Board of Directors
Michelle G. Applebaum
Michelle G. Applebaum has been a director of the Company since September 2014. Ms. Applebaum is currently an NACD Leadership and Governance Fellow. From 2003 to 2014, Ms. Applebaum built one of the first and most successful “independent” equity research advisory boutiques working on a retainer basis with over 100 institutional money managers. From 1981 to 2003, Ms. Applebaum was an equity analyst with Salomon Brothers (later Citigroup) and became ranked number one in steel equity analysis in 1988 and was top-ranked for most of the remainder of her tenure at the firm. She was made a Managing Director in 1994, one of 400 at the firm at that time. While at Salomon Brothers, Ms. Applebaum was part of a team that built and ran the firm’s steel investment banking practice, which was a top advisor to the sector for nearly a decade. Currently, she is the Chair of our Nominating and Governance Committee and a member of our Audit Committee. Ms. Applebaum brings to the Board insight into the Company’s investor base from her nearly four decades of working with value-oriented institutional investors and portfolio managers. She also brings relevant industry experience and insight as well as extensive expertise in financial analysis and corporate finance. Ms. Applebaum has a BA in Economics for Northwestern University and a MBA from Northwestern University Kellogg School of Management.
Michael C. Franson
Michael C. Franson has been a director of the Company since August 2016. Mr. Franson previously served on the Board from 2001 until 2005 and again from 2007 until 2014. In July of 2016, Mr. Franson retired from KPMG Corporate Finance LLC as Managing Director and Global Head of Technology M&A after serving in that role from 2014 to 2016. From 2005 to 2014, Mr. Franson was a co-founder and President of St. Charles Capital LLC, an investment banking firm focused on mergers and acquisitions, raising private capital and providing financial advisory services for middle-market companies across the United States. From 2000 to 2005, Mr. Franson was a Managing Director at The Wallach Company, which was subsequently sold to KeyCorp, the parent of KeyBanc Capital Markets. Currently, he is the Chair of our Compensation Committee, a member of our Audit Committee and a member of our Executive Committee. Mr. Franson brings to the Board his background and expertise in investment banking including substantial experience in financial analysis and financial advisory services, merger and acquisition transactions, and a wide variety of capital raising and financing transactions. Mr. Franson holds a BS in Marketing from California State University at Chico and a MBA in Finance from the University of Oregon, Charles H. Lundquist College of Business.
Keith R. Larson
Keith R. Larson has been a director of the Company since May 2007. Mr. Larson was a Vice President of Intel Corporation and Senior Managing Director of Intel Capital, Intel Corporation’s strategic investment group, until his retirement in April 2019, where he was a voting member of the investment committee and managed the Financial Investments Portfolio, along with other duties. Mr. Larson was appointed Vice President in 2006 and served as a Managing Director of Intel Capital from 2004 to 2018, managing a team of investment professionals focused on identifying, making, and managing strategic investments in the manufacturing, memory and programmable solutions, and the Sports and Bioinformatics vertical sectors. Mr. Larson has previously managed Latin America, Taiwan, Korea, and Japan regions for Intel Capital, and for approximately three months in 2004, Mr. Larson managed the Western Europe and Israel investment team of Intel Capital. From 1999 to 2003, Mr. Larson was a Sector Director managing teams of investment professionals investing in communications, networking, and data storage sectors. Mr. Larson formerly served on the board of regents of a university, and on a state government council, which oversaw approximately $80 billion in investments of various Oregon State agencies and funds including the Oregon Public Employees Retirement Fund. Currently, he is the Chair of our Audit Committee and a member of our Compensation Committee. Mr. Larson brings to the Board his experience as a senior executive in corporate development in a large multinational public company as well as his experience in corporate governance. Mr. Larson attended the UCLA School of Economics and holds a BS in Business Administration, Accounting (Cum Laude) from the University of Southern California.
Scott J. Montross
Scott J. Montross has been a director of the Company since January 2013. Mr. Montross has served as our President and CEO since January 2013, and as our Chief Operating Officer from May 2011 until December 2012. Previously, Mr. Montross served as Executive Vice President, Flat Products Group of EVRAZ North America from March 2010 through April 2011. Mr. Montross served as Vice President, General Manager, EVRAZ North America from February 2007 through February 2010. Prior to his General Manager role, Mr. Montross served as Vice President of Marketing and Sales at Oregon Steel Mills, Inc. from June 2003 through February 2007. From 2002 to 2003, Mr. Montross was a Vice President of Marketing and Sales for National Steel Corporation. Currently, he is a member of our Executive Committee. Mr. Montross brings to the Board his extensive commercial and operational experience in the steel industry. Mr. Montross has a BA from Colgate University.
John T. Paschal
John T. Paschal has been a director of the Company since August 2019. Mr. Paschal is the President of the Temtco Steel Division of Kloeckner Metals Corporation. Mr. Paschal and his late uncle, Bill Taylor of Taylor Machine Works, co-founded Temtco Steel in 1979 with an emphasis on high-strength steel and value added services. Temtco Steel was sold to Kloeckner Metals in 2008. Mr. Paschal graduated from Mississippi State University with a BS in Business Administration in 1981. Currently, he is a member of our Compensation Committee and a member of our Nominating and Governance Committee. Mr. Paschal brings to the Board his extensive experience in the steel industry as well as his executive leadership and business management skills.
Richard A. Roman
Richard A. Roman has been a director of the Company since 2003 and the Chairperson of the Board of Directors since January 2013. Mr. Roman has also served as our CEO from March 2010 until December 2012, and as President from October 2010 until December 2012. Previously, Mr. Roman was the President of Columbia Ventures Corporation, a private investment company which historically has focused principally on the international metals and telecommunications industries. Prior to joining Columbia Ventures Corporation in 1992, Mr. Roman was a partner at Coopers & Lybrand, an independent public accounting firm. Currently, he is a member of our Executive Committee. Mr. Roman brings to the Company his knowledge and experience as a partner at a large national independent public accounting firm as well as his more recent management experience as an executive officer of a private investment company. Mr. Roman received him BA form Grinnell College and a MBA from University of Chicago.
William Yearsley joined the Board of Directors in February of 2020. Mr. Yearsley is a director and interim CEO of Sioux Creek Silica, a limited partner and former operating partner of Lariat Partners Fund One since 2013, an investor and lead outside director at Tri-Arc, LLC, and the primary advisor to an early stage Canadian Company developing new technologies to reduce carbon dioxide emissions from the production of cement. Previously, Mr. Yearsley was the CEO of a publicly traded EPC solar company. From 2007 to 2011, Mr. Yearsley was an endowed professor at the University of Colorado Boulder Department of Civil, Architectural, and Environmental Engineering, and was honored as the top teaching faculty member in 2011. In 1996, Mr. Yearsley co-founded American Civil Constructors and led the company as chairman and CEO until 2007. From 1984 to 1997, Mr. Yearsley was employed by Redland PLC, a FTSE 100 firm traded on the London Stock Exchange, and later in his tenure served as chairman and CEO of the construction materials and non-metallic mining groups. Mr. Yearsley holds a BS in Engineering from Southern Illinois University and a MS in Construction Management and a PhD in Construction Engineering from Colorado State University.