Metals
The Board of Directors of Commercial Metals Company (CMC) announced that, as part of the company’s succession plan, the board has appointed Peter R. Matt as president, effective as of April 1, 2023, succeeding Barbara R. Smith who will remain chairman and chief executive officer of the company. Matt will continue to serve on the board of directors of the company, which he joined in June 2020.
Smith, the company’s chairman, president and chief executive officer, stated, “We have every confidence in Peter as he takes on the role and responsibilities of president, and his appointment is part of the company’s succession plan. Peter brings a wealth of financial, strategic and executive managerial experience, and his leadership has been excellent during his tenure on the board of directors.”
Matt has significant experience across a range of manufacturing companies in metals and related industries. Since January 2017, he has served as executive vice president and chief financial officer of Constellium SE, a leading global aluminum fabrication company. Prior to joining Constellium, Matt served as a managing partner for Tumpline Capital, LLC.
Published in the March 2023 Edition
