Algoma Steel Inc. has appointed Michael McQuade as chief executive officer of the company. McQuade, who is currently a director of Algoma, has more than 35 years of steel industry experience in a number of senior leadership positions.
Prior to becoming a director of Algoma in 2018, McQuade gained more than 35 years of progressive experience at Stelco Inc., a Canadian steelmaker, where he held a variety of roles in finance, accounting, operations, and sales. McQuade became chief financial officer of Stelco in 2010 and its president in 2014. Michael McQuade holds a bachelor of mathematics degree as well as the CPA, CMA and Chartered director designations.
McQuade succeeds Kalyan Ghosh, who served as chief executive officer prior to and during the successful restructuring of Algoma’s business in 2018 and has resigned from the company to pursue other opportunities.
Published in the April 2019 Edition