Cleveland-Cliffs Elects Shultz Vice President.Business Editors
CLEVELAND--(BUSINESS WIRE)--March 28, 2000
Richard L. Shultz has been elected Vice President-Reduced Iron Sales and Business Development, Cleveland-Cliffs Inc (NYSE NYSE
See: New York Stock Exchange :CLF CLF
The ISO 4217 currency code for Chile Unidades de Fomento. ) announced today.
Shultz, currently Director of Ironmaking Technology, will assume responsibility for the sales of the Circal(TM) hot briquetted iron product from the company's joint venture project in Trinidad and Tobago Trinidad and Tobago (trĭn`ĭdăd, təbā`gō), officially Republic of Trinidad and Tobago, republic (2005 est. pop. 1,088,000), 1,980 sq mi (5,129 sq km), West Indies. The capital is Port of Spain. , and will lead development of other ferrous metallics opportunities for Cliffs. He will continue to lead the technical function for Cliffs Reduced Iron Corporation and provide guidance to the Company's assessment of strategies for dealing with the steel industry's transition into alternate iron making practices and other hot end modifications.
Cliffs also announced that George Chandler, Vice President-Reduced Iron, is retiring at the end of March after 38 years of service.
Prior to joining Cliffs in 1994, Shultz spent 24 years with Armco Steel Corporation in the company's research and development and business development areas. He has been active in the Iron and Steel Society, American Iron and Steel Institute The American Iron and Steel Institute (AISI) is an association of North American steel producers. With its predecessor organizations, is one of the oldest trade associations in the United States, dating back to 1855. It assumed its present form in 1908, with Judge Elbert H. and the American Ceramic Society The American Ceramic Society (ACerS) is a non-profit professional organization for the ceramics community, with a focus on scientific research, emerging technologies, and current applications in which ceramic materials are a key element. .
Shultz was graduated from the University of Cincinnati The University of Cincinnati is a coeducational public research university in Cincinnati, Ohio. Ranked as one of America’s top 25 public research universities and in the top 50 of all American research universities, with a Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science
bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies degree in metallurgical engineering, and earned his master's and Ph.D. degrees in metallurgy at Penn State. In 1996, he was named a Centennial Fellow of the College of Earth and Mineral Sciences at Penn State. In 1998, he became the 50th recipient of the David Ford McFarland Award, recognizing Penn State graduates who have distinguished themselves in the field of metallurgy.
Cleveland-Cliffs is the largest supplier of iron ore products to the North American steel industry and is developing a significant ferrous metallics business. Subsidiaries of the Company manage six iron ore mines in North America and hold equity interests in five of the mines. Cliffs has a major iron ore reserve position in the United States, is a substantial iron ore merchant and is beginning production of hot briquetted iron at a joint venture plant in Trinidad and Tobago.