Reliance Steel promotes Stephen Koch to COO; Shanley to retire; annual meeting results

RELIANCE, INC.

Michael P. Shanley to retire as SVP Operations effective Dec 31, 2022; will serve as Special Advisor from July 1, 2022.
Stephen P. Koch promoted to EVP and COO effective July 1, 2022; base salary $687,500, target incentive 150%.
Michael R. Hynes promoted to SVP Operations effective July 1, 2022; previously President of Phoenix Metals.
Annual meeting: all 10 directors elected; say on pay approved 50.4M for vs 1.6M against; KPMG ratified; proxy access proposal defeated.

item 5.02 item 5.07 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Michael R. Hynes

Senior Vice President, Operations

RS · RELIANCE, INC.

Effective: 2022-07-01
Filed: May 20, 2022, 7:59 PM ET

the Company also announced the promotion of Michael R. Hynes to Senior Vice President, Operations, effective July 1, 2022.

Departed

Michael P. Shanley

Senior Vice President, Operations

RS · RELIANCE, INC.

Effective: 2022-12-31
Successor: Michael R. Hynes
Filed: May 20, 2022, 7:59 PM ET

On May 18, 2022, Michael P. Shanley, the Senior Vice President, Operations of Reliance Steel & Aluminum Co. (the “Company”) notified the Company of his intended retirement from the Company, effective December 31, 2022.

Role change

Stephen P. Koch

Executive Vice President and Chief Operating Officer

RS · RELIANCE, INC.

Effective: 2022-07-01
Successor: Michael R. Hynes
Filed: May 20, 2022, 7:59 PM ET

the Company announced the promotion of Stephen P. Koch to the position of Executive Vice President and Chief Operating Officer, effective July 1, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael R. Hynes changed role as Senior Vice President, Operations at RELIANCE, INC..

Action: promoted
Role: Senior Vice President, Operations

Exact text from the filing

the Company also announced the promotion of Michael R. Hynes to Senior Vice President, Operations, effective July 1, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael P. Shanley retired as Senior Vice President, Operations at RELIANCE, INC..

Action: retired
Role: Senior Vice President, Operations

Exact text from the filing

On May 18, 2022, Michael P. Shanley, the Senior Vice President, Operations of Reliance Steel & Aluminum Co. (the “Company”) notified the Company of his intended retirement from the Company, effective December 31, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Stephen P. Koch changed role as Executive Vice President and Chief Operating Officer at RELIANCE, INC..

Action: promoted
Role: Executive Vice President and Chief Operating Officer

Exact text from the filing

the Company announced the promotion of Stephen P. Koch to the position of Executive Vice President and Chief Operating Officer, effective July 1, 2022.

View on SEC.gov

RELIANCE, INC. filing history →

Source: SEC EDGAR

accession 0001104659-22-063119

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