Irvine, California-based MMFX Technologies Corporation announced Wednesday that it has appointed Thomas Russo as the company's new CEO. "With over 35 years of experience in the steel industry, Russo will focus on expanding the industrial applications for MMFX's unique steel nanotechnology and growing the market position of its uncoated corrosion-resistant and high-strength reinforcing steel products," MMFX said in a press release. MMFX is growing the sales of its MMFX2 reinforcing steel products globally, with inventory available throughout North America, the Middle East and recent introduction in South America.
Russo began his career in 1977 at Bethlehem Steel's Sparrows Point rod and wire mill as a management trainee. During his time there Russo held various roles in engineering, operations and senior management across several different facility owners. When the Sparrows Point facility was purchased by OAO Severstal in 2008, Russo was then appointed as the president & general manager, a position he held until he retired in 2010.
Since 2010, Russo has served as the president and CEO of Trusscon Inc., a consulting company focused on the steel manufacturing and processing industries. There he has led efforts to assist major global companies with improvements in a variety of areas, including sales strategy, product development and evaluation of industry opportunities.
Russo is also serving as the current president of the Association for Iron and Steel Technology (AIST) Foundation, where he has served on the board of trustees since 2006.