IRVING, Texas, Jan. 18, 2022 /PRNewswire/ -- Commercial Metals
Company (NYSE: CMC) today announced that it has named John R. McPherson to the Board of Directors,
effective March 15, 2022.
Mr. McPherson brings more than 30 years of professional
experience to CMC's Board and currently sits on the Board of
Directors for Forterra, Inc. He previously served in multiple
executive positions at Vulcan Materials Company, most recently as
Chief Financial & Strategy Officer. Prior to that, he held
several roles of increasing responsibility with McKinsey &
Company and Goldman, Sachs & Co.
"We are pleased to welcome John to our Board of Directors," said
Barbara R. Smith, Chairman of the
Board, President, and Chief Executive Officer. "His strong
financial and strategic background, including leadership experience
in the manufacturing and construction materials space, will benefit
our company as we continue to create an unparalleled provider of
reinforcement solutions to the domestic and international
construction markets."
McPherson's appointment will bring the total number of directors
to 9, 8 of whom are independent.
Mr. McPherson received a Bachelor of Arts in Economics and a
Master's in Business Administration from Stanford University.
About Commercial Metals Company
Commercial Metals
Company and its subsidiaries manufacture, recycle and fabricate
steel and metal products, and provide related materials and
services through a network of facilities that includes seven
electric arc furnace ("EAF") mini mills, two EAF micro mills, one
rerolling mill, steel fabrication and processing plants,
construction-related product warehouses and metal recycling
facilities in the United States
and Poland.
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SOURCE Commercial Metals Company