Sept. 4, 2013

Bouchard to Lead Steel Group as Part of Esmark Reshuffling
 
Esmark Inc. Chairman and CEO James Bouchard has announced that he will reassume CEO duties of the company’s Steel Group as part of several executive changes in the organization.

“We believe the management teams at our service centers in Illinois and cold-rolled mill operations in Ohio need to be better aligned to serve our OEM customers with the right mix of products and services at the right time,” Bouchard says. “As the steel industry continues to adapt to the current economic environment, we must respond in kind if we’re going to remain competitive.”

Brian Bergmann, currently vice president of Esmark Inc., has been named vice president and chief operating officer for Esmark Steel Group. Daniel Martin, currently controller for the Steel Group, has been named vice president of finance for its operations.

Tom Modrowski, formerly the CEO of the Steel Group, will become CEO of Ohio mill operations. Thomas Mihelcic, vice president of purchasing for Esmark’s recently divested CSI Bars Division, has been named general manager of commercial sales for Ohio mill operations.
All of Esmark Steel Group’s operations and the company’s trucking and logistics operations will now be based at Esmark Inc.’s new world headquarters in Sewickley, Pa.

In other news, Bouchard says the company has not decided whether to restart the Ohio mill operations in Yorkville after receiving offers from potential acquirers. “We’ve received multiple inquiries about the mill assets and several offers from potential suitors, so the evaluation process must be completed before we make the decision to restart the mill, sell the assets or explore other strategic options.”

Esmark acquired the former RG Steel Yorkville cold-rolled finishing mill in a bankruptcy court supervised auction last August, as well as RG Steel's 50 percent interest in Ohio Coatings Co.'s tin plate production facility.

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