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Oct. 17, 2012
Castle Hires New Chief Executive
A.M. Castle & Co., Oak Brook, Ill., has named Scott Dolan president, CEO and board member, effective October 15. Dolan, 41, succeeds interim CEO Scott F. Stephens, who continues as chief financial officer. Stephens filled in for former President and CEO Michael Goldberg, who resigned in May.
Dolan is former senior vice president of airport operations and cargo at the combined United and Continental Airlines. In this role, he managed a unit with $1.2 billion in annual revenue, worldwide operations and 35,000 people. Dolan previously honed his global operations and logistics experience as chief operating officer of Atlas Air Worldwide Holdings before joining United Airlines in 2004. Earlier in his career, he held various positions at General Electric.
“Scott Dolan possesses the qualities we sought in a CEO to execute A.M. Castle’s strategy, engage our employees and deliver improved results for shareholders,” said Brian P. Anderson, chairman of the board. “He has a strong record of operational excellence, is a proven performer at global execution, has delivered results for complex businesses and has successfully led very large teams.”
Anderson also thanked Stephens for serving as interim CEO during the search process. “Scott Stephens is an outstanding executive, and the board is pleased that he remains with A.M. Castle as CFO,” Anderson added.
A.M. Castle is a major distributor of specialty metal and plastic products, listed No. 14 in the recent Metal Center News Top 50 Service Centers ranking.
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2012 Directory of Master Distributors
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The Metal Center News Directory of Master Distributors—distributors who sell to other distributors—is an invaluable tool for service centers seeking new sources for special or hard-to-find products. Master distributors play an important role in the marketplace, giving service centers an alternative to buying in mill quantities and helping to remove redundant and excess inventories from the distribution channel.
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