STOCK TITAN

CMC Announces Appointment of Kekin Ghelani as Senior Vice President, Chief Strategy Officer

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management

Commercial Metals Company (NYSE: CMC) has appointed Kekin Ghelani as Senior Vice President, Chief Strategy Officer, effective October 1, 2024. In this role, Ghelani will be responsible for guiding the strategic direction of the company, driving long-term growth and M&A activity, leading integration efforts following future acquisitions, and ensuring alignment across all lines of business.

Ghelani brings extensive experience from previous roles, including Chief Strategy and Growth Officer at Summit Materials, Inc., and leadership positions at DuPont de Nemours, Inc., Celanese , McKesson , and Honeywell International. He holds an MBA from Emory University and a BS in Mechanical Engineering from the University of South Alabama.

Peter R. Matt, CMC's President and CEO, expressed confidence in Ghelani's capabilities to help drive the company's growth plan.

Commercial Metals Company (NYSE: CMC) ha nominato Kekin Ghelani come Vicepresidente Senior, Chief Strategy Officer, a partire dal 1 ottobre 2024. In questo ruolo, Ghelani sarà responsabile per guidare la direzione strategica dell'azienda, promuovere la crescita a lungo termine e l'attività di M&A, guidare gli sforzi di integrazione dopo le future acquisizioni e garantire l'allineamento tra tutte le linee di business.

Ghelani porta con sé una vasta esperienza da ruoli precedenti, tra cui Chief Strategy and Growth Officer presso Summit Materials, Inc., e posizioni di leadership in DuPont de Nemours, Inc., Celanese, McKesson e Honeywell International. Ha conseguito un MBA presso l'Emory University e una laurea in ingegneria meccanica presso l'Università del Sud Alabama.

Peter R. Matt, Presidente e CEO di CMC, ha espresso fiducia nelle capacità di Ghelani per aiutare a realizzare il piano di crescita dell'azienda.

Commercial Metals Company (NYSE: CMC) ha designado a Kekin Ghelani como Vicepresidente Senior, Chief Strategy Officer, efectivo a partir del 1 de octubre de 2024. En este rol, Ghelani será responsable de guiar la dirección estratégica de la empresa, impulsar el crecimiento a largo plazo y la actividad de M&A, liderar los esfuerzos de integración tras futuras adquisiciones y garantizar la alineación en todas las líneas de negocio.

Ghelani aporta una amplia experiencia de sus roles anteriores, incluido Chief Strategy and Growth Officer en Summit Materials, Inc., y cargos de liderazgo en DuPont de Nemours, Inc., Celanese, McKesson y Honeywell International. Posee un MBA de la Universidad de Emory y una licenciatura en Ingeniería Mecánica de la Universidad del Sur de Alabama.

Peter R. Matt, Presidente y CEO de CMC, expresó confianza en las capacidades de Ghelani para ayudar a impulsar el plan de crecimiento de la empresa.

상업 금속 회사(뉴욕증권거래소: CMC)는 Kekin Ghelani를 수석 부사장, 최고 전략 책임자로 임명했습니다. 이는 2024년 10월 1일부터 유효합니다. 이 역할에서 Ghelani는 회사의 전략적 방향을 이끌고, 장기적인 성장과 인수합병 활동을 촉진하며, 향후 인수 후 통합 작업을 이끌고 모든 사업 부문 간의 조정을 보장하는 책임을 질 것입니다.

Ghelani는 Summit Materials, Inc.의 최고 전략 및 성장 책임자를 비롯하여 DuPont de Nemours, Inc., Celanese, McKesson 및 Honeywell International에서의 리더십 직책을 포함한 폭넓은 경험을 보유하고 있습니다. 그는 에모리 대학교에서 MBA를, 사우스 앨라바마 대학교에서 기계 공학 학사 학위를 받았습니다.

CMC의 회장 겸 CEO인 Peter R. Matt는 Ghelani가 회사의 성장 계획을 추진하는 데 도움을 줄 수 있는 역량에 대한 신뢰를 표현했습니다.

Commercial Metals Company (NYSE: CMC) a nommé Kekin Ghelani au poste de Vice-Président Senior, Chief Strategy Officer, avec effet au 1er octobre 2024. Dans ce rôle, Ghelani sera responsable de guider la direction stratégique de l'entreprise, d'impulser la croissance à long terme et les activités de fusions-acquisitions, de diriger les efforts d'intégration après de futures acquisitions et d'assurer l'alignement entre toutes les lignes d'affaires.

Ghelani apporte une vaste expérience de ses précédents rôles, y compris Chief Strategy and Growth Officer chez Summit Materials, Inc., ainsi que des postes de direction chez DuPont de Nemours, Inc., Celanese, McKesson et Honeywell International. Il détient un MBA de l'Emory University et un baccalauréat en ingénierie mécanique de l'Université du Sud de l'Alabama.

Peter R. Matt, Président et CEO de CMC, a exprimé sa confiance dans les capacités de Ghelani pour aider à mettre en œuvre le plan de croissance de l'entreprise.

Die Commercial Metals Company (NYSE: CMC) hat Kekin Ghelani zum Senior Vice President, Chief Strategy Officer ernannt, wirksam zum 1. Oktober 2024. In dieser Rolle wird Ghelani verantwortlich sein für die strategische Ausrichtung des Unternehmens zu leiten, das langfristige Wachstum und M&A-Aktivitäten voranzutreiben, Integrationsbemühungen nach zukünftigen Übernahmen zu leiten und die Abstimmung zwischen allen Geschäftsbereichen sicherzustellen.

Ghelani bringt umfassende Erfahrungen aus früheren Positionen mit, darunter Chief Strategy and Growth Officer bei Summit Materials, Inc., sowie Führungspositionen bei DuPont de Nemours, Inc., Celanese, McKesson und Honeywell International. Er hat einen MBA von der Emory University und einen Bachelor in Maschinenbau von der University of South Alabama.

Peter R. Matt, Präsident und CEO von CMC, äußerte Vertrauen in Ghelanis Fähigkeiten, den Wachstumsplan des Unternehmens voranzutreiben.

Positive
  • Appointment of an experienced executive as Chief Strategy Officer
  • Focus on driving long-term growth and M&A activity
  • Emphasis on strategic direction and business alignment
Negative
  • None.

IRVING, Texas, Oct. 1, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) (the "Company") today announced that the Board of Directors of the Company (the "Board") appointed Kekin Ghelani to serve as the Company's Senior Vice President, Chief Strategy Officer, effective October 1, 2024. In this role, Chief Strategy Officer, Mr. Ghelani will be responsible for guiding the strategic direction of the Company, driving long-term growth and M&A activity, leading integration efforts following future acquisitions, and ensuring alignment across all lines of business to support CMC's dynamic and competitive goals.

Mr. Ghelani previously served as the Chief Strategy and Growth Officer of Summit Materials, Inc. from May 2022 to August 2024, after serving as Vice President of Strategy, Growth and Ventures of the Water & Protection business unit of DuPont de Nemours, Inc. from 2019 to 2022. From 2013 to 2019, Mr. Ghelani held roles of increasing responsibility at Celanese Corporation. He has also held senior positions at McKesson Corporation and Honeywell International. Mr. Ghelani received his Master of Business Administration from Emory University and his Bachelor of Science in Mechanical Engineering from the University of South Alabama.

Peter R. Matt, the Company's President and Chief Executive Officer, commented, "I am excited to welcome Kekin to our leadership team. His extensive experience in strategy, corporate development, mergers and acquisitions and business integration position him to help drive CMC's growth plan. The Board and I have every confidence in his capabilities, and we look forward to Kekin's contributions to CMC in this new role."

About CMC

CMC is an innovative solutions provider helping build a stronger, safer, and more sustainable world. Through an extensive manufacturing network principally located in the United States and Central Europe, we offer products and technologies to meet the critical reinforcement needs of the global construction sector. CMC's solutions support construction across a wide variety of applications, including infrastructure, non-residential, residential, industrial, and energy generation and transmission.

Cision View original content:https://www.prnewswire.com/news-releases/cmc-announces-appointment-of-kekin-ghelani-as-senior-vice-president-chief-strategy-officer-302264139.html

SOURCE Commercial Metals Company

FAQ

Who is the new Chief Strategy Officer of Commercial Metals Company (CMC)?

Kekin Ghelani has been appointed as the new Senior Vice President, Chief Strategy Officer of Commercial Metals Company (CMC), effective October 1, 2024.

What are Kekin Ghelani's responsibilities as CMC's Chief Strategy Officer?

As Chief Strategy Officer, Kekin Ghelani will be responsible for guiding CMC's strategic direction, driving long-term growth and M&A activity, leading integration efforts following future acquisitions, and ensuring alignment across all lines of business.

What is Kekin Ghelani's professional background before joining CMC?

Kekin Ghelani previously served as Chief Strategy and Growth Officer at Summit Materials, Inc., and held leadership positions at DuPont de Nemours, Inc., Celanese , McKesson , and Honeywell International.

When does Kekin Ghelani's appointment as CMC's Chief Strategy Officer take effect?

Kekin Ghelani's appointment as Senior Vice President, Chief Strategy Officer of Commercial Metals Company (CMC) takes effect on October 1, 2024.

Commercial Metals Company

NYSE:CMC

CMC Rankings

CMC Latest News

CMC Stock Data

5.65B
113.04M
0.85%
90.09%
2.87%
Steel
Steel Works, Blast Furnaces & Rolling Mills (coke Ovens)
Link
United States of America
IRVING