Gregg Mollins will retire as president and CEO of Reliance Steel & Aluminum Co., North America’s largest service center company. Mollins will be replaced by Jim Hoffman, currently the company’s executive vice president and COO.
Mollins has served as the president and CEO since 2015, when he replaced David Hannah. He will continue as CEO through the end of the year, and serve as senior advisor to the CEO until his full retirement in December 2019.
“Reliance’s board of directors extends its sincere thanks and gratitude to Gregg for his long and distinguished service to Reliance. Throughout his career, Gregg has maintained his focus on operational excellence earning the respect of our customers, suppliers, stockholders and employees,” said Mark V. Kaminski, Reliance’s chairman of the board. “Gregg has been an integral part of Reliance’s executive management team for more than 25 years and his tremendous contributions are reflected in Reliance’s culture of integrity and industry leading results. Importantly, as CEO, Gregg led Reliance to record quarterly net sales, gross profit dollars and pre-tax income results.”
Hoffman joined Reliance’s executive management team in 2008 as senior vice president, operations. Prior to Reliance’s acquisition of Earle M. Jorgensen Company in 2006, Hoffman held executive management positions at EMJ, including vice president from 1996 to 2006 and executive vice president and COO from 2006 to 2008.
In 2015, Hoffman was appointed Reliance’s executive vice president, operations, a position he held until his promotion in 2016.
“I am very proud of the leadership position Reliance has earned in the metals service center industry and our unrivaled executive management team,” said Mollins. “Jim and I have worked closely together since he joined Reliance upon our acquisition of EMJ in 2006. Jim is a proven leader and executive and I believe his strategic vision will continue to drive Reliance’s growth and profitability, and that our customers, suppliers, stockholders and employees are in very good hands.”
"I am honored by the opportunity to serve as Reliance’s next CEO and the trust and confidence that the board has placed in me. I am excited to work with the incredibly talented team at Reliance to continue our track record of delivering industry leading results and increasing shareholder value,”