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Oregon Steel Mills Announces New Chairman

Oregon Steel Mills’ Board of Directors has appointed Carl W. Neun as Chairman.

The new Chairman replaces William Swindells, who retired from the Board on August 31, 2005. Mr. Swindells, the former CEO and Chairman of the Board of Directors of Willamette Industries, Inc., had served as a Director since 1994, and as Chairman since 2001.

Mr. Neun was appointed to the Board in 2002 and serves on its Audit Committee. Previously, he was Senior Vice President and Chief Financial Officer for Tektronix, Inc, an electronics manufacturing company from 1993 until his retirement in 2000. He holds a BA degree from Hamilton College and an MBA from the University of Pennsylvania's Wharton School. In addition to serving on the Board of Oregon Steel, he also serves on the boards of Planar Systems, RadiSys Corp. and Powerwave Technologies.

Jim Declusin, the company's President and CEO, stated: "Oregon Steel was very fortunate to have had Bill Swindells as Chairman during some of the most challenging years faced by the company. Having provided a steady hand and wise counsel through those difficult times, he is retiring as the company is achieving record financial results and is in the best financial condition in its history. We thank him for his distinguished service and look forward to a very promising future under Carl's leadership."


Oregon Steel Mills, Inc. is organized into two divisions. The Oregon Steel Division produces steel plate, coil, small and large diameter line pipe, casing and structural tubing from plants located in Portland, Ore., and Camrose, Alta., Canada. The Rocky Mountain Steel Mills Division, located in Pueblo, Colo., produces steel rail, rod and bar, and seamless tubular products.