SANDMEYER
STEEL COMPANY
ANNOUNCES MANAGEMENT CHANGES
Philadelphia, PA - October 9, 1997 --
Sandmeyer Steel Company announced today the election of the following
individuals to new management positions:
Ronald P. Sandmeyer, Jr.
President and Chief Executive Officer
Rodney C. Sandmeyer
Executive Vice President
Edward F. Kicak
Vice President - Finance and Chief Financial Officer
Ron Sandmeyer, Jr., a graduate of the University of Notre Dame,
joined the Company in 1980 as Controller after working with Deloitte
and Touche. He later became Vice President - Finance and Administration
and, most recently, Senior Vice President. He succeeds Ronald
P. Sandmeyer, Sr., who will continue to serve as Chairman of the
Board.
Rod Sandmeyer, who has been with Sandmeyer Steel Company since
1985, has held the positions of Manager - Inside Sales and Vice
President - Operations. A graduate of the University of North
Carolina, he began his career with Merrill Lynch. He succeeds
Paul L. von Zech, who will assume the responsibilities of Vice
Chairman of the Board.
Kicak, a Certified Public Accountant, joined Sandmeyer Steel Company
in 1991 as Controller. Following his graduation from Villanova
University, he worked for the accounting firm Deloitte and Touche.
He then joined Powell Electronics, Inc., in Philadelphia in 1981
as Controller.
Sandmeyer Steel Company, founded by the late Paul C. Sandmeyer,
celebrated its 45th anniversary in May of this year. The Company
is recognized as the Country's Leading Independent Producer of
Stainless Steel Plate Products, which are used in process equipment
in the chemical and petrochemical, wastewater treatment, textile,
pharmaceutical, pulp and paper, energy, food and beverage, and
high vacuum industries. The Company employs over 165 people and
services customers throughout North America.
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