FORT WAYNE, Ind., August 21, 2012 – Steel Dynamics, Inc. (NASDAQ-GS:
STLD), today announced that on August 16, 2012, its board of directors,
upon the recommendation of its Corporate Governance and Nominating
Committee, appointed James A. Trethewey and Traci Dolan to the company’s
board of directors. Mr. Trethewey’s appointment fills a vacancy created
at the end of December 2011, with the passing of former Lead Director
Joseph D. Ruffolo. The appointment of Ms. Dolan fills a vacancy created
by the health-related resignation on August 16, 2012 of long-time
director, Richard J. Freeland. Both appointments are for the balance of a
one year term, expiring at the company’s annual shareholders meeting in
May 2013. The appointments bring the total number of directors back to
eleven members.
James A. Trethewey
Jim Trethewey, 68, comes to the Steel Dynamics board following a
forty year career in the iron ore and coal mining industry, thirty-five
of which he spent with Cliffs Natural Resources. Mr. Trethewey’s
responsibilities at Cliffs encompassed both domestic and international
business affairs, most recently as Senior Vice President of Business
Development, where he was involved in the conversion of the company from
its former principal identity as a domestic iron ore mine management
company to an international merchant company focused on iron metallic
and steel-related products such as metallurgical coal.
Earlier, as Cliffs’ Vice President, Administration from 1997 to 2000,
Mr. Trethewey was responsible for information technology, purchasing,
safety, environmental affairs and energy management, and before that he
served as Cliffs’ Vice President Controller and Principal Accounting
Officer.
Mr. Trethewey is currently a partner and Chief Executive Officer of
DJD Investments, Cleveland, Ohio, a real estate management company. He
holds a Bachelor of Science Degree from Michigan Technological
University (1967) and a Master’s Degree in Business Administration from
Wallace College (1981). Mr. Trethewey serves as a board member of the
Journey of Hope (cancer treatment services) and Friends Helping Friends,
and is a member of Michigan Technological University’s Board of
Trustees and a member of its National Advisory Board to the School of
Business and Economics. He is a resident of Rotonda West, Florida.
It is expected that Mr. Trethewey will serve as an independent
director member of the company’s Audit Committee and its Corporate
Governance and Nominating Committee.
Traci Dolan
Traci Dolan, 54, is currently, and since 2004, Chief Administrative
Officer and Corporate Secretary of ExactTarget, Inc. (NYSE: ET), a
publicly owned global cross-channel interactive marketing
software-as-a-service company, with some 1,100 employees spanning four
continents. In her current role, she is responsible for human resources,
executive compensation, legal affairs, facilities, risk management,
shareholder relations, and was principally involved in the company’s
recently completed IPO process. Through June 2011, she was also
responsible for all aspects of ExactTarget’s financial and strategic
planning, accounting, tax and treasury functions.
Prior to joining ExactTarget, Ms. Dolan served as Chief Financial
Officer and Vice President of Finance and Administration, Secretary and
Treasurer of Made2Manage Systems, Inc., an enterprise resource planning
(ERP) software company, which she joined in March 2000. In 2003, she led
the effort to take Made2Manage, then a publicly-owned (NASDAQ) company,
private, a process that was successfully completed in August 2003.
While at Made2Manage, Ms. Dolan led the company’s financial and
administrative functions, including accounting, internal and external
reporting, budgeting, forecasting, treasury, tax and risk management
functions. From 1995 to 2000, Ms. Dolan was Vice President of Finance
and Operations, and before that, Controller and Vice President of
Finance, for Macmillan Publishing USA, the world’s largest reference
publisher.
Ms. Dolan, a resident of Carmel, Indiana, currently serves on the
board of Central Indiana Community Foundation and the Indianapolis
Convention and Visitors Association and is a member of the Board of
Visitors of the Kelly School of Business (Indiana University
Indianapolis Campus). She holds a Bachelor of Science Degree in Business
Administration from Indiana University (1981).
It is expected that Traci Dolan will serve as an independent director
member of the company’s Audit Committee and its Compensation Committee.
Contact: Theresa E. Wagler, Executive Vice President and Chief Financial Officer—+1.260.969.3500 |