Steel Mills
AK Steel CFO Jaime Vasquez to Retire
Written by Sandy Williams
November 6, 2019
AK Steel Chief Financial Officer Jaime Vasquez will retire from the company effective Nov. 30, 2019. Christopher Ross, current AK Steel Vice President and Treasurer, has been named interim CFO and Treasurer, effective Nov. 5.
“Jaime’s experience and financial focus have served the company well as we forged a new strategic path,” said CEO Roger Newport. “We wish him the best in the years ahead.”
Ross joined AK Steel in 1997 as a cost accountant at Middletown Works. Through the years he has progressed to numerous financial and strategic roles, including Cash Management since 2012 and Treasurer since 2016. He was named Vice President and Treasurer in January 2018.
“Chris’s financial acumen and vast experience in a number of financial and strategic roles within and outside the company is a real asset,” said Newport.
AK Steel also announced that Joseph C. Alter, Vice President, General Counsel, and Corporate Secretary, will take on responsibility for Purchasing, while Brian K. Bishop, Vice President Carbon Steel Operations, will assume responsibility for Information Technology.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
Nucor’s Utermark to retire in June
Chad Utermark, executive vice president of new markets and innovation, plans to retire effective June 7.
Nippon could up investment in USS facilities to $7B: Report
It's the latest twist as the proxy battle heats up for Pittsburgh-based U.S. Steel.
Hybar expansion still on the table as Arkansas mill startup nears
As Hybar nears the completion of its $700-million rebar mill in Arkansas, the company said it is still “actively considering” building other steel facilities in the southern US.
Global steel production edges lower in February
February’s global raw steel output is tied with last December's for the fourth-lowest monthly production rate recorded over the past two years.
Fate of U.S. Steel hangs in the balance
The future of U.S. Steel remains unclear, but the proxy fight for control of the company is heating up. Shareholders will cast their votes on the company's future at the annual meeting in May.