Economy

AISI Re-elects Ferriola as Chairman; Welcomes Essar Steel Algoma as Member

May 23, 2017

AISI, WASHINGTON, D.C. – The American Iron and Steel Institute’s (AISI) Board of Directors today elected John Ferriola, Chairman, President and CEO, Nucor Corporation, to serve another year as chairman of the Institute, through May 2018.

“John is a recognized leader in the global and domestic steel industry. He is an outspoken advocate for the North American steel industry in the public policy arena, and continues to push for our industry’s interests with legislative and executive branch officials on all levels. John embodies the AISI mission, and continues to be a tremendous representative for the industry and our workers on a global platform,” said Thomas J. Gibson, president and CEO of AISI. “We are grateful to have such an outstanding leader serve for another year as Board Chairman. I am confident that under his continued guidance and leadership, the next twelve months will see many successes.”

The election and announcement took place at AISI’s joint 2017 General Meeting with the Steel Manufacturers Association in Washington, D.C. at the Four Seasons Hotel.

“I am honored to have the opportunity to continue the great work our industry has already accomplished. Working alongside AISI we have made many positive strides over the last year, but there is more to be done. I look forward to building on our progress and representing the hardworking men and women of the steel industry. Thank you to my Board colleagues for bestowing me with their trust and confidence in this re-election,” said Ferriola.

AISI also announced the following Board and Board-level leadership elections:

• Tim Timken, Chairman, CEO and President of TimkenSteel Corporation, as vice-chairman and officer;
• David Burritt, President and CEO, United States Steel Corporation, as a new AISI Board Member;
• Joseph Dzierzawski, President and CEO, SMS USA LLC as the Associate Member representative on the Board; and,
• Kalyan Ghosh, President and CEO of Essar Steel Algoma Inc. as a new AISI Board Member.

“I am pleased to welcome Essar Steel Algoma Inc. as AISI’s newest member company. Algoma has been a cornerstone of North American manufacturing, and serves the automotive, construction, energy and a number of other sectors. We look forward to their contributions,” concluded Ferriola.