Kobe Steel and my fellow teammates at Midrex,” Woody said. “Midrex is a special place, and Stephen is an incredible leader and friend. I know how much his family means to him, and I am excited for him as he starts this next chapter of his life.”

Woody joined Midrex in 2010 and has served in a variety of commercial roles, including as the first managing director of Midrex India Private Ltd. and vice president — commercial of Midrex Technologies Inc. He was promoted to chief operating officer in 2020. 

Prior to joining Midrex, Woody, a graduate of the U.S. Military Academy at West Point, was an active duty officer in the U.S. Army.