Form 8-K · Current report

Steel Dynamics 8-K, filed Aug 4, 2026

Filed
CIK
0001022671
Accession no.
0001104659-26-090129
AI-generated summary

Summary

Steel Dynamics said Chairman and CEO Mark D. Millett will retire as chief executive effective January 1, 2027 and become Executive Chairman, with Executive Vice President and CFO Theresa E. Wagler succeeding him as President and CEO and Richard A. Poinsatte becoming CFO. The board also made several senior operating appointments effective September 1, 2026, including Barry Schneider moving to Executive Vice President and Chief Technology Officer with oversight of decarbonization strategy.

Key points

  • The board appointed Wagler as a director effective immediately and expanded the board from seven to eight members.
  • Lead Independent Director Kenneth Cornew said the CEO change reflects a succession planning process and cited Wagler's tenure as CFO since 2007 and 28 years at the company.
  • Millett co-founded Steel Dynamics over 30 years ago and said Wagler has earned the confidence of the board and leadership team.
  • Miguel Alvarez, James Anderson and Christopher Graham were named to expanded executive roles overseeing aluminum flat rolled products and metals recycling, construction products operations, and flat rolled steel operations, respectively.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.

Items reported

  • 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
  • 7.01Regulation FD Disclosure
  • 9.01Financial Statements and Exhibits

From the filing

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 3, 2026, Mark D. Millett, Steel Dynamics, Inc.’s (the “Company”) Chairman and Chief Executive Officer gave notice to the Company’s Board of Directors (the “Board”) of his intention to retire as Chief Executive Officer of the Company effective January 1, 2027. The Board has appointed Mr. Millett as the Company’s Executive Chairman concurrently with his retirement as Chief Executive Officer. The Board made the following additional appointments effective January 1, 2027: (i) Theresa E. …

An excerpt of the text as filed with the SEC, cut for length.

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