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Last $6.21 USD
Change Today -0.05 / -0.80%
Volume 169.7K
CAS On Other Exchanges
New York
As of 8:04 PM 06/29/15 All times are local (Market data is delayed by at least 15 minutes).

castle (a.m.) & co (CAS) Snapshot

Previous Close
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52 Week High
07/3/14 - $11.87
52 Week Low
02/27/15 - $2.80
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Average Volume 10 Days
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Current Stock Chart for CASTLE (A.M.) & CO (CAS)

castle (a.m.) & co (CAS) Related Businessweek News

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castle (a.m.) & co (CAS) Details

A.M. Castle & Co. is a specialty metals and plastics distribution company. Its Metals segment offers engineered specialty grades and alloys, as well as processing services. Core products include nickel alloys, aluminum, stainless steel, and carbon in various forms, such as plate, bars, tubing, and coil. It also performs specialized fabrications for its customers through a network of pre-qualified subcontractors. The company’s Plastics segment stocks and distributes plastics in forms including plate, rod, clear sheet, tape, and fittings. It can also cut to length, cut to shape, and bend. This segment offers its services to companies in the retail (point-of-purchase), marine, office furniture and fixtures, transportation, and general manufacturing industries. The company also operates in France and Britain. A.M. Castle was founded in 1890 and is headquartered in Franklin Park, Ill.

1,667 Employees
Last Reported Date: 03/9/15
Founded in 1890

castle (a.m.) & co (CAS) Top Compensated Officers

Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $232.5K
Vice President and President of Total Plastic...
Total Annual Compensation: $247.3K
Chief Administrative Officer, General Counsel...
Total Annual Compensation: $303.8K
Vice President of Aerospace
Total Annual Compensation: $371.0K
Compensation as of Fiscal Year 2014.

castle (a.m.) & co (CAS) Key Developments

A.M. Castle & Co. Eliminates the Position of Executive Vice President & Chief Commercial Officer and Terminates Stephen J. Letnich's Employment

On June 24, 2015, A.M. Castle & Co. eliminated the position of Executive Vice President & Chief Commercial Officer and terminated Stephen J. Letnich's employment. This transition is a further step in the company's previously announced plan to create a branch management structure designed to empower local leadership in alignment with its commercial sales force.

A. M. Castle & Co. Announces Executive Changes

A. M. Castle & Co. announced that it has realigned its management structure to empower employees throughout the organization, enhancing accountability and profitability focus at every level of the Company. At the executive management level, Castle has consolidated seven corporate functions into four key executive vice president positions reporting to President & CEO, Steven W. Scheinkman, as follows: Executive Vice President & Chief Financial Officer, Patrick R. Anderson; Executive Vice President, General Counsel, Secretary & Chief Administrative Officer, Marec E. Edgar; Executive Vice President & Chief Operating Officer, Ronald E. Knopp; Executive Vice President & Chief Commercial Officer, Stephen J. Letnich. Mr. Anderson was previously Vice President, Corporate Controller and Chief Accounting Officer and Interim Chief Financial Officer and Treasurer. In addition to his promotion to Executive Vice President and Chief Financial Officer, Mr. Anderson will assume responsibility for IT functions. Mr. Edgar was previously Vice President, General Counsel & Secretary. With his promotion to Executive Vice President and Chief Administrative Officer, Mr. Edgar will assume responsibility for managing the Company’s global human resources functions. Mr. Knopp was previously Vice President, Operations. With his promotion to Executive Vice President and Chief Operating Officer, Mr. Knopp will assume overall responsibility for the management of the Company’s inventory levels with an emphasis on reducing overall inventory while ensuring the Company has the right inventory at the right locations to meet customers’ needs. Mr. Letnich maintains his previous role as Castle’s Chief Commercial Officer. The Company’s Plastics business will continue to be led by Thomas L. Garrett, Vice President and President, Total Plastics Inc., also reporting directly to Mr. Scheinkman.

A. M. Castle & Co., Annual General Meeting, May 28, 2015

A. M. Castle & Co., Annual General Meeting, May 28, 2015., at 10:00 Central Daylight. Location: company's offices at 1420 Kensington Road. Agenda: To consider the election of class II directors and newly-appointed class I directors; to approve the company's executive compensation on an advisory (non-binding) basis; to ratify the appointment of independent registered public accounting firm for the fiscal year ending December 31, 2015; and to conduct any other business that may properly come before the annual meeting.


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