Steel Mills
Reliance Names Hoffman to Succeed Mollins as CEO
Written by Sandy Williams
October 31, 2018
Reliance Steel & Aluminum Co. has promoted James D. Hoffman, currently Executive Vice President and Chief Operating Officer, to succeed Gregg J. Mollins as President and Chief Executive Officer, effective Jan. 1.
Hoffman joined the Reliance leadership team in 2008 as Senior Vice President Operations and was promoted to Executive Vice President and Chief Operating Officer in 2016. Prior to Reliance’s acquisition of Earle M. Jorgensen Co. in 2006, Hoffman held executive management positions at EMJ, including Vice President from 1996 to 2006 and Executive Vice President and Chief Operating Officer from 2006 to 2008.
“I am very proud of the leadership position Reliance has earned in the metals service center industry and our unrivaled executive management team,” said Mollins. “Jim and I have worked closely together since he joined Reliance upon our acquisition of EMJ in 2006. Jim is a proven leader and executive, and I believe his strategic vision will continue to drive Reliance’s growth and profitability, and that our customers, suppliers, stockholders and employees are in very good hands.”
Reliance Chairman of the Board Mark Kaminski thanked Mollins for his service to the company. “Gregg has been an integral part of Reliance’s executive management team for more than 25 years and his tremendous contributions are reflected in Reliance’s culture of integrity and industry leading results.”
Reliance Steel and Aluminum is by far the largest service center organization in North America, ranked No. 1 in the latest Metal Center News Top 50 with $9.7 billion in 2017 revenues. The company has more than 300 locations in the U.S., Canada, Mexico, Asia and Europe, with a workforce of 15,000.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
CRU: Tata Steel looks to shed 1,600 jobs in the Netherlands
The company said, “The challenging demand conditions in Europe driven by geopolitical developments, trade and supply chain disruptions and escalating energy costs have affected the operating costs and financial performance."
Reports: Federal funding for Cliffs’ project could be slashed
Elon Musk's DOGE is determining which Department of Energy grants to advance and which ones to terminate, according to several media outlets
Trump still against selling USS to Japanese firm: Report
Despite ordering a new review of Nippon Steel’s bid for U.S. Steel, President Trump said he is still against selling USS to a Japanese company, according to media reports.
Algoma looks to sell more steel in Canada in wake of Trump’s tariffs
The Canadian steelmaker said its absorbing higher tariffs as it moves forward.
Ancora abandons plan to take over leadership of USS
Investment firm Ancora Holdings Group has halted its play for U.S. Steel's board, citing Nippon Steel’s proposed bid for USS “gaining momentum.”