Olympic Steel Hires Steven Wasil as Vice President – Specialty Metals

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January 04, 2017 12:00 AM Eastern Time
Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced Steven R. Wasil has been named Vice President – Specialty Metals, effective January 1, 2017.

Wasil brings more than 25 years of metals industry experience to Olympic Steel, with an emphasis on specialty metals. Most recently, he was Senior Vice President North America at ThyssenKrupp Materials NA (formerly Acciai Speciali Terni (AST)). In that role, he helped re-launch AST’s brand in North America focusing on premium anti-fingerprint and other surface critical applications.

He began his career as a buyer for Fullerton Metals. In 1993, he transitioned to sales at Outokumpu (formerly ThyssenKrupp Stainless), Mexico’s sole manufacturer of stainless steel cold rolled flat products. There, he advanced through business development roles with increasing responsibility and was named National Sales Director in 2008. During his tenure, Outokumpu became the largest importer of stainless steel products into the U.S., and the recognized industry leader serving residential appliance and commercial food service equipment manufacturers.

“Specialty metals flat products currently represent our fastest growing business segment and a critical element of our long-term growth strategy”, said Andy Markowitz, President – Specialty Metals at Olympic Steel. “Steve’s commercial experience and proven success in business development make him a valuable addition to our specialty metals management team. We look forward to his contributions as we work to expand our client base and market participation.”

Wasil earned an Executive Master of Business Administration degree from the University of Notre Dame in South Bend, Indiana and a Bachelor of Science degree in general studies with a focus on political science from Northwestern University in Evanston, Illinois. Wasil is based at Olympic Steel’s Winder, Georgia facility and will report to Mr. Markowitz.

About Olympic Steel

Founded in 1954, Olympic Steel is a leading U.S. metals service center focused on the direct sale and distribution of large volumes of processed carbon, coated and stainless flat-rolled sheet, coil and plate steel and aluminum products. The Company’s CTI subsidiary is a leading distributor of steel tubing, bar, pipe, valves and fittings, and fabricates pressure parts for the electric utility industry. Headquartered in Cleveland, Ohio, Olympic Steel operates from 32 facilities in North America.

For additional information, please visit the Company’s website at www.olysteel.com or www.b2i.us/profiles/investor/ContactUs.asp?BzID=2195

IR Contact:
Matthew J. Dennis, CFA
Olympic Steel Investor Relations
(216) 672-0522

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