OneSteel Announces Management Changes

The managing director and CEO of OneSteel Ltd., Geoff Plummer, has announced a number of management changes designed to simplify the company’s organizational structure.

"It is almost 18 months since OneSteel merged with Smorgon Steel, and we are pleased with our efforts to bring two organizations together while also achieving significant success with Project Magnet. We now face new opportunities and challenges including weaker economic conditions and are adjusting our structure and cost base to best position the company for the future," Plummer said.

The changes include a reduced number of Lead Team members.

OneSteel’s Lead Team members and responsibilities are now:

Tony Reeves – CFO. He will continue his financial stewardship of OneSteel and leadership of the commercial function.

Steve Ashe – GM, Investor Relations and External Affairs will report to Reeves.

Greg Waters, chief executive for recycling, will continue his current responsibilities for OneSteel’s Australian and international ferrous and non-ferrous recycling businesses. He will assume marketing responsibility for OneSteel’s export iron ore business, leveraging the existing market presence of the Recycling business in Asia and drawing on Greg’s first-hand experience of the Chinese steel industry.

Mark Parry – chief executive Whyalla. Along with maintaining current responsibilities for the Whyalla mines, iron ore export operations, Whyalla Steelworks and Trak-lok businesses, Parry will to focus on expanding the company’s iron ore export capacity, ensuring reliable and cost competitive manufacturing.

Andrew Roberts – chief executive Market Mills, will assume responsibility for Laverton, Sydney and Waratah steel mills as well as Australian Tube Mills and OneSteel’s wire and wire ropes businesses. This portfolio includes responsibility for EAF steelmaking, rod, bar, wire, rail wheel, grinding media and structural tube manufacturing as well as sales and marketing, steel-in-concrete, wire and grinding media channels.