Birmingham Steel Corporation Announces Resignation Of COO Brian Hill.Business Editors BIRMINGHAM, Ala.--(BUSINESS WIRE)--Jan. 28, 2000 Birmingham Steel Corporation (NYSE NYSE See: New York Stock Exchange :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) ) today announced the resignation of Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. (COO) Brian F. Hill. Hill joined the Company as COO in June 1999. Consistent with a recent reorganization of management, the general managers of the Company's operations will now report directly to John D. Correnti, Chairman and Chief Executive Officer. In December 1999, Birmingham Steel began operating with new management and a reconstituted Board of Directors after a dissident group of shareholders was successful in removing former management and electing Correnti as Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . Birmingham Steel operates in the mini-mill sector of the steel industry and conducts operations at facilities located across the United States. The Company produces steel reinforcing bar, merchant products and SBQ bar, rod and wire. 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 &uot;BIR.&uot; |
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