Irving, Texas-based metals recycling and manufacturing company Commercial Metals Company (CMC) announced Wednesday that its Board of Directors has promoted Joe Alvarado to the position of President and Chief Operating Officer (COO). Alvarado has been CMC's COO since April 2010 and will continue to report to Murray R. McClean who remains the Chairman and CEO of CMC.
In congratulating Alvarado, Murray R. McClean, the Company's CEO and Chairman, said, "I am proud to transition the role of President of the Company to Joe. He has brought about many positive changes since joining CMC. He is a true leader, and this larger role shows that Joe has earned the full confidence of the Board and management."
Alvarado is the former President of US Tubular Products, Inc. (a division of US Steel) and was the President of Lone Star Technologies prior to its acquisition by US Steel.