Steel Dynamics Realigns Management Structure

Under new structure, all operating units to report to two executive vice presidents.

Steel Dynamics has announced changes in its management structure, effective May 1, to align operations management under two new business groups, each headed by an executive vice president. The company also announced the creation of a new corporate strategic planning and business development office, also headed by an executive vice president.

Under the new structure, Keith E. Busse, formerly president and CEO, has been appointed chairman and CEO. These and other organizational changes are designed to enhance the company’s flexibility in pursuit of current and future growth opportunities.

 

Since the acquisition of Roanoke Electric Steel Corp. in April 2006, six operating vice presidents as well as various corporate functions have reported directly to Busse. Under the new management structure, all operating units will report to two executive vice presidents, who will report to Busse. The chief financial officer and other corporate functions will also continue to report to Busse.

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