Ryerson Holding Corporation, a distributor and processor of metals, announced President and CEO Michael C. Arnold intention to retire next year. He has served as Ryerson’s president and CEO since January 2011.
Jacob Kotzubei, a director on Ryerson’s board of directors, said that specific timing for a transition has not yet been determined, though a new CEO could be in place as soon as Q1 2015. Arnold has committed to staying on as long as necessary to ensure a smooth transition.
Photo courtesy of Ryerson
Prior to joining Ryerson, Arnold spent over 31 years at The Timken Company, a global manufacturer of steel, bearings and related components. Arnold serves on the board of directors of AGCO Corporation, is a director on The University of Akron Foundation, as well as a member of The University of Akron’s Engineering Advisory Council, and serves on the Executive Committee of the Metals Service Center Institute.
