Radius Recycling, Inc. Appoints Marc Hathhorn as Chief Operating Officer
Radius Recycling (NASDAQ: RDUS) has appointed Marc Hathhorn as Executive Vice President and Chief Operating Officer, effective November 1, 2024. Hathhorn joins from Peabody Energy , where he served as President of Global Operations, managing 5,000 employees and 17 coal mines. The company highlighted its operational capacity, including 100+ facilities producing over 4 million tons of recycled ferrous volumes, 700 million pounds of nonferrous volumes, and 500 thousand tons of low carbon GRN™ finished steel products annually. In his new role, Hathhorn will focus on operational excellence, growth strategies, and advancing the company's strategic objectives.
Radius Recycling (NASDAQ: RDUS) ha nominato Marc Hathhorn come Vice Presidente Esecutivo e Chief Operating Officer, con effetto dal 1 novembre 2024. Hathhorn proviene da Peabody Energy, dove ha ricoperto il ruolo di Presidente delle Operazioni Globali, gestendo 5.000 dipendenti e 17 miniere di carbone. L'azienda ha evidenziato la propria capacità operativa, includendo oltre 100 impianti che producono oltre 4 milioni di tonnellate di volumi di ferro riciclato, 700 milioni di libbre di volumi non ferrosi e 500 mila tonnellate di prodotti in acciaio finito a basso contenuto di carbonio GRN™ ogni anno. Nel suo nuovo ruolo, Hathhorn si concentrerà su eccellenza operativa, strategie di crescita e sull’avanzamento degli obiettivi strategici dell'azienda.
Radius Recycling (NASDAQ: RDUS) ha nombrado a Marc Hathhorn como Vicepresidente Ejecutivo y Director de Operaciones, a partir del 1 de noviembre de 2024. Hathhorn se une desde Peabody Energy, donde se desempeñó como Presidente de Operaciones Globales, gestionando a 5,000 empleados y 17 minas de carbón. La empresa destacó su capacidad operativa, incluyendo más de 100 instalaciones que producen más de 4 millones de toneladas de volúmenes ferrosos reciclados, 700 millones de libras de volúmenes no ferrosos y 500 mil toneladas de productos de acero terminado de bajo carbono GRN™ al año. En su nuevo rol, Hathhorn se enfocará en la excelencia operativa, estrategias de crecimiento y en avanzar los objetivos estratégicos de la empresa.
Radius Recycling (NASDAQ: RDUS)는 Marc Hathhorn을 2024년 11월 1일부로 최고 운영 책임자(Chief Operating Officer, COO) 겸 부사장으로 임명했습니다. Hathhorn은 Peabody Energy에서 글로벌 운영 부사장으로 5,000명의 직원과 17개의 석탄 광산을 관리하며 업무를 수행해왔습니다. 회사는 연간 400만 톤 이상의 재활용 철강 제품, 7억 파운드의 비철 금속 볼륨 및 50만 톤의 저탄소 GRN™ 완제품을 생산하는 100개 이상의 시설을 포함한 운영 능력을 강조했습니다. 새로운 역할에서 Hathhorn은 운영 우수성, 성장 전략 및 회사의 전략적 목표를 발전시키는 데 집중할 것입니다.
Radius Recycling (NASDAQ: RDUS) a nommé Marc Hathhorn au poste de Vice-Président Exécutif et Directeur des Opérations, à compter du 1er novembre 2024. Hathhorn rejoint l'entreprise après avoir été Président des Opérations Globales chez Peabody Energy, où il a géré 5 000 employés et 17 mines de charbon. L'entreprise a mis en avant sa capacité opérationnelle, comprenant plus de 100 installations produisant plus de 4 millions de tonnes de volumes ferreux recyclés, 700 millions de livres de volumes non ferreux et 500 000 tonnes de produits en acier finis à faible teneur en carbone GRN™ par an. Dans son nouveau rôle, Hathhorn se concentrera sur l'excellence opérationnelle, les stratégies de croissance et l'avancement des objectifs stratégiques de l'entreprise.
Radius Recycling (NASDAQ: RDUS) hat Marc Hathhorn zum Executive Vice President und Chief Operating Officer ernannt, mit Wirkung zum 1. November 2024. Hathhorn kommt von Peabody Energy, wo er als Präsident der Global Operations tätig war und 5.000 Mitarbeiter sowie 17 Kohlenminen leitete. Das Unternehmen hob seine operative Kapazität hervor, einschließlich über 100 Anlagen, die jährlich über 4 Millionen Tonnen recycelte Eisenmengen, 700 Millionen Pfund an nichteisenhaltigen Materialien und 500.000 Tonnen an GRN™-Fertigstahlprodukten mit niedrigem Kohlenstoffgehalt produzieren. In seiner neuen Rolle wird sich Hathhorn auf operationale Exzellenz, Wachstumsstrategien und die Umsetzung der strategischen Ziele des Unternehmens konzentrieren.
- Appointment of experienced executive with 30+ years of leadership in mining industry
- Strong operational infrastructure with 100+ facilities
- Significant production capacity: 4M tons ferrous, 700M pounds nonferrous, 500K tons GRN™ steel
- Strategic positioning for growth in manufacturing activity and infrastructure investment
- None.
PORTLAND, Ore., Nov. 08, 2024 (GLOBE NEWSWIRE) -- Radius Recycling, Inc. (NASDAQ: RDUS) today announced the appointment of Marc Hathhorn as Executive Vice President and Chief Operating Officer, effective November 1, 2024. Hathhorn joins Radius from Peabody Energy Corporation (NYSE: BTU) and brings more than 30 years of leadership experience in the mining industry.
Most recently, Hathhorn held the position of President--Global Operations at Peabody Energy Corporation (NYSE: BTU), overseeing 5,000 employees and 17 coal mines across the U.S. and Australia. Under Hathhorn’s leadership, Peabody achieved multiple safety performance awards, exceeded environmental management and compliance goals, and implemented operating plans that resulted in industry-leading unit costs. Hathhorn will report to Tamara L. Lundgren, Chairman and Chief Executive Officer of Radius Recycling, Inc.
“I am delighted to welcome Marc to the Radius team,” said Lundgren. “Marc is an experienced global leader with a track record of success in achieving operational excellence and executing growth strategies in commodity-based businesses. In this newly created role, he will help advance our progress on our operating and financial goals, and our strategic objectives, including investments in advanced metal recovery technologies, expansion of our recycling services platform, volume growth, and productivity improvements.”
Lundgren added, “With our 100+ operating facilities producing annual recycled ferrous volumes of over four million tons, nonferrous volumes of over 700 million pounds, low carbon and net zero carbon emission GRN™ finished steel products of more than 500 thousand tons, and our 3PR™ service and supply chain solution that enables our customers to increase their recycling rates, we are well-positioned to benefit from demand associated with stronger global manufacturing activity supported by the anticipated decline in interest rates and infrastructure investment.”
About Radius Recycling, Inc.
Radius Recycling, Inc. (formerly Schnitzer Steel Industries, Inc.) is one of the largest manufacturers and exporters of recycled metal products in North America with operating facilities located in 25 states, Puerto Rico, and Western Canada. Radius has seven deep water export facilities located on both the East and West Coasts and in Hawaii and Puerto Rico. The Company’s integrated operating platform also includes 50 stores which sell serviceable used auto parts from salvaged vehicles and receive over 4 million annual retail visits. The Company’s steel manufacturing operations produce finished steel products, including rebar, wire rod and other specialty products. Radius began operations in 1906 in Portland, Oregon.
Radius Recycling:
Public Affairs & Communications:
Eric Potashner
415-624-9885
epotashner@rdus.com
Investor Relations:
Michael Bennett
503-323-2811
mcbennett@rdus.com
Company Info:
radiusrecycling.com
ir@rdus.com
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