David Hannah - Reliance Steel Insider

Reliance Steel Aluminum Co -- USA Stock  

USD 88.16  1.50  1.67%

Executive Chairman

Mr. David H. Hannah is Director of Company. He was appointed a director of Reliance in 1992. Mr. Hannah served as Chief Executive Officer of Reliance from January 1999 to May 2015, Chairman of the Board from October 2007 to May 2015, Executive Chairman of the Board from May 2015 to July 2016, and Chairman Emeritus from July 2016 until his retirement in August 2016. Mr. Hannah served as President of Reliance from November 1995 to January 2002. Prior to that, he was Executive Vice President and Chief Financial Officer from 1992 to 1995, Vice President and Chief Financial Officer from 1990 to 1992 and Vice President and Division Manager of the Companys Los Angeles Reliance Steel Company division from 1989 to 1990. Mr. Hannah served as an officer of the Company from 1981 until his retirement in August 2016. For eight years before joining Reliance in 1981, Mr. Hannah was employed in various professional staff positions by Ernst Whinney . As the former Chief Executive Officer of the Company, Mr. Hannah has an indepth knowledge of the Companys operations and its strategic vision. He developed and implemented the Companys merger and acquisition growth strategy that has resulted in over 60 acquisitions since our initial public offering in September 1994. Mr. Hannahs financial background and business management experience enabled him to assess and value potential target companies. Mr. Hannah is well respected within the metals service center industry and by investors, financial institutions and credit rating agencies. He has proven his ability to raise capital for the Company in both debt and equity offerings and effectively led our management team for over 15 years. Mr. Hannah previously served as chairman of the board of directors of the Metals Service Center Institute.
Age: 64  Chairman Since 2016      
213-687-7700  http://www.rsac.com

David Hannah Latest Insider Activity

Management Efficiency

The company has Return on Asset (ROA) of 5.49 % which means that for every $100 of asset it generated profit of $5.49. This is typical in the industry. Likewise, it shows return on total equity (ROE) of 13.99 % which means that it produced $13.99 on every 100 dollars invested by current stockholders.
The company reports 1.9 B of total liabilities with total debt to equity ratio (D/E) of 40.4 which implies that the company may not be able to produce enough cash to satisfy its debt commitments. Reliance Steel Aluminum Co has Current Ratio of 4.25 indicating that it is in good position to pay out its debt commitments in time.

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Entity Summary

Reliance Steel Aluminum Co. operates as a metals service center company in the United States and internationally. Reliance Steel Aluminum Co. was founded in 19 and is headquartered in Los Angeles, California. Reliance Steel operates under Steel classification in USA and traded on New York Stock Exchange. It employs 14900 people.Reliance Steel Aluminum Co (RS) is traded on New York Stock Exchange in USA. It is located in CALIFORNIA, U.S.A and employs 14,900 people. Reliance Steel is listed under Wholesale category by Fama And French industry classification.

Reliance Steel Aluminum Leadership Team

William Smith, President
Mark Kaminski, Director
Robert McEvoy, Director
Leslie Waite, Director, MBA
Sheldon Tenenbaum, President
John Figueroa, Director
Brenda Miyamoto, Executive
Stephen Koch, President
David Hannah, Chairman
Douglas Hayes, Director
Thomas Gimbel, Director
William Sales, EVP
Gregg Mollins, CEO
Douglas Stotlar, Director
James Hoffman, EVP
Andrew Sharkey, Director
Karen Colonias, Director
Sarah Anderson, Director
Karla Lewis, President
Michael Shanley, President

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