US’s leading metals service center Olympic Steel has congratulated Company’s Executive Chairman of the Board Mr Michael D Siegal for receiving the Israeli Presidential Medal of Honor, which is the highest civil medal awarded by the President of Israel for outstanding contributions to the State of Israel or to humanity.Mr Siegal earned this recognition for his many contributions to the State of Israel and his lifelong support of Jewish people around the world. He has served in a variety of roles, both publicly and behind the scenes, in organizations that advocate for the advancement of Jewish individuals and causes, including Chairman for the Jewish Agency Board of Governors, Chair of the Development Corporation for Israel (Israel Bonds), and Board Chair of the Jewish Federations of North America and of the Cleveland Jewish Federation.Mr Siegal joined Olympic Steel, then a privately held family company, in 1974 and became a member of the Company’s Board of Directors in 1984. As the Company’s CEO from 1984 through 2018, he orchestrated seven acquisitions, three major expansions and three Greenfield startups. He also led Olympic Steel’s initial public offering in 1994 and a secondary public offering in 1996. During this tenure, the Company grew from annual revenues of USD 35 million to more than USD 1 billion.Mr Siegal previously served on the Board of Directors for Cleveland-Cliffs Natural Resources, MSCI, University Hospitals of Cleveland, Rock & Roll Hall of Fame, and Twin City Fan Companies.Founded in 1954, Olympic Steel is a leading US metals service center focused on the direct sale of processed carbon, coated and stainless flat-rolled sheet, coil and plate steel, aluminum, tin plate, and metal-intensive branded products. The Company’s CTI subsidiary is a leading distributor of steel tubing, bar, pipe, valves and fittings, and fabricator of value-added parts and components. Headquartered in Cleveland, Ohio, Olympic Steel operates from more than 42 facilities in North America.
US’s leading metals service center Olympic Steel has congratulated Company’s Executive Chairman of the Board Mr Michael D Siegal for receiving the Israeli Presidential Medal of Honor, which is the highest civil medal awarded by the President of Israel for outstanding contributions to the State of Israel or to humanity.Mr Siegal earned this recognition for his many contributions to the State of Israel and his lifelong support of Jewish people around the world. He has served in a variety of roles, both publicly and behind the scenes, in organizations that advocate for the advancement of Jewish individuals and causes, including Chairman for the Jewish Agency Board of Governors, Chair of the Development Corporation for Israel (Israel Bonds), and Board Chair of the Jewish Federations of North America and of the Cleveland Jewish Federation.Mr Siegal joined Olympic Steel, then a privately held family company, in 1974 and became a member of the Company’s Board of Directors in 1984. As the Company’s CEO from 1984 through 2018, he orchestrated seven acquisitions, three major expansions and three Greenfield startups. He also led Olympic Steel’s initial public offering in 1994 and a secondary public offering in 1996. During this tenure, the Company grew from annual revenues of USD 35 million to more than USD 1 billion.Mr Siegal previously served on the Board of Directors for Cleveland-Cliffs Natural Resources, MSCI, University Hospitals of Cleveland, Rock & Roll Hall of Fame, and Twin City Fan Companies.Founded in 1954, Olympic Steel is a leading US metals service center focused on the direct sale of processed carbon, coated and stainless flat-rolled sheet, coil and plate steel, aluminum, tin plate, and metal-intensive branded products. The Company’s CTI subsidiary is a leading distributor of steel tubing, bar, pipe, valves and fittings, and fabricator of value-added parts and components. Headquartered in Cleveland, Ohio, Olympic Steel operates from more than 42 facilities in North America.
