TORONTO, Jan. 2, 2024
/CNW/ - Russel Metals Inc. (TSX: RUS) announces the retirement
of Linh Austin from the Board of
Directors and the appointment of Stewart
Burton as an independent Director.
Russel Metals' Board Chair Jim
Dinning extended his appreciation for Mr. Austin's service
and commented "I want to thank Linh for his contributions to our
Board and wish him well."
Stewart Burton holds a Bachelor
of Arts in Business Administration from the University of Western Ontario and an MBA degree
from Harvard University. In addition, Mr. Burton has a CPA,
CA designation. Mr. Burton recently retired as Vice-Chairman
of RBC Capital Markets after a distinguished 36-year career at RBC
where he led domestic and global banking teams providing financial
and strategic advice to executive teams and boards of
directors. During his tenure at RBC, he served as a member of
RBC's investment banking management committee, investment strategy
committee and RBC Dominion Securities audit committee.
Jim Dinning commented, "We
welcome Stewart Burton to Russel
Metals. Stewart's extensive business experience and his deep
knowledge of global capital markets will add to the strength of our
Board of Directors and be a benefit to shareholders. We look
forward to his contributions."
About Russel Metals Inc.
Russel Metals is one of the largest metals distribution
companies in North America with a
growing focus on value-added processing. It carries on
business in three segments: metals service centers, energy field
stores and steel distributors. Its network of metals service
centers carries an extensive line of metal products in a wide range
of sizes, shapes and specifications, including carbon hot rolled
and cold finished steel, pipe and tubular products, stainless
steel, aluminum and other non-ferrous specialty metals. Its
energy field stores carry a specialized product line focused on the
needs of energy industry customers. Its steel distributors
operations act as master distributors selling steel in large
volumes to other steel service centers and large equipment
manufacturers mainly on an "as is" basis.
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SOURCE Russel Metals Inc.