New Leadership for AK Steel

AK Steel announced today that James L. Wainscott is retiring as President and Chief Executive Officer of AK Steel, effective January 1, 2016. Wainscott will continue to serve as Chairman of the Board of Directors in a non-executive capacity.

Roger K. Newport has been named as the new Chief Executive Officer and will serve as a member of the Board of Directors. Newport began his career with AK Steel in 1985 in the accounting department and advanced through a number of increasingly responsible finance, sales and marketing roles at the corporate headquarters and the company’s Middletown Works.He was named Controller in 2001, and Chief Accounting Officer in 2004. In 2010, he was named Vice President, Business Planning and Development, and, in 2012, Vice President, Finance and Chief Financial Officer in 2012. In 2014 he was named Senior Vice President, Finance and Chief Financial Officer and, in 2015, Executive Vice President, Finance and Chief Financial Officer.