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Olympic Steel Names William Zielinski President and Chief Operating Officer for Its Chicago Tube and Iron Subsidiary

January 2, 2020 GMT

CLEVELAND--(BUSINESS WIRE)--Jan 2, 2020--

Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, announced that effective January 1, William (Bill) Zielinski assumed the role of President, in addition to his existing responsibilities as Chief Operating Officer (COO) for Chicago Tube and Iron (CTI), an Olympic Steel subsidiary.

As President and COO, Mr. Zielinski will lead the business strategy and day-to-day operations of Chicago Tube and Iron. He succeeds Dr. Donald (Don) R. McNeeley as President. As part of a carefully planned succession, Dr. McNeeley will continue with the Company and serve as Chairman of CTI.

“It has been my privilege to lead this organization and play a role in developing the next generation of exceptionally talented leaders at CTI,” said McNeeley. “Bill is one of those talents, and I am confident he will lead the organization to achieve great success, building on the strong history of Chicago Tube and Iron.”

“Don is a long-time educator and leader, and we have learned a great deal from him and benefited from his guidance and perspective as a member of our leadership team,” said Richard T. Marabito, Olympic Steel’s Chief Executive Officer. “CTI’s positive culture and consistent years of profitability are a testament to Don’s leadership. He and Bill have partnered closely on this succession plan, providing for a smooth transition in leadership.”

Mr. Zielinski began his metals industry career in 1979, holding various sales leadership positions with Bliss and Laughlin Steel. He joined Chicago Tube and Iron in 1992 as a Product Manager before progressing to Inside Sales Manager, General Manager, Vice President – Eastern Region and Vice President – Marketing. He assumed the role of Executive Vice President and Chief Operating Officer in 2016.

“Bill’s extensive industry experience and pipe and tube expertise, in particular, will ensure continuation of the strong performance we have seen from this segment of our business,” said Marabito. “He is an effective and well-respected leader, both in the industry and at Olympic Steel.”

Mr. Zielinski earned his Bachelor of Science Degree in Finance from Northern Illinois University and his Masters of Business Administration in Marketing from Loyola University. He is a graduate of the Metals Service Center Institute’s (MSCI) Management Program at Ohio State University and Executive Leadership Program at Texas A&M University. Mr. Zielinski serves on the Board of Directors for the American Supply Association’s Industrial Pipe Division and its Education Foundation.

About Olympic Steel

Founded in 1954, Olympic Steel is a leading U.S. metals service center focused on the direct sale of processed carbon, coated and stainless flat-rolled sheet, coil and plate steel, aluminum, tin plate, and metal-intensive branded products. The Company’s CTI subsidiary is a leading distributor of steel tubing, bar, pipe, valves and fittings, and fabricates pressure parts for the electric utility industry. Headquartered in Cleveland, Ohio, Olympic Steel operates from 30 facilities in North America.

For additional information, please visit the Company’s website at www.olysteel.com or https://olysteel.irpass.com/Contact_Us?BzID=2195

View source version on businesswire.com:https://www.businesswire.com/news/home/20200102005261/en/

CONTACT: Richard A. Manson

Chief Financial Officer

ir@olysteel.com

(216) 672-0522

KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS OHIO

INDUSTRY KEYWORD: UTILITIES OTHER CONSTRUCTION & PROPERTY MANUFACTURING ENERGY CONSTRUCTION & PROPERTY OTHER MANUFACTURING STEEL

SOURCE: Olympic Steel, Inc.

Copyright Business Wire 2020.

PUB: 01/02/2020 08:00 AM/DISC: 01/02/2020 08:00 AM

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