Reliance Steel & Aluminum Co. announced that James D. Hoffman has announced his intention to step down as Chief Executive Officer on December 31, 2022 and, further, that the company’s Board of Directors has unanimously appointed Karla R. Lewis to succeed Mr. Hoffman as CEO effective January 1, 2023. Mr. Hoffman will remain on Reliance’s Board of Directors and will continue in his role as CEO through the end of 2022, after which he will serve as Senior Advisor to the CEO until his retirement in December 2023.
Mark V. Kaminski, Reliance’s Chairman of the Board, commented, “Reliance’s Board of Directors extends its sincere thanks and gratitude to Jim for his long and distinguished service to our company. As CEO, Jim guided Reliance through the pandemic while maintaining focus on operational excellence. His commitments to operations and customer service throughout his career have earned the respect of our customers, suppliers, stockholders and employees. Jim’s significant contributions are reflected in Reliance’s culture of safety and corporate integrity, as well as record revenues, profitability and earnings per share achieved during his tenure.”
Karla Lewis joined Reliance in 1992 as Corporate Controller. She served as Chief Financial Officer from 1999 until January 2021, and was promoted to Senior Vice President in 2000, Executive Vice President in 2002 and Senior Executive Vice President in 2015. She was appointed a director and President of Reliance in January 2021. Mrs. Lewis will retain her current position as President, serving as Reliance’s President and CEO upon her promotion.
Courtesy of Reliance Steel.