IRVING, Texas, Dec. 6, 2012 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced that Mr. Joseph Alvarado, its CEO and President, will also become the Chairman of the Board, effective January 1, 2013. Mr. Anthony Massaro, CMC's current Chairman, will become the Company's Lead Director at that time.
"The Board's decision to appoint Joe as Chairman is a reflection of his substantial accomplishments during the past year in improving the Company's operating and financial performance," stated Mr. Massaro. "The appointment will also promote unified leadership for the Company, allowing for a single, clear focus for management to execute its strategy and business plans."
About Commercial Metals Company
Commercial Metals Company and subsidiaries manufacture, recycle and market steel and metal products, related materials and services through a network including steel minimills, steel fabrication and processing plants, construction-related product warehouses, a copper tube mill, metal recycling facilities and marketing and distribution offices in the United States and in strategic international markets.
SOURCE Commercial Metals Company