HAMILTON, ON, Dec. 17, 2019 /CNW/ - Stelco Holdings Inc.
("Stelco" or the "Company") (TSX: STLC) today announced that
Don Newman, Chief Financial Officer,
has advised the Company that effective January 5, 2020, he will resign from the
organization for personal family reasons.
Alan Kestenbaum, Stelco's
Executive Chairman noted: "Don ably performed his functions during
his tenure with the organization and we wish him much success in
the future".
Mr. Roy Collins, Vice-President,
Internal Audit, will be assuming the role of interim CFO. Mr.
Collins joined the Stelco Inc. Accounting Department in 1988 and
has served in a variety of capacities including General Manager,
Internal Audit & Financial Compliance and Corporate Controller.
The Company has engaged an executive search firm to assist in
recruiting a new CFO.
About Stelco
Stelco is a low cost, integrated and independent steelmaker with
one of the newest and most technologically advanced integrated
steelmaking facilities in North
America. Stelco produces flat-rolled value-added steels,
including premium-quality coated, cold-rolled and hot-rolled steel
products. With first-rate gauge, crown, and shape control, as well
as reliable uniformity of mechanical properties, our steel products
are supplied to customers in the construction, automotive and
energy industries across Canada
and the United States as well as
to a variety of steel services centres, which are regional
distributers of steel products.
SOURCE Stelco