secwatch.observer — SEC 8-K summary
======================================

Issuer:     RELIANCE, INC. (RS)
CIK:        0000861884
Form:       8-K
Filed at:   2022-05-20T23:59:59+00:00
Accession:  0001104659-22-063119
Event type: leadership
Sentiment:  positive
Materiality: 0.60
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/861884/000110465922063119/0001104659-22-063119-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/861884/000110465922063119/tm2216131d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-063119

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer