Metal Processing and Distribution
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Reliance, Inc. Announces Appointment of John G. Sznewajs to Board of Directors
Globenewswire· 2025-10-01 10:50
Core Insights - Reliance, Inc. has appointed John G. Sznewajs as an independent member of its Board of Directors, effective October 1, 2025, with his term expiring at the 2026 Annual Meeting of Stockholders [1][2] - Following this appointment, Reliance's Board will consist of nine members, with eight being independent [1] Company Overview - Reliance, Inc. is a leading global diversified metal solutions provider and the largest metals service center company in North America, founded in 1939 [3] - The company operates approximately 320 locations across 41 states and 10 countries, providing value-added metals processing services and distributing over 100,000 metal products to more than 125,000 customers [3] - In 2024, Reliance's average order size was $2,980, with about 50% of orders including value-added processing and approximately 40% delivered within 24 hours [3] Leadership Background - John G. Sznewajs brings extensive financial expertise and experience in corporate strategy, finance, and multinational industrial operations to Reliance's Board [2] - He previously served as Vice President and Chief Financial Officer of Masco Corporation from 2007 to 2023 and is currently a director at CMS Energy Corporation [2]
Reliance, Inc. Announces Participation at the Jefferies Industrials Conference
Globenewswire· 2025-08-27 10:50
Company Overview - Reliance, Inc. is a leading global diversified metal solutions provider and the largest metals service center company in North America, founded in 1939 [3] - The company operates approximately 320 locations across 41 states and 10 countries outside the United States, serving over 125,000 customers in various industries [3] - Reliance offers a full line of over 100,000 metal products and focuses on small orders with quick turnaround and value-added processing services [3] Financial and Operational Highlights - In 2024, Reliance's average order size was $2,980, with approximately 50% of orders including value-added processing [3] - Approximately 40% of orders were delivered within 24 hours, indicating a strong operational efficiency [3] Upcoming Events - Karla Lewis, President and CEO, and Stephen Koch, Executive Vice President and COO, will participate in the Jefferies Industrials Conference on September 3, 2025, at 3:30 p.m. ET [1] - The presentation will be webcast live and available for replay on the company's website for 90 days following the event [2]