HAMILTON, ON, March 8 /CNW/ - Stelco Inc. (TSX:STE) is pleased to announce the appointment of Derek G. Pannell as a director of Stelco.
Mr. Pannell is a metallurgical engineer with over 35 years of experience in the mining and metals industry. Mr. Pannell was the Chief Executive Officer of Noranda Inc. and Falconbridge Limited from June 2002 to October 2006. Currently, Mr. Pannell is a managing partner of Brookfield Asset Management Ltd. and a director of Teck Cominco Ltd.
Courtney Pratt, the Chairman of Stelco, commented: "We welcome Derek to Stelco and the Board looks forward to benefiting from his considerable experience."
Stelco regrets to announce that D. Anthony (Tony) Molluso, a former director of Stelco, passed away earlier this year. Mr. Molluso made a valued contribution to Stelco's board of directors and will be missed by his colleagues and friends at Stelco.
About Stelco
Stelco is one of Canada's largest steel companies. It is focused on its two Ontario-based integrated steel businesses located in Hamilton and in Nanticoke. These operations produce high quality value-added hot rolled, cold rolled, coated sheet and bar products. To learn more about Stelco and its businesses, please refer to our Web site at www.stelco.com.
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