Commercial Metals Company (CMC)

53.70 -0.75 (-1.38%) At close: 04:00PM EDT

Commercial Metals Company

6565 N. MacArthur Blvd.
Suite 800
Irving, TX 75039
United States
214-689-4300
https://www.cmc.com

Sector(s): Basic Materials
Industry: Steel
Full Time Employees: 13,022

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Peter R. Matt	CEO, President & Director	1.06M	N/A	1963
Mr. Paul J. Lawrence	Senior VP & CFO	1.4M	N/A	1970
Mr. Ty L. Garrison	Senior Vice President of Operational & Commercial Excellence	1.3M	N/A	1971
Ms. Jody K. Absher	Senior VP, Chief Legal Officer & Corporate Secretary	1.02M	N/A	1977
Ms. Jennifer J. Durbin	Senior VP, Chief Human Resources & Communications Officer	1.02M	N/A	1981
Ms. Lindsay L. Sloan	VP & Chief Accounting Officer	N/A	N/A	N/A
Mr. Chris Westrick	Vice President of Strategy, Sustainability & Government Affairs	N/A	N/A	N/A
Mr. Michael Doucet	Senior Vice President of Emerging Businesses Group	N/A	N/A	1973
Mr. Stephen W. Simpson	Senior Vice President of North America Steel Group	N/A	N/A	N/A

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. It operates through two segments, North America and Europe. The company processes and sells ferrous and nonferrous scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers. It also manufactures and sells finished long steel products, including reinforcing bar, merchant bar, light structural, and other special sections, as well as semi-finished billets for rerolling and forging applications. In addition, the company provides fabricated rebar used to reinforce concrete primarily in the construction of commercial and non-commercial buildings, hospitals, convention centers, industrial plants, power plants, highways, bridges, arenas, stadiums, and dams; sells and rents construction-related products and equipment to concrete installers and other businesses; and manufactures and sells strength bars for the truck trailer industry, special bar steels for the energy market, and armor plates for military vehicles. Further, it manufactures rebars, merchant bars, and wire rods; and sells fabricated rebars, wire meshes, fabricated meshes, assembled rebar cages, and other fabricated rebar by-products to fabricators, manufacturers, distributors, and construction companies. The company was founded in 1915 and is headquartered in Irving, Texas.

Corporate Governance

Commercial Metals Company’s ISS Governance QualityScore as of April 1, 2024 is 2. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 4; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.