AK Steel Announces Executive Retirement
WEST CHESTER, Ohio, Dec. 19, 2013
WEST CHESTER, Ohio, Dec. 19, 2013 /PRNewswire/ --AK Steel (NYSE: AKS) said
today that John F. Kaloski, Executive Vice President and Operating Officer of
AK Steel, has elected to retire from the company, effective January 31, 2014.
For more than a decade, John has served AK Steel as a member of the company's
executive leadership team.
"John's exceptional leadership has been a critical element in the company's
dramatic turnaround in previous years, as well as its ongoing efforts to
become more vertically integrated," said James L. Wainscott, Chairman,
President and CEO of AK Steel. "On behalf of AK Steel's Board of Directors,
our Executive Officers and all of us at the company, we thank John for his
dedicated service to AK Steel and wish him all the best during his
Mr. Kaloski has served the steel industry for more than 40 years, having
joined AK Steel in October 2002. He is responsible for the company's steel
operations, engineering, raw materials and energy, manufacturing planning and
information technology, quality assurance, outside processing and purchasing,
and occupational safety and health. Additionally, he is responsible for AK
Steel's interests in iron ore and metallurgical coal operations. Prior to his
AK Steel career, Mr. Kaloski held several senior management positions for the
former National Steel Corporation and United States Steel Corporation.
In addition to his responsibilities at AK Steel, Mr. Kaloski serves as a
member of the Board of Directors of the Cincinnati Zoo and Botanical Garden.
Mr. Kaloski holds a Bachelor of Science degree in Business from the University
of Pittsburgh and an MBA from Robert Morris College. He is a veteran of the
United States Army and served in Vietnam.
Following his retirement, Mr. Kaloski's responsibilities will be assumed as
oKirk W. Reich, Vice President, Procurement and Supply Chain Management.
Mr. Reich will maintain his existing responsibilities, including merchant
slab procurement, and will assume responsibility for manufacturing
planning, information technology, and the company's metallurgical coal
operations, AK Coal Resources, Inc.
oKeith J. Howell, Vice President, Operations. In addition to his existing
responsibilities for operations, Mr. Howell will assume responsibility for
occupational safety and health, and quality assurance.
oMaurice A. ("Mo") Reed, Vice President, Engineering, Raw Materials and
Energy. Mr. Reed will continue his current responsibilities, and will
assume primary responsibility for the company's interest in Magnetation
Mr. Reich, Mr. Howell and Mr. Reed will each report directly to Jim Wainscott
effective February 1, 2014.
AK Steel produces flat-rolled carbon, stainless and electrical steels,
primarily for automotive, infrastructure and manufacturing, construction and
electrical power generation and distribution markets. The company employs
about 6,100 men and women in Middletown, Mansfield, Coshocton and Zanesville,
Ohio; Butler, Pennsylvania; Ashland, Kentucky; Rockport, Indiana; and its
corporate headquarters in West Chester, Ohio. Additional information about AK
Steel is available on the company's web site at www.aksteel.com.
AK Tube LLC, a wholly-owned subsidiary of AK Steel, employs about 300 men and
women in plants in Walbridge, Ohio and Columbus, Indiana. AK Tube produces
carbon and stainless electric resistance welded (ERW) tubular steel products
for truck, automotive and other markets. Additional information about AK Tube
LLC is available on its web site at www.aktube.com.
AK Coal Resources, Inc., another wholly-owned subsidiary of AK Steel, produces
metallurgical coal from reserves in Somerset County, Pennsylvania. AK Steel
also owns 49.9% of Magnetation LLC, a joint venture headquartered in Grand
Rapids, Minnesota, which produces iron ore concentrate from previously mined
SOURCE AK Steel
Contact: Media - Michael P. Wallner, General Manager, Communications and PR
(513) 425-2688, Investors - Roger K. Newport, Vice President, Finance and
Chief Financial Officer (513) 425-5270
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