STOCK TITAN

Algoma Steel Appoints Erin Oliver as Vice President - Health and Safety

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
management
Rhea-AI Summary

Algoma Steel Group has appointed Erin Oliver as Vice President - Health and Safety, a new role within the company. Erin, a seasoned professional from Sault Ste. Marie with over 25 years of experience in various sectors, will report to CEO Mike Garcia and join the senior leadership team. Her expertise and proven track record in enhancing safety culture will support Algoma's transformation into a leader in green steel. CEO Michael D. Garcia emphasizes that this appointment underscores Algoma's commitment to safety. Erin expressed her enthusiasm to contribute to Algoma's health and safety initiatives.

Positive
  • Appointment of Erin Oliver as Vice President - Health and Safety.
  • Erin Oliver brings over 25 years of experience in health and safety across various sectors.
  • Proven track record in improving safety standards and receiving multiple awards for safety leadership.
  • Erin will join Algoma's senior leadership team, indicating a strategic focus on safety.
  • CEO Mike Garcia highlights the alignment with Algoma's transformation to green steel.
  • Erin’s appointment demonstrates Algoma's commitment to safety investment.
Negative
  • No specific financial or business data provided in the press release.
  • Potential costs associated with the new executive position could affect short-term financials.

SAULT STE. MARIE, June 11, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today that it has appointed Erin Oliver in a newly created role of Vice President - Health and Safety. Erin will report to CEO Mike Garcia and sit on the Company’s senior leadership team.

Originally from Sault Ste. Marie, Erin is a seasoned Health and Safety professional with over 25 years of experience and a proven track record in enhancing safety culture across sectors including construction, health care, forestry and manufacturing. During her tenure at a Canada-wide mechanical and electrical contracting firm, she helped drive significant improvements in health and safety standards, earning her multiple awards for leadership in safety excellence.

“I am excited to welcome Erin to the leadership team at a critical time in Algoma’s transformation to become a North American leader in green steel,” said Michael D. Garcia, Algoma’s Chief Executive Officer. “Erin brings a depth of experience and expertise in building robust safety-first cultures and her appointment to our leadership team in this new role speaks to our ongoing commitment and investment in safety to ensure that safety is front and centre in all we do.”

Commenting on her appointment, Ms. Oliver said, “I am excited to return to Sault Ste. Marie and join a company that cares deeply about its people and recognizes the need to continuously invest, learn and enhance safety practices. I look forward to working with the existing health and safety team to advance the great work already underway.”

About Algoma Steel Inc.

Based in Sault Ste. Marie, Ontario, Canada, Algoma is a fully integrated producer of hot and cold rolled steel products including sheet and plate. Driven by a purpose to build better lives and a greener future, Algoma is positioned to deliver responsive, customer-driven product solutions to applications in the automotive, construction, energy, defense, and manufacturing sectors. Algoma is a key supplier of steel products to customers in North America and is the only producer of discrete plate products in Canada. Its state-of-the-art Direct Strip Production Complex (“DSPC”) is one of the lowest-cost producers of hot rolled sheet steel (HRC) in North America.

Algoma is on a transformation journey, modernizing its plate mill and adopting electric arc technology that builds on the strong principles of recycling and environmental stewardship to significantly lower carbon emissions. Today Algoma is investing in its people and processes, working safely, as a team to become one of North America’s leading producers of green steel.

As a founding industry in their community, Algoma is drawing on the best of its rich steelmaking tradition to deliver greater value, offering North America the comfort of a secure steel supply and a sustainable future as your partner in steel.

Communications contact:
Laura Devoni
Director – Strategy, Corporate Affairs & Sustainability
Algoma Steel Inc.
Tel: 1.705.255.1202
E-mail: Laura.Devoni@algoma.com


FAQ

Who is the new Vice President of Health and Safety at Algoma Steel?

Erin Oliver has been appointed as the new Vice President of Health and Safety at Algoma Steel.

When was Erin Oliver appointed as Vice President of Health and Safety at Algoma Steel?

Erin Oliver was appointed on June 11, 2024.

What is the ticker symbol for Algoma Steel?

The ticker symbol for Algoma Steel is ASTL.

What experience does Erin Oliver bring to Algoma Steel?

Erin Oliver has over 25 years of experience in health and safety across various sectors including construction, health care, forestry, and manufacturing.

Who does Erin Oliver report to at Algoma Steel?

Erin Oliver will report to CEO Mike Garcia.

What is the significance of Erin Oliver's appointment to Algoma Steel?

Erin Oliver's appointment highlights Algoma Steel's commitment to safety and its strategic transformation into a leader in green steel.

Algoma Steel Group Inc. Common Shares

NASDAQ:ASTL

ASTL Rankings

ASTL Latest News

ASTL Stock Data

1.10B
104.12M
7.57%
69.13%
3.93%
Steel
Basic Materials
Link
United States of America
Sault Ste. Marie