David Hannah - Reliance Steel Executive Chairman

RS Stock  USD 323.08  3.81  1.19%   

Chairman

Mr. David H. Hannah is Director of Company. He was appointed a director of Reliance in 1992. Mr. Hannah served as Chief Executive Officer of Reliance from January 1999 to May 2015, Chairman of the Board from October 2007 to May 2015, Executive Chairman of the Board from May 2015 to July 2016, and Chairman Emeritus from July 2016 until his retirement in August 2016. Mr. Hannah served as President of Reliance from November 1995 to January 2002. Prior to that, he was Executive Vice President and Chief Financial Officer from 1992 to 1995, Vice President and Chief Financial Officer from 1990 to 1992 and Vice President and Division Manager of the Companys Los Angeles Reliance Steel Company division from 1989 to 1990. Mr. Hannah served as an officer of the Company from 1981 until his retirement in August 2016. For eight years before joining Reliance in 1981, Mr. Hannah was employed in various professional staff positions by Ernst Whinney . As the former Chief Executive Officer of the Company, Mr. Hannah has an indepth knowledge of the Companys operations and its strategic vision. He developed and implemented the Companys merger and acquisition growth strategy that has resulted in over 60 acquisitions since our initial public offering in September 1994. Mr. Hannahs financial background and business management experience enabled him to assess and value potential target companies. Mr. Hannah is well respected within the metals service center industry and by investors, financial institutions and credit rating agencies. He has proven his ability to raise capital for the Company in both debt and equity offerings and effectively led our management team for over 15 years. Mr. Hannah previously served as chairman of the board of directors of the Metals Service Center Institute. since 2016.
Age 68
Tenure 8 years
Address 16100 N. 71st Street, Scottsdale, AZ, United States, 85254
Phone480 564 5700
Webhttps://www.rsac.com

Reliance Steel Management Efficiency

The company has Return on Asset (ROA) of 0.0811 % which means that for every $100 of assets, it generated a profit of $0.0811. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.1385 %, which means that it produced $0.1385 on every 100 dollars invested by current stockholders. Reliance Steel's management efficiency ratios could be used to measure how well Reliance Steel manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Reliance Steel's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.13 in 2024, whereas Return On Capital Employed is likely to drop 0.11 in 2024. At this time, Reliance Steel's Return On Assets are comparatively stable compared to the past year. Asset Turnover is likely to gain to 1.73 in 2024, whereas Other Assets are likely to drop 0.95 in 2024.
Reliance Steel Aluminum reports 1.38 B of total liabilities with total debt to equity ratio (D/E) of 0.27, which may suggest the company is not taking enough advantage from financial leverage. Reliance Steel Aluminum has a current ratio of 3.19, indicating that it is in good position to pay out its debt commitments in time. Note however, debt could still be an excellent tool for Reliance to invest in growth at high rates of return.
Reliance Steel Aluminum Co. operates as a diversified metal solutions provider and the metals service center company in the United States, Canada, and internationally. The company was founded in 19 and is headquartered in Los Angeles, California. Reliance Steel operates under Steel classification in the United States and is traded on New York Stock Exchange. It employs 13700 people. Reliance Steel Aluminum (RS) is traded on New York Stock Exchange in USA. It is located in 16100 N. 71st Street, Scottsdale, AZ, United States, 85254 and employs 15,000 people. Reliance Steel is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Reliance Steel Aluminum Leadership Team

Elected by the shareholders, the Reliance Steel's board of directors comprises two types of representatives: Reliance Steel inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Reliance. The board's role is to monitor Reliance Steel's management team and ensure that shareholders' interests are well served. Reliance Steel's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Reliance Steel's outside directors are responsible for providing unbiased perspectives on the board's policies.
Suzanne Bonner, Chief Information Officer, Vice President
William Smith, Senior Vice President General Counsel, Corporate Secretary
Mark Kaminski, Independent Non-Executive Chairman of the Board
Stephen Koch, Senior Vice President - Operations
Arthur Ajemyan, Chief Financial Officer, Vice President
Michael Hynes, Senior Operations
William Sales, Executive Vice President, Operations
Frank Dellaquila, Independent Director
Karla CPA, CEO President
Andrew Sharkey, Independent Director
Silva Yeghyayan, Vice President - Tax
Brian Yamaguchi, Vice President - Supplier Development
William II, General VP
Jeffrey Durham, Mr. Senior Vice President - Operations
Robert McEvoy, Independent Director
Sean Mollins, Senior Vice President - Operations
John Figueroa, Independent Director
Brenda Miyamoto, Vice President - Corporate Initiatives, Investor Relation Officer
David Hannah, Executive Chairman
David Seeger, Independent Director
Lisa Baldwin, Independent Director
Donald Prebola, Vice President, Health & Human Resources
Douglas Stotlar, Independent Director
James Hoffman, President, Chief Executive Officer, Director
Karen Colonias, Independent Director
Sarah Anderson, Independent Director
Karla Lewis, CFO, Executive Vice President Assistant Corporate Secretary
John Shatkus, Vice President - Internal Audit
Vandy Lupton, Vice Resources
Michael Shanley, Senior Vice President - Operations

Reliance Stock Performance Indicators

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Thematic Opportunities

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Additional Tools for Reliance Stock Analysis

When running Reliance Steel's price analysis, check to measure Reliance Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reliance Steel is operating at the current time. Most of Reliance Steel's value examination focuses on studying past and present price action to predict the probability of Reliance Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Steel's price. Additionally, you may evaluate how the addition of Reliance Steel to your portfolios can decrease your overall portfolio volatility.