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Grammy Winner Quincy Jones Named Director of Cambelle-Inland

Sept. 3 (Bloomberg) -- Quincy Jones, the Grammy-winning record producer, was named a director of Cambelle-Inland, the New York company housing the Chinese investments of Craig Bouchard, former CEO of steel producers Esmark Inc. and Shale-Inland Holdings LLC.

Yue-Sai Kan, the first Chinese-American host of a nationally broadcast television show in China, and Clifford Perlman, former chairman of Caesars World Inc., joined Jones on the board of New York-based Cambelle-Inland, the company said in a statement today.

“Doing business in Asia is very much about personal relationships,” Bouchard said in an e-mail. “Our board members have earned the trust of very senior business leaders in places like China, Japan, and Korea. It’s going to be fun working with them.”

Bouchard in December stepped down as CEO of Houston-based Shale-Inland, a steel distributor. Bouchard and his brother James founded Esmark Inc. in 2003 and expanded the company with acquisitions, including the hostile takeover of Wheeling-Pittsburgh Steel Corp., before selling it to Russia’s OAO Severstal for about $775 million in 2008. He is also CEO of Sherman Oaks, California-based Signature Group Holdings Inc., an investment company.

To contact the reporter on this story: Sonja Elmquist in New York at selmquist1@bloomberg.net

To contact the editor responsible for this story: Simon Casey at scasey4@bloomberg.net

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