BIRMINGHAM STEEL CORPORATION ANNOUNCES MANAGEMENT REALIGNMENT.BIRMINGHAM, Ala.--(BUSINESS WIRE)--April 30, 1996--Robert A. Garvey, Chairman and Chief Executive Officer of Birmingham Steel Corporation, today announced the Company's new management organizational structure To comply with Wikipedia's lead section guidelines, one should be written. . The business will be organized around five functional areas: Finance, Administration, Development and Technology, Commercial, and Plant Operations. The following five appointments have been made with responsibility for these areas: -- John M. Casey Executive Vice President-Finance and Chief Financial Officer Mr. Casey's responsibilities will include finance, accounting, tax and treasury. -- William R. Lucas William R. Lucas (born March 1, 1922) was the fourth Director of the NASA Marshall Space Flight Center. He served as director from June 15, 1974 to July 3, 1986; when he was forced to resign as a result of the Challenger tragedy. Executive Vice President-Administration and General Counsel Mr. Lucas will be responsible for environmental and safety matters, the human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. department, legal services, information technology, corporate organization and governance issues, and other administrative matters. -- Frederick J. Rocchio, Jr. Executive Vice President-Development and Technology Mr. Rocchio's responsibilities will include development of the Memphis project, the DRI See Digital Research. project and any future projects; the development and operation of the Company's scrap business, and the implementation of the required technology in all of the Company's facilities. -- Thomas N. Tyrrell Executive Vice President-Commercial Mr. Tyrrell will be responsible for sales and marketing, which will be subdivided into three product groups: construction products, merchant products and SBQ SBQ Sociedade Brasileira de Quimica (Portugese) SBQ Special Bar Quality bar and rod products. He will also be responsible for distribution and logistics. -- Jack R. Wheeler Vice President-Plant Operations Mr. Wheeler will be responsible for the ongoing operations of all of the steel plants. -- Investor Relations Investor relations The process by which the corporation communicates with its investors. Investor relations will be handled jointly by Tom Tyrrell and John Casey John Casey may refer to:
Mr. Paul H. Ekberg will continue as Vice Chairman and act as special assistant to the Chairman until his (Ekberg's) retirement in July. Commenting on the announcement, Mr. Garvey said, "This new structure will clearly define the roles within our organization and serve us well in our efforts to achieve our goals of growth and profitability. We are confident that these actions, together with measures recently undertaken by management, will contribute to the long-term success of the Company." Birmingham Steel operates steel mini-mills producing primarily steel reinforcing bar and merchant products, and also specializes in manufacturing high-quality rod and wire from semi-finished billets at its American Steel & Wire subsidiary. The common stock of Birmingham Steel Corporation is traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol "BIR BIR British Institute of Radiology BIR Bureau of Internal Revenue BIR Bureau of International Recycling BIR Baculovirus IAP Repeat BIR Biomedical Imaging Resource BIR Bureau of Intelligence and Research (US State Department) ." CONTACT: Birmingham Steel Corporation, Birmingham John Casey, 205/970-1238 |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion