Ryerson chief has last laugh

Oct 01, 2007 | 02:49 PM |

CHICAGO — Neil S. Novich, chairman, president and chief executive officer of Ryerson Inc., was given a new lease on his job following a proxy fight for control of the company's board at Ryerson's annual meeting.

Novich said before the Aug. 23 vote that he still had no assurances on what his position would be if a $2-billion deal the board negotiated to sell Chicago-based Ryerson to Platinum Equity LLC, Beverly Hills, Calif., is completed later this year.....

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