Change of Guard at Reliance Steel & Aluminum
Reliance Steel & Aluminum Co announced that Ms Karla R Lewis has been promoted to President and appointed to the Company’s Board of Directors consistent with the Board’s executive leadership succession plan. As President, Ms Lewis will have general responsibility for management of the operations of the corporation. Ms Lewis assumed the duties of President on January 15, 2021. Her term as a director also took effect on January 15, 2021 and will expire at Reliance’s 2021 Annual Meeting of Stockholders.
Prior to being named President, Ms Lewis served as Senior Executive Vice President and Chief Financial Officer. Ms Lewis joined Reliance in 1992 as Corporate Controller and has held various positions of increasing responsibility since then including serving as Chief Financial Officer since 1999. She was promoted to Senior Vice President in 2000, Executive Vice President in 2002 and Senior Executive Vice President in 2015.
Reliance also announced the promotion of Mr Arthur Ajemyan to Vice President, Chief Financial Officer effective January 15, 2021. As Vice President, Chief Financial Officer, Mr Ajemyan will supervise all of the Company's financial operations including accounting, financial planning, capital allocation, tax, and investor relations activities. Mr Ajemyan became Vice President, Corporate Controller in May 2014, having been promoted from Corporate Controller, a position he had held since August 2012. From 2005 to 2012, Mr Ajemyan held various positions in the accounting and finance department at Reliance, including Group Controller and Director of Financial Reporting. Prior to joining Reliance, Mr Ajemyan, a certified public accountant, held various professional staff and manager positions at PricewaterhouseCoopers, LLP from 1998 to 2005.
Ms Lewis and Mr Ajemyan will report to Reliance’s Chief Executive Officer Mr Jim Hoffman
Separately, Reliance also announced today that Mr David H Hannah will retire from the Board of Directors and not stand for re-election at the Company’s 2021 Annual Meeting of Stockholders. Mr Hannah joined Reliance in 1981 and served as our CEO from 1999 to 2015. He has been a director of Reliance since 1992 and was Chairman of the Board from 2007 to 2016.
Founded in 1939 and headquartered in Los Angeles in California, Reliance Steel & Aluminum Co is a leading global diversified metal solutions provider and the largest metals service center company in North America. Through a network of more than 300 locations in 40 states and 13 countries outside of the United States, Reliance provides value-added metals processing services and distributes a full line of over 100,000 metal products to more than 125,000 customers in a broad range of industries.