In a statement, Olympic Steel said Greiff's new responsibilities, which take effect 1 January 2020, will come on top of his current role. As part of his expanded duties, Greiff will be responsible for strategic leadership of Olympic Steel’s commercial efforts and will oversee sales, purchasing and operations, the company said. 

“Andrew has played an important role in the expansion and diversification of our business,” said chief executive officer Richard T. Marabito.

“He has a deep understanding of the metals industry and has demonstrated exceptional leadership as our COO, and previously as president of our specialty metals business. We will benefit from his wisdom, experience and guidance as we continue on our path of profitable growth.”

Greiff succeeds David A. Wolfort, who has served as Olympic Steel president for the past 18 years. Wolfort is stepping aside as part of a planned succession, and he will continue to serve the company in a senior advisory capacity and as a member of the board of directors.

“During his more than 35 years with the company, David has been the chief architect of our commercial success and growth. David’s tireless commitment to Olympic Steel and all those we serve has helped shape the business to become a leading U.S. metals service center with more than US$1.7 billion in annual revenue,” said Marabito.

“We thank David for his exceptional contributions and confidently look forward to Andrew’s leadership.”