STLD · News · 20260804N

Leadership Transition

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

Theresa E. Wagler will become Steel Dynamics’ President and Chief Executive Officer effective January 1, 2027. Mark D. Millett will transition from CEO to Executive Chairman on the same date following a comprehensive succession-planning process. Richard A. Poinsatte will succeed Wagler as Executive Vice President and Chief Financial Officer, while additional senior leadership appointments will take effect, including Barry Schneider as Executive Vice President and Chief Technology Officer and new leaders for aluminum and metals recycling, construction products, and flat rolled steel operations.

Key facts

• Theresa E. Wagler will become Steel Dynamics' President and Chief Executive Officer effective January 1, 2027, with Mark D. Millett transitioning to Executive Chairman. source
• Richard A. Poinsatte will become Executive Vice President and Chief Financial Officer, succeeding Theresa Wagler. source
• Theresa Wagler, currently EVP and CFO, will become President and CEO effective January 1, 2027, and Mark Millett will transition to Executive Chairman and retire from his CEO role. source
• Fort Wayne Business Weekly reported the leadership changes are effective January 1, with Richard A. Poinsatte succeeding Wagler as executive vice president and CFO and other strategic leadership appointments set to take effect on September 1. source
• Steel Dynamics announced that several other senior leadership appointments and changes were made to support long-term growth and talent development. source