Worthington Industries Names New Chief Financial Officer
November 01 2018 - 8:15AM
Worthington Industries (NYSE: WOR) announced today that Joseph
Hayek has been named vice president and chief financial officer
(CFO). Andy Rose, previously president and CFO will continue
as Company president.
“Joe has made a significant impact over his five years
with the Company. He is a great fit culturally and I know
will do an excellent job as CFO,” said Chairman & CEO John
McConnell. “Andy will focus his efforts on refining our
business strategy and executing the next phase of our
growth.”
Hayek, 46, joined Worthington Industries in April 2014 as vice
president of mergers and acquisitions (M&A). In 2017, he was
named general manager of the Company’s oil & gas equipment
business. Before joining Worthington, Hayek was president of
SARCOM, the largest division of PCM, Inc., a $1.5 billion IT
solutions provider. Joe also led PCM’s M&A and investor
relations groups as executive vice president during his six years
there. In addition, he spent 10 years in investment banking with
Raymond James and Wachovia.
About Worthington IndustriesWorthington
Industries is a leading global diversified metals manufacturing
company with 2018 fiscal year net sales of $3.6 billion.
Headquartered in Columbus, Ohio, Worthington is North America’s
premier value-added steel processor providing customers with wide
ranging capabilities, products and services for a variety of
markets including automotive, construction and agriculture; a
global leader in manufacturing pressure cylinders for propane,
refrigerant and industrial gasses and cryogenic applications, water
well tanks for commercial and residential uses, CNG and LNG
storage, transportation and alternative fuel tanks, oil & gas
equipment, and consumer products for camping, grilling, hand torch
solutions and helium balloon kits; and a manufacturer of operator
cabs for heavy mobile industrial equipment; laser welded blanks for
light weighting applications; automotive racking solutions; and
through joint ventures, complete ceiling grid solutions; automotive
tooling and stampings; and steel framing for commercial
construction. Worthington employs approximately 12,000
people and operates 84 facilities in 11 countries.
Founded in 1955, the Company operates under a long-standing
corporate philosophy rooted in the golden rule. Earning money for
its shareholders is the first corporate goal. This philosophy
serves as the basis for an unwavering commitment to the customer,
supplier, and shareholder, and as the Company’s foundation for one
of the strongest employee-employer partnerships in American
industry.
Safe Harbor StatementThe company wishes to take
advantage of the Safe Harbor provisions included in the Private
Securities Litigation Reform Act of 1995 ("the Act").
Statements by the company which are not historical information
constitute "forward looking statements" within the meaning of the
Act. All forward-looking statements are subject to risks and
uncertainties which could cause actual results to differ from those
projected. Factors that could cause actual results to differ
materially include risks described from time to time in the
company's filings with the Securities and Exchange Commission.
Contacts:SONYA L. HIGGINBOTHAMVP,
CORPORATE COMMUNICATIONS AND BRAND
MANAGEMENT614.438.7391 | sonya.higginbotham@worthingtonindustries.com
MARCUS A. ROGIERTREASURER AND
INVESTOR RELATIONS OFFICER614.840.4663 |
marcus.rogier@worthingtonindustries.com
200 Old Wilson Bridge Rd. | Columbus, Ohio 43085WorthingtonIndustries.com
Worthington Enterprises (NYSE:WOR)
Historical Stock Chart
From Jun 2024 to Jul 2024
Worthington Enterprises (NYSE:WOR)
Historical Stock Chart
From Jul 2023 to Jul 2024