0001104659-11-039677.txt : 20110719 0001104659-11-039677.hdr.sgml : 20110719 20110719161722 ACCESSION NUMBER: 0001104659-11-039677 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20110714 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110719 DATE AS OF CHANGE: 20110719 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STEEL DYNAMICS INC CENTRAL INDEX KEY: 0001022671 STANDARD INDUSTRIAL CLASSIFICATION: STEEL WORKS, BLAST FURNACES ROLLING MILLS (COKE OVENS) [3312] IRS NUMBER: 351929476 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-21719 FILM NUMBER: 11975404 BUSINESS ADDRESS: STREET 1: 7575 W JEFFERSON BLVD CITY: FORT WAYNE STATE: IN ZIP: 46804 BUSINESS PHONE: 260 459 3553 MAIL ADDRESS: STREET 1: 7575 W JEFFERSON BLVD CITY: FORT WAYNE STATE: IN ZIP: 46804 8-K 1 a11-19921_18k.htm 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 


 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (date of earliest event reported) July 19, 2011 (July 14, 2011)

 

STEEL DYNAMICS, INC.

(Exact name of registrant as specified in its charter)

 

Indiana

 

0-21719

 

35-1929476

(State or other jurisdiction

 

(Commission File Number)

 

(IRS Employer

of incorporation)

 

 

 

Identification No.)

 

7575 West Jefferson Blvd, Fort Wayne, Indiana 46804

(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code:  260-969-3500

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

Item 5.02.

 

Departure of Directors or Certain Officers; Election of Directors: Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On July 14, 2011, Steel Dynamics, Inc. announced the employment and appointment of Russell B. Rinn as Executive Vice President of Metals Recycling and as President and Chief Operating Officer of the company’s wholly-owned subsidiary, OmniSource Corporation. This appointment fills the vacancy at OmniSource that was created by the April 14, 2011, appointment of Mark D. Millett as Steel Dynamics’ President and Chief Operating Officer.

 

Mr. Rinn, 53, previously served from 2007 to 2010 as an Executive Vice President of Commercial Metals Corporation (CMC) and as the President of its Americas Division, as well as a Supervisory Board member of CMC Poland and CMC Croatia. From 2006 to 2007, he was a Vice President of Commercial Metals Corporation and the Chief Executive Officer and President of the CMC Steel Group, after serving as its Chief Operating Officer since 2004.  Prior to that, he was the President of CMC Steel Group — West Division for a period of two years.

 

In his new capacity with Steel Dynamics, Mr. Rinn will oversee the company’s metals recycling operations, including the provision of ferrous scrap to SDI’s steel mills.

 

Mr. Rinn holds a Bachelor of Science Degree in Finance, Marketing and Business Administration from Texas Lutheran University and has completed the Management Development Program at the University of Michigan and the Stanford Executive Program at Standard University’s Graduate School of Business.

 

Mr. Rinn is a member of the Board of Regents of Texas Lutheran University and is a board member and Vice Chair of the Steel Manufacturers Association.

 

Item 8.01.

 

Other Events.

 

On July 14, 2011, Steel Dynamics, Inc. issued a press release titled “Steel Dynamics Inc. Names Rinn Executive Vice President of Metals Recycling Will Lead OmniSource as President and Chief Operating Officer.”  The full text of the press release is furnished herewith and attached hereto as Exhibit 99.1.

 

Item 9.01.

 

Financial Statements and Exhibits.

 

(d )

 

Exhibits.

 

 

 

 

 

The following exhibit is furnished with this report:

 

Exhibit Number

 

Description

 

 

 

99.1

 

A press release dated April 14, 2011, titled “Steel Dynamics Inc. Names Rinn Executive Vice President of Metals Recycling Will Lead OmniSource as President and Chief Operating Officer.”

 

2



 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereto duly authorized.

 

 

 

 

STEEL DYNAMICS, INC.

 

 

 

 

 

/s/Theresa E. Wagler

Date: July 19, 2011

By:

Theresa E. Wagler

 

Title:

Executive Vice President and Chief Financial Officer

 

3


EX-99.1 2 a11-19921_1ex99d1.htm EX-99.1

Exhibit 99.1

 

 

Press Release

 

July 14, 2011

7575 West Jefferson Boulevard

 

Fort Wayne, IN 46804-4131

 

260.459.3553 Phone

 

260.969.3590 Fax

 

www.steeldynamics.com

 

Steel Dynamics, Inc. Names Rinn Executive Vice President of Metals Recycling

Will Lead OmniSource as President and Chief Operating Officer

 

FORT WAYNE, INDIANA, July 14, 2011 – Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced the appointment of Russell B. Rinn as Executive Vice President of Metals Recycling and President and Chief Operating Officer of OmniSource Corporation, a wholly owned subsidiary. Rinn will be responsible for OmniSource’s ferrous and nonferrous scrap operations, and fills the vacancy created when Mark D. Millett assumed the position of President and Chief Operating Officer of Steel Dynamics in April 2011.

 

Rinn, 53, has over 30 years of experience in metals recycling and steel making.  Most recently, he was Executive Vice President of Commercial Metals Company (CMC) and President of CMC’s Americas Division.  In that capacity, at the market’s peak, he was responsible for an $8 billion in revenue and 11,000-employee division consisting of 50 metals recycling locations, 5 steel mills, 1 copper tube mill, 81 steel fabrication and warehouse locations, 42 concrete related products sites, and 1 global steel trading organization.  He will report directly to Millett.

 

“Russ’s appointment culminates a search process which began three (3) months ago and surfaced a number of top notch candidates, both internal as well as external.  In the final analysis, however, it was clear that Russ was the right choice,” noted Millett.  “Russ is a top level executive.  He is a proven leader, proficient in delivering bottom-line results.  His strong involvement in sales, operations and finance, along with his respect for his colleagues in all areas and levels of his previous company, fits our culture nicely.”

 

Steel Dynamics Chairman and CEO Keith Busse noted, “I have known Russ a long time and have watched him evolve as an executive and industry leader.  His style and energy will complement our team.  I look forward to working with him as we continue to move our company to greater heights.”

 

Rinn, a graduate of Stanford University’s Graduate School of Business’ Executive Program and the Management Development Program of the University of Michigan Business School, has a Bachelor of Arts Degree in Finance, Marketing and Business Administration from Texas Lutheran University.

 

Contact:

Ben Eisbart – (260) 423-8600

 

 

Vice President of Human Resources

 

 

Steel Dynamics, Inc.

 

 


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