STLD · News · 20260804N

Management Changes

STEEL DYNAMICS INC · 2026-08-04 · Importance 31 · Surprise 42

Theresa E. Wagler will become Steel Dynamics’ President and Chief Executive Officer on January 1, 2027. Mark D. Millett will transition from CEO to Executive Chairman on the same date following a succession-planning process. Richard A. Poinsatte will succeed Wagler as Executive Vice President and Chief Financial Officer, while additional leadership changes take effect on September 1, 2026.

Key facts

• Amundi increased its stake in Steel Dynamics, Inc. by 36.1% in the first quarter and now owns 331,826 shares valued at $59.7 million. source
• Steel Dynamics' stock gained 2.60% on Tuesday, closing at $265.10, marking the second consecutive day of gains. source
• Institutional investors collectively hold 82.41% of Steel Dynamics, Inc. source
• Analysts maintain a "Moderate Buy" consensus on Steel Dynamics with an average price target of $249.00. source