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Radius Recycling, Inc. Appoints Mauro Gregorio to its Board of Directors
Radius RecyclingRadius Recycling(US:RDUS) GlobeNewswire News Roomยท2024-10-24 20:00

Core Insights - Radius Recycling, Inc. has appointed Mauro Gregorio as a new independent director, effective November 1, 2024, who will serve on the Audit Committee and the Compensation and Human Resources Committee [1][3] Company Overview - Radius Recycling, Inc. is one of the largest manufacturers and exporters of recycled metal products in North America, with operations in 25 states, Puerto Rico, and Western Canada [4] - The company operates seven deep water export facilities on the East and West Coasts, as well as in Hawaii and Puerto Rico [4] - Radius has an integrated operating platform that includes 50 stores selling used auto parts from salvaged vehicles, receiving over 4 million annual retail visits [4] - The steel manufacturing operations produce finished steel products, including rebar, wire rod, and other specialty products [4] Leadership Background - Mauro Gregorio has nearly 40 years of experience at Dow, where he held multiple leadership roles, including overseeing the post-acquisition integration of Dow Corning and managing the feedstock and energy business unit [2] - He has also served as global Vice President for the Hygiene and Medical Performance Plastics division and had executive oversight of Dow's operations in Latin America [2] - Gregorio holds a BS in Chemical Engineering and an MBA, and currently serves as a Board Director for Eagle Materials, Inc. [2] Strategic Implications - The appointment of Mauro Gregorio is expected to enhance Radius' strategic growth goals and address the increasing global demand for recycled metal products and services [3] - His extensive knowledge of global commodities markets and performance optimization is seen as invaluable for the company's future endeavors [3]