Commercial Metals Co. appoints CEO

In accordance with Commercial Metals Company's established succession plan, Stanley A. Rabin, chairman of the board and CEO has announced that the Board of Directors has named Murray R. McClean CEO effective September 1, 2006. In addition, McClean was elected a director of the company effective immediately. McClean formerly was president and COO. He will continue in his capacity as president in addition to his new position as CEO. Rabin will continue in his role as chairman of the board. McClean's former position of COO will not be filled.

McClean joined CMC in 1985 as managing director of its marketing and distribution office in Sydney, Australia. In 1993, he was appointed president of the International Division of the Marketing and Distribution segment. Following his appointment as president of CMC's Marketing and Distribution segment in 1999, McClean relocated to the company's headquarters in Dallas, was named executive vice president and COO in September 2004, and president in January 2006.