Gerdau Appoints New CEO

Longhi takes on addtional title.

Gerdau Ameristeel has named President Mario Longhi to the additional post of CEO. His appointment follows the terms of a succession plan the company outlined in June of 2005.

 

Former CEO Phillip E. Casey remains as the company’s chairman of the board.

 

Before joining Gerdau, Longhi spent 23 years on the executive team of Alcoa, where he served as group president of global extrusions and end products, a vice president and a member of Alcoa’s executive council.

 

He has bachelor’s and master’s degrees in metallurgical engineering from the University of Technology Maua, Sao Paulo Brazil.

 

“During the coming months and years, our plan is to take the company to the next level,” Longhi says. “We believe that an unrelenting focus on our customers, combined with strategic growth, will guide the actions of all of our people.”

 

Casey says that Longhi’s international experience and leadership skills makes him a valuable addition to Gerdau’s management team. “His dynamic leadership and valuable insight will help reinvigorate Gerdau Ameristeel and ensure successful management of the complexities and competitive challenge of today’s global steel industry.”

 

Gerdau’s North American mini-mills have a manufacturing capacity of more than 8.4 million tons of finished steel products.

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