Service Centers
January 6, 2020
A.M. Castle Names Marec Edgar CEO
Written by Sandy Williams
A.M. Castle & Co., a global distributor of specialty metal and supply chain services, announced that President Marec Edgar has been named chief executive officer following the retirement of Steve Scheinkman as chairman and CEO. Scheinkman will remain on Castle’s board of directors serving as a senior advisor. Mike Sheehan, currently a director, will assume the role of chairman of the board. The change in leadership is effective as of Jan. 1, 2020
“Marec’s appointment as CEO is the culmination of an intentional, year-long process that our board, including Steve, initiated late in 2018 with Marec’s appointment to president,” said Sheehan. “Since that time, our board has seen Marec and his team drive meaningful improvements to our financial performance, despite a significantly slowing market. Few of our competitors can point to year-over-year improvements like Castle generated in 2019 under Marec’s leadership.”
