NEW YORK Craig A. Feldman will take over as president of David J. Joseph Co. (DJJ) in the new year, the company announced Monday.
Feldman will replace Keith B. Grass, the current president and chief executive officer of DJJ and executive vice president of parent company Nucor Corp., Charlotte, N.C. Grass will continue to serve as DJJs chief executive officer, the company said.
Mark D. Schaefer will succeed Feldman as executive vice president of DJJs Recycling Group and has also been appointed a Nucor general manager, the company said. Feldman will oversee all businesses and activities across DJJ in his new role, effective Jan. 1. He will also continue in his role as vice president and general manager of Nucor.
Since joining the group in 1986, Feldman has worked in different capacities at DJJ, including district manager of its ferrous trading business and president of Western Metals Recycling LLC.
Schaefer joined DJJ in 1985 and has previously served as vice president of logistic services and president of U-Pull-&-Pay, DJJs self-serve auto parts business.
These promotions are part of a planned management transition. I am confident that both Craig Feldman and Mark Schaefer are well prepared and well positioned to take on these new responsibilities. I look forward to working with the team as they look for ways to continue to grow and build the DJJ organization, Grass said in a statement.