Service Centers
Steel Technologies Names New Leadership
Written by Sandy Williams
December 21, 2020
Flat rolled processor Steel Technologies announces the succession of Thad Solomon to President and Chief Executive Officer following the retirement of Michael J. Carroll.
Carroll is retiring after 41 years with the company, serving as President and CEO since 2010 and President and Chief Operations Officer since 1999.
Solomon was appointed Chief Operations Officer in August 2020 and has held several key leadership roles in his 29 years of steel industry experience, including most recently Vice President and General Manager of Nucor-Yamato Steel Company.
Jun Ozone will join Steel Technologies as the new COO from his present position at Mitsui & Co. His background includes extensive experience in the automotive and service center industries.
Steel Technologies has grown from a small operation in Eminence, Ky., to a leading flat rolled processor in North America with 26 facilities.
“The succession plan is designed to expand the company’s talented management team with two high caliber executives. We have positioned the company for accelerated growth and are committed to expanding the value we bring to our customers,” said Carroll. The executive transitions will be effective Feb. 1, 2021.
Sandy Williams
Read more from Sandy WilliamsLatest in Service Centers
Gilmore upbeat on year two as standalone Worthington Steel
Worthington Steel's CEO feels optimistic as the company heads into its second year as a standalone company.
Worthington Steel’s earnings improve despite sales slide
Depressed demand and weak prices drove Worthington Steel’s second fiscal quarter results to a sequential decline.
O’Neal Steel taps Jodi Parnell as top executive
Jodi Parnell has been named president and CEO of Birmingham, Ala.-based service center group O’Neal Steel.
Russel closes on Tampa Bay Steel deal
Russel Metals Inc. has closed on its buy of Tampa Bay Steel.
Worthington Steel inks deal for controlling stake in Italy’s Sitem
Worthington Steel has reached an agreement to acquire a controlling equity stake in Italian-based electric motor lamination producer Sitem SpA.