The board of directors of Commercial Metals Company announced today that effective September 1, 2017, Barbara Smith will assume the role of President and Chief Executive Officer of the Company and become a member of the board of directors.
Smith has been the company's President and Chief Operating Officer since January 2017. Joe Alvarado will continue to serve the company as Chief Executive Officer through August 31, 2017 and will continue to serve as Chairman of the Board through the company's annual meeting of stockholders to be held in January 2018.
Smith joined the company in May 2011 as Senior Vice President and Chief Financial Officer, and was appointed Chief Operating Officer in January 2016 and President and Chief Operating Officer in January 2017. Prior to joining the company, Smith served as Vice President and Chief Financial Officer of Gerdau Ameristeel Corporation. Her experience also includes more than 20 years with Alcoa in various leadership roles across a variety of Alcoa's businesses.