NEW YORK OmniSource Corp.
has announced three senior management changes, including a new
appointment at its Southeast operation.
The Fort Wayne, Ind.-based
subsidiary of Steel Dynamics Inc. said Rich Brady will now
serve as executive vice president of its Southeast division.
Brady will head both ferrous and nonferrous operations in the
Last week, sources familiar with
the situation told AMM that the company is in the
process of laying off between 40 and 50 workers in the
Southeast due to challenging business conditions (
amm.com, Nov. 20). The company made no mention of
the restructuring in Wednesdays statement.
The divisions previous
executive vice president, Bob Brewer, joined PSC Metals Inc. as
chief executive officer in September (
amm.com, Aug. 29).
OmniSource did not specify a
direct replacement for Bradys current role as executive
vice president of ferrous commercial, but it did announce the
appointment of Jason Redden to a larger role of executive vice
president of commercial. Redden will oversee ferrous and
nonferrous sales and national accounts sales management
starting Dec. 1.
Additionally, Scott Gibble,
currently executive vice president for the Midwest, has been
given the additional role of managing nonferrous operations,
procurement and non-sales-related support functions, the
"We are pleased to make these promotions," Russ Rinn,
executive vice president of metals recycling, president and
chief operating officer of OmniSource, said in a statement.
"Their insightful leadership and valuable experience in the
steel and scrap businesses have also contributed and will
continue to contribute to our ability to weather the ebbs and
flows within the scrap industry."