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Russel Metals Inc (RUS.TO)

RUS.TO on Toronto Stock Exchange

18.79CAD
23 Oct 2020
Change (% chg)

$-0.11 (-0.58%)
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Volume
78,760
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Summary

Name Age Since Current Position

James Dinning

67 2014 Independent Chairman of the Board

John Reid

51 2018 President, Chief Executive Officer, Director

Marion Britton

2013 Chief Financial Officer, Executive Vice President, Secretary

Maureen Kelly

Vice President - Information Systems

Ryan MacDermid

2016 Vice President - Risk Management and Legal

John Maclean

2018 Vice President, - Service Center Operations

Brian Hedges

67 2018 Director

Roger Paiva

2020 Director

Alain Benedetti

71 2006 Independent Director

John Clark

64 2012 Independent Director

Alice Laberge

63 2007 Independent Director

William O'Reilly

71 2009 Independent Director

Annie Thabet

59 2018 Independent Director

John Tulloch

73 2013 Independent Director

Biographies

Name Description

James Dinning

Mr. James F. Dinning serves as Independent Chairman of the Board of the Company. He serves as Board Chair of Western Investment Company and as a director of various other private companies, foundations and trusts. He was chair of Western Financial Group Inc. from 2005 to 2017 when the company was acquired by Wawanesa. He is the past chair of Liquor Stores North America Ltd and Export Development Canada and a former director of Parkland Fuel Corp, Finning International Inc. and Shaw Communications Inc. From 1997 to 2004 Mr. Dinning was a senior executive of TransAlta Corporation. Mr. Dinning held several key positions during his 11 years as a member of the Legislative Assembly in Alberta, including Provincial Treasurer from 1992 to 1997. He is a Member of the Order of Canada and a Fellow of the Institute of Corporate Directors. He is Chancellor Emeritus of the University of Calgary.

John Reid

Mr. John G. Reid was President, Chief Operating Officer, Executive Vice President of the Company. Mr. Reid started with JMS Metals Services, Inc. and related companies ("JMS") in 1991, was promoted to President of JMS in 1994 and served as President of the Company's JMS Russel Metals operations since the Company's purchase of JMS in 2007. From 2009 to 2013, Mr. Reid held the position of Vice President Operations, Service Centers and took on increased responsibility for the energy products units. On February 21, 2013, Mr. Reid was appointed Chief Operating Officer, on May 2, 2013, Mr. Reid was appointed Executive Vice President and on January 1, 2016, Mr. Reid was appointed President.

Marion Britton

Ms. Marion E. Britton serves as Chief Financial Officer, Executive Vice President, Secretary of the Company. Ms. Britton is an executive officer of the Company. On February 18, 2008, Ms. Britton was appointed Chief Financial Officer, on May 12, 2009, Ms. Britton was appointed Secretary and on May 2, 2013, Ms. Britton was appointed Executive Vice President. Ms. Britton is a Chartered Professional Accountant and a Chartered Accountant. In 1984, Ms. Britton joined Marshall Drummond McCall, which was acquired by Russel Metals in 1987. From 1987 to 1994, Ms. Britton was responsible for financial management for the Metals Operations. In 1994, Ms. Britton assumed the role of Vice President and Corporate Controller and in 2004 Ms. Britton was appointed to Vice President and Chief Accounting Officer responsible for our internal control systems and financial reporting

Maureen Kelly

Ms. Maureen A. Kelly serves as Vice President - Information Systems of the Company. Ms. Kelly joined Russel Metals in 1998 as Vice President, Information Systems and has been responsible for the Company’s information system and technology resources since that time. In addition, she has led the successful conversion and integration of our acquired metals businesses onto our computer systems. Prior to joining Russel Metals, Ms. Kelly was the Vice President, Information Systems and Administration for Gandalf Technologies Inc. She also has information systems experience in the telecommunications and insurance industries.

Ryan MacDermid

Mr. Ryan Wallace MacDermid serves as Vice President - Risk Management and Legal of the Company. Mr. MacDermid is responsible for the Company's enterprise risk management program which involves the identification, assessment, management and monitoring of enterprise risk, and he oversees the Company's legal affairs which include corporate transactions, capital market issuances, litigation management and corporate governance. Prior to joining Russel Metals in 2015, Mr. MacDermid was a partner of Davies Ward Phillips & Vineberg LLP where his practice was focused on mergers and acquisitions, corporate finance and corporate governance. Mr. MacDermid was called to the Bar in the Province of Ontario. He is a graduate of Osgoode Hall Law School, LL.B. and Queen's University, B.A. (Honours).

John Maclean

Mr. John F. Maclean serves as Vice President, - Service Center Operations of the Company. On April 23, 2018, Mr. Maclean was promoted to Vice President, Service Center Operations. Mr. Maclean joined Russel Metals in July of 2013 as the General Manager responsible for overseeing the Operations in Manitoba and Saskatchewan. In September 2016 Mr. Maclean was appointed to the position of Vice President of Canadian Service Center Operations. Prior to joining Russel Metals, Mr. Maclean was the Commercial Director of Bar Products for North America for Gerdau. During his 33 year career at Gerdau, Mr. Maclean held various management positions which included responsibility for Commercial, Distribution, Quality Control and Informations Systems.

Brian Hedges

Mr. Brian R. Hedges serves as Director of the Company. Mr. Hedges is a corporate Director. He retired from the Company May 2, 2018. Mr. Hedges joined Russel Metals as Executive Vice President and CFO in 1994. During his early years with the Company, Mr. Hedges contributed to the divestitures of non-metals operations and the restructuring from a holding company to a metals distribution company. Over the succeeding 15 years, Mr. Hedges assumed various responsibilities, including becoming Executive Vice President and Chief Operating Officer of Russel Metals in 2008. In 2009, Mr. Hedges was appointed President and Chief Executive Officer of Russel Metals. He served as Chief Executive Officer of the Company until his retirement on May 2, 2018. Prior to joining Russel Metals, Mr. Hedges held the positions of President and Chief Executive Officer and Chief Financial Officer, at Gandalf Technologies and Chief Financial Officer at Teleglobe Inc.

Roger Paiva

Mr. Roger Paiva serves as Director of the Company. Mr. Paiva holds a BSc. in mechanical engineering and is a seasoned steel manufacturing executive who has led strategy, operations and safety performance for plant facilities in North and South America during his nearly 40-year career with Gerdau Steel Company

Alain Benedetti

Mr. Alain Benedetti CPA serves as Independent Director of the Company. Mr. Benedetti is a Corporate Director. Mr. Benedetti was Chair of the Canadian Institute of Chartered Accountants from September 2006 to September 2008. From 1998 to his retirement in June 2004, he was Vice Chair and Canadian Area Managing Partner of Ernst & Young LLP.

John Clark

Mr. John M. Clark serves as Independent Director of the Company. Mr. Clark is President of Investments & Technical Management Corp., a firm engaged in corporate finance and merchant banking, since 1999. In relation to Mr. Clark’s position at Investments & Technical Management Corp., he also serves as a director of private companies under its ownership. He was Chief Financial Officer and a Director of Polaris Geothermal Inc. from June 2004 to October 2009. He was President and/or Executive Chairman of Laurasia Resources Limited, a publicly traded oil and gas exploration and development company from 1988 to 1998.

Alice Laberge

Ms. Alice D. Laberge serves as Independent Director of the Company. She was President and Chief Executive Officer of Fincentric Corporation (a global provider of software solutions to financial institutions) from 2003 to 2005 and CFO from 2000 to 2003. Prior to that she was with MacMillan Bloedel Limited in a number of financial positions including Senior Vice President, Finance and CFO. Ms. Laberge is currently a Director of the Canadian Public Accountability Board.

William O'Reilly

Mr. William M. O'Reilly serves as Independent Director of the Company. Mr. O'Reilly was Managing Partner and a member of the Management Committee of Davies Ward Phillips & Vineberg LLP, a legal advisor to the Company, from 1997 until his retirement from those positions on May 31, 2010. He was a partner of that firm from 1976 to December 31, 2011, except for the period between August 1993 and January 1996 when he served as an executive officer of Russel Metals. Mr. O'Reilly was Secretary of Russel Metals from May 1994 to May 2009.

Annie Thabet

Ms. Annie Thabet serves as Independent Director of the Company. Ms. Thabet is a Corporate Director and a Partner at Celtis Capital, a firm specialized in transactional services related to mergers and acquisitions, divestitures, corporate finance and asset management, which she cofounded in 2003. From 2010 to 2018 Ms. Thabet served as a director of Jean Coutu Group Inc. and from 1987 to 1998 she was at Société générale de financement du Québec, a crown corporation specialized in private equity investment. Ms. Thabet is also a director of Manac Inc. and Centraide of Greater Montreal Foundation and past Chair of the Board of the Institute of Corporate Directors – Quebec.

John Tulloch

Mr. John R. Tulloch serves as Independent Director of the Company. Mr. Tulloch was Executive Vice President of SSAB AB (a Nordic and US based steel company) and President of their North American Division from 2007 until his retirement in 2008. From 2004 until the takeover of IPSCO Inc. by SSAB, in 2007 he was Executive Vice President, Steel and Chief Commercial Officer of IPSCO. Prior to that he held various senior executive positions at IPSCO, including Vice President and General Manager of the Tubular Division. From 2009 to 2018 Mr. Tulloch served as a director of SSAB AB. He is a past Director of various steel and energy industry associations, including the American Iron and Steel Institute, the Metal Service Center Institute, the Steel Manufacturers Association and the Interstate Natural Gas Association of America Foundation.

Basic Compensation

Name Fiscal Year Total

James Dinning

295,000

John Reid

3,815,720

Marion Britton

1,432,550

Maureen Kelly

527,932

Ryan MacDermid

521,828

John Maclean

744,177

Brian Hedges

256,500

Roger Paiva

--

Alain Benedetti

188,000

John Clark

189,500

Alice Laberge

176,000

William O'Reilly

183,500

Annie Thabet

261,000

John Tulloch

191,000
As Of  31 Dec 2019