Stelco has announced the return of Alan Kestenbaum as the company’s chief executive officer (CEO) starting February 21, 2020.
This will be Kestenbaum’s second stint as Stelco’s CEO, a post that he held before the steelmaker closed down the company’s public offering in February 2019 and made him the executive chairman—a post held by him until recently.
David Cheney, the current CEO will be stepping down from the role and will return to lead Bedrock Industries in his previous position.
Kestenbaum said he was excited to resume his duties as a CEO and continue leading the company through it’s next phase. He, along with other board members of the company jointly thanked Cheney for his leadership and and wished him well for his new role at Bedrock.