Schnitzer Board Announces a New Independent Director
PORTLAND, Ore.--(BUSINESS WIRE)--Oct. 27, 2017--
Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) today announced that its
board of directors has appointed Rhonda D. Hunter as a new independent
director. Ms. Hunter will also serve as a member of the board’s audit
and nominating and corporate governance committees.
Ms. Hunter is currently Senior Vice President of Weyerhaeuser Company, a
role she has held since 2014. Weyerhaeuser is one of the world’s largest
private owners of timberlands and one of the largest manufacturers of
wood products. The Timberlands segment that Ms. Hunter leads generated
$2.6 billion in sales in 2016. Ms. Hunter joined Weyerhaeuser in 1987,
progressively taking on a number of leadership positions with increasing
P&L responsibility throughout her career. Ms. Hunter holds a Bachelor of
Science in Accounting from Henderson State University.
“We are pleased that, after a thoughtful search, Rhonda has been chosen
to join Schnitzer’s board of directors,” said John D. Carter, Chairman
of Schnitzer. Tamara Lundgren, President and CEO of Schnitzer, added,
“Rhonda’s senior executive experience in a commodities-based public
company with a strong sustainability profile and international reach
will be valuable as we continue to grow. We look forward to her
contributions to our board.”
About Schnitzer Steel Industries, Inc.
Schnitzer Steel Industries, Inc. is one of the largest manufacturers and
exporters of recycled metal products in North America. Schnitzer has
seven deep water export facilities and operates in 23 states, Puerto
Rico and Western Canada. The Company's vertically integrated operating
platform includes retail auto parts stores which sell recycled auto
parts and receive approximately 5 million annual customer visits. The
Company's electric-arc furnace mill in McMinnville, Oregon produces
finished steel long products, including rebar, wire rod and other
specialty products using recycled metal as its primary raw material. The
Company began operations in 1906 in Portland, Oregon.
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Source: Schnitzer Steel Industries, Inc.
Schnitzer Steel Industries, Inc.
Investor Relations:
Alexandra
Deignan, 646-278-9711
[email protected]
www.schnitzersteel.com