FORT WAYNE, INDIANA, September 25, 2009— Steel Dynamics, Inc.
(NASDAQ/GS: STLD) today announced that its board of directors has
appointed Gabriel L. Shaheen to the company’s board. The appointment of
Shaheen brings the number of directors to eleven. Mr. Shaheen will serve
as an independent director, but has not yet been appointed to any board
committees.
Gabe Shaheen, 55, is President and Chief Executive Officer of GLS
Capital Ventures, LLC, Fort Wayne, Indiana, and is a principal in
NXTSTAR Ventures, LLC, Oak Brook, Illinois. Both firms consult with life
insurance companies and other financial services organizations
regarding start-up, M&A, and strategic planning activities. Gabe was
previously employed for 22 years by The Lincoln National Corporation,
where he served in a number of senior executive capacities. These
included directing at various times Lincoln’s three principal business
units, serving as Chairman, President and Chief Executive Officer of
Lincoln National Life Insurance Company; Chairman, President and CEO of
Lincoln Re, its reinsurance arm; and Managing Director of Lincoln UK.
Gabe holds a B.A. and Masters Degree in Actuarial Science from the
University of Michigan. He has also been a director, since 2007, of
Horace Mann Educators Corporation, a public company listed on the New
York Stock Exchange, where he serves as a member of its Audit, Strategic
Review and Investments Committees.
Contact:
Fred Warner, Investor Relations Manager
(260) 969-3564 or fax (260) 969-3590
f.warner@steeldynamics.com |