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Radius Recycling, Inc. Appoints Mauro Gregorio to its Board of Directors

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Radius Recycling (NASDAQ: RDUS) has appointed Mauro Gregorio as a new independent director, effective November 1, 2024. Gregorio, the former President of Performance Materials & Coatings Division at Dow, will serve on the Audit Committee and Compensation and Human Resources Committee. With a 40-year career at Dow, he led the Dow Corning integration, managed feedstock and energy operations, and oversaw Latin American operations. He holds a BS in Chemical Engineering and an MBA, and currently serves on Eagle Materials' board. The appointment expands Radius' board to eight members.

Radius Recycling (NASDAQ: RDUS) ha nominato Mauro Gregorio come nuovo direttore indipendente, con effetto dal 1 novembre 2024. Gregorio, ex Presidente della Divisione Materiali e Rivestimenti di Performance presso Dow, farà parte del Comitato di Audit e del Comitato per le Compensazioni e le Risorse Umane. Con una carriera di 40 anni in Dow, ha guidato l'integrazione di Dow Corning, gestito le operazioni di approvvigionamento e energia e supervisionato le operazioni in America Latina. Ha conseguito una laurea in Ingegneria Chimica e un MBA, e attualmente ricopre un ruolo nel consiglio di amministrazione di Eagle Materials. La nomina porta il consiglio di Radius a otto membri.

Radius Recycling (NASDAQ: RDUS) ha nombrado a Mauro Gregorio como nuevo director independiente, con efecto a partir del 1 de noviembre de 2024. Gregorio, ex Presidente de la División de Materiales de Rendimiento y Recubrimientos en Dow, formará parte del Comité de Auditoría y del Comité de Compensación y Recursos Humanos. Con una carrera de 40 años en Dow, lideró la integración de Dow Corning, gestionó las operaciones de materia prima y energía, y supervisó las operaciones en América Latina. Tiene una licenciatura en Ingeniería Química y un MBA, y actualmente forma parte del consejo de Eagle Materials. La incorporación amplía el consejo de Radius a ocho miembros.

Radius Recycling (NASDAQ: RDUS)는 Mauro Gregorio를 2024년 11월 1일부터 효력이 발생하는 새로운 독립 이사로 임명했습니다. Gregorio는 Dow의 성능 재료 및 코팅 부문의 전 회장이며, 감사 위원회 및 보상 및 인사 위원회에서 활동할 것입니다. 그는 Dow에서 40년의 경력을 쌓으면서 Dow Corning 통합을 이끌고, 원자재 및 에너지 운영을 관리하며, 라틴 아메리카 운영을 감독했습니다. 그는 화학 공학 학사와 MBA를 보유하고 있으며, 현재 Eagle Materials의 이사회에서 활동하고 있습니다. 이 임명으로 Radius의 이사회는 8명으로 확대되었습니다.

Radius Recycling (NASDAQ: RDUS) a nommé Mauro Gregorio comme nouveau directeur indépendant, à compter du 1er novembre 2024. Gregorio, ancien président de la division des matériaux de performance et des revêtements chez Dow, siégera au comité d'audit ainsi qu'au comité de rémunération et des ressources humaines. Avec une carrière de 40 ans chez Dow, il a dirigé l'intégration de Dow Corning, géré les opérations de matières premières et d'énergie, et supervisé les opérations en Amérique latine. Il détient un diplôme en ingénierie chimique et un MBA, et siège actuellement au conseil d'Eagle Materials. Cette nomination porte le conseil d'administration de Radius à huit membres.

Radius Recycling (NASDAQ: RDUS) hat Mauro Gregorio als neuen unabhängigen Direktor ernannt, der am 1. November 2024 in Kraft tritt. Gregorio, der ehemalige Präsident der Abteilung für Leistungsmaterialien und Beschichtungen bei Dow, wird im Prüfungsausschuss sowie im Vergütungs- und Personalausschuss tätig sein. Mit einer 40-jährigen Karriere bei Dow leitete er die Integration von Dow Corning, verwaltete die Rohstoff- und Energieversorgung und überwachte die Geschäfte in Lateinamerika. Er hat einen Bachelorabschluss in Chemieingenieurwesen sowie einen MBA und ist derzeit im Vorstand von Eagle Materials tätig. Die Ernennung erweitert den Vorstand von Radius auf acht Mitglieder.

Positive
  • Addition of experienced executive with global commodities markets expertise
  • Strategic appointment to support growth in recycled metal products demand
  • Enhancement of board expertise in performance optimization and value chain management
Negative
  • None.

PORTLAND, Ore., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Radius Recycling, Inc. (NASDAQ: RDUS) announced that its Board of Directors has appointed Mauro Gregorio, the recently retired President of the Performance Materials & Coatings Division at Dow Inc. (NYSE: DOW), as a new independent director, effective November 1, 2024. Mr. Gregorio will serve on the Audit Committee and the Compensation and Human Resources Committee of the Board.

Over his nearly 40-year career at Dow, Mr. Gregorio served in multiple roles, including leading the post-acquisition integration of Dow Corning, overseeing the company’s feedstock and energy business unit, and serving as global Vice President for the Hygiene and Medical Performance Plastics division. In addition to his business leadership role, Mr. Gregorio had executive oversight over all of Dow’s operations in Latin America, focusing on governance, talent development, and investments. Mr. Gregorio holds a BS in Chemical Engineering from the Escola de Engenharia Mauá in São Paulo, Brazil, and an MBA from Northwood University in Midland, MI. He currently serves as a Board Director for Eagle Materials, Inc. (NYSE: EXP), a leading U.S. manufacturer of heavy construction products and light building materials.

“I am delighted to welcome Mauro to Radius’ Board of Directors,” stated Tamara L. Lundgren, Chairman and CEO of Radius. “Mauro is an accomplished business leader and experienced executive with extensive knowledge of global commodities markets and a keen understanding of performance optimization across the value chain. His expertise will be invaluable as we pursue our strategic growth goals and address the rising global demand for recycled metal products and services.”

The appointment will bring Radius’ board of directors to eight members. You can view information on Radius’ board of directors on the Company’s website.

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


FAQ

When will Mauro Gregorio join Radius Recycling (RDUS) board of directors?

Mauro Gregorio will join Radius Recycling's board of directors effective November 1, 2024.

Which committees will Mauro Gregorio serve on at Radius Recycling (RDUS)?

Mauro Gregorio will serve on the Audit Committee and the Compensation and Human Resources Committee of the Board.

How many members will be on Radius Recycling's (RDUS) board after Gregorio's appointment?

After Mauro Gregorio's appointment, Radius Recycling's board will have eight members.

Radius Recycling, Inc.

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