Commercial Metals names new CEO, CMC Steel Group
Commercial Metals Co. has announced that Russell B. Rinn, currently COO of the CMC Steel Group, has been appointed president and CEO of the CMC Steel Group effective January 26, 2006.
Rinn has been with the company since 1978 and has served in various operating and management positions with the company's steel mills and rebar fabricating business segments and as COO of the CMC Steel Group for the past two years. He graduated from Texas Lutheran University and recently completed the Stanford University Senior Executive Program.
Clyde P. Selig, current president and CEO of the CMC Steel Group and a director of Commercial Metals Company, will not stand for reelection as a director when his term ends January 26, 2006, but will be appointed advisor to the chairman and continue to be active with the company.