Service Centers
Russel in Search of New CFO on Britton's Retirement
Written by Tim Triplett
September 11, 2019
Marion Britton, Executive Vice President and Chief Financial Officer for Russel Metals, has announced her plans to retire next year after more than three decades with the Toronto-based metals distributor. Britton will remain with Russel during 2020 to ensure a smooth transition, as the company now begins a search for her replacement.
Britton began her career in the metals industry in 1984 with Marshall Drummond McCall, which was acquired by Russel Metals in 1987. She steadily progressed with the company by taking on new roles and additional responsibilities, culminating with her appointment as Executive VP and CFO in February 2008. During her tenure, she provided leadership through numerous acquisitions, capital transactions and divestitures while maintaining the company’s financial integrity, said President and CEO John Reid. “On behalf of the management team, our employees, our Board of Directors and the rest of our stakeholders, I want to express our heartfelt appreciation for Marion’s dedication and leadership over her 35-year career with Russel Metals.”
Russel Metals is the third ranked service center organization in North America, according to the latest Metal Center News Top 50, with 2018 revenues of $3.2 billion.
Tim Triplett
Read more from Tim TriplettLatest in Service Centers
Brown Strauss Steel names new chief executive
Denver-based service center Brown Strauss Steel has named Kris Farris as CEO, effective Jan. 1. Farris has also joined the company’s board of directors. He previously served as president and COO of Brown Strauss Steel. Farris is taking over from Ryan Secrist, who held the CEO role since 2013. Secrist is stepping down from position […]
Galvanized buyers see glimmers of optimism amidst the chaos
Reflecting on 2024 and looking ahead to the new year, galvanized steel buyers on this month’s HARDI call expressed a mix of cautious optimism with lingering uncertainties.
SPS Companies and State Steel combine service center businesses
Steel fabricators and distributors SPS Companies and State Steel will be merging their service center businesses under the SPS Companies family of firms.
Norfolk Iron & Metal to buy Pennsylvania service center
The deal will expand Norfolk’s stainless steel sheet and coil product lines, the company said.
Lapham-Hickey acquires Michigan’s Alkar Steel
Alkar Steel and Processing supplies hot- and cold-rolled steel, high carbon spring steel, high strength-low alloy steel, coated and stainless steel products throughout the Midwest.