Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

AK Steel Continues Management Reform
Sep 23, 2003
 Printable format
 Email this Article
 Search

AK Steel Corp. appointed an interim chief financial officer as it continued an overhaul of top management begun last week when the company parted ways with its top two executives.

Albert E. Ferrara Jr., the new interim financial officer, had joined AK Steel in June as director of strategic planning. He previously worked for steelmakers NS Group Inc. and USX Corp.

AK Steel, beset by a prolonged slump in its stock price and contentious relations with its labor unions, said that its chief executive Richard Wardrop Jr. and president John G. Hritz had resigned, effective immediately. AK Steel's board said the company is sound but that it expected a better financial performance.

The company last week appointed James L. Wainscott, senior vice president and chief financial officer, to serve as interim chief executive. Mr. Wainscott joined the company in 1995 as vice president and treasurer. AK Steel has begun a search for a new chief executive officer.

AK Steel makes flat-rolled carbon, stainless and electrical steel products for automotive, appliance, construction and manufacturing uses, as well as tubular steel products.

The company has about 10,000 employees. It operates steelmaking and finishing plants in Middletown, Coshocton, Mansfield, Walbridge and Zanesville in OH; Ashland, KY.; Rockport, IN.; and Butler, PA, U.S. (Reuters)

It also operates an industrial park on the Houston shipping channel in Texas and owns Douglas Dynamics, which makes snowplows and salt spreaders for medium-size trucks.

Back to Daily News

 

Daily News

...........................................................

Aug 29, 2014: Adaptive Frequency Drive Increases Trane Chiller Efficiency

Aug 29, 2014: Vitamix President Receives Entrepreneur of the Year Award

Aug 28, 2014: LG Heat Pump Clothes Dryer Earns Emerging Technology Award

Aug 28, 2014: Early Snowthrower Demand Boosts Toro Sales

Aug 27, 2014: Sustainability Standard Launched for Household Portable and Floor Care Appliances

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows