Shakeup at Ivaco is sparked by Heico efforts to streamline

Dec 10, 2007 | 02:53 PM | Michael Cowden

David Goldsmith, Ivaco Inc.'s president and chief executive officer, has left the company as part of a management restructuring plan implemented by Ivaco parent Heico Cos. LLC.

The move, which was not publicly announced, came less than 18 months after Goldsmith was appointed to the Montreal-based company's top posts.

Goldsmith left the steelmaker and major producer of wire rod in mid-October "to pursue other endeavors," said Tom Perlus, president of Ivaco Rolling Mills LP, a division of Montreal-based Ivaco. The departure came as Chicago-based Heico moved to streamline operations by cutting out his management level.....





Latest Pricing Trends

Poll

Are you stocking more inventory today than 18 months ago?

Yes
No


View previous results