the Company in 1986, Mr. Mollins was employed by certain of the Company's
competitors in various sales and sales management positions.
WILLIAM I. RUMER has been a director of the Company since 1957. Mr. Rumer
retired from Allied Aerospace where he was an aerospace engineer from 1961 to
1985. Mr. Rumer is a member of the Compensation and Stock Option Committee.
Directors Whose Terms Continue Until 2001
DOUGLAS M. HAYES became a director of the Company in September 1997. Mr.
Hayes retired from Donaldson, Lufkin & Jenrette Securities Corporation ("DLJ"),
where he was Managing Director of Investment Banking from 1986 to May 1997,
after which he established his own investment banking firm, Hayes Capital
Corporation, located in Los Angeles, California. DLJ was an underwriter in the
1997 public equity offering of the Company and was also the underwriter in the
Company's initial public offering in 1994. Mr. Hayes is also chairman of the
board of directors of Compass Aerospace Corporation, a private company with
publicly traded bonds, where he serves on the Compensation Committee. In
addition, Mr. Hayes is a director of Gametech International, Inc., a public
company, the securities of which are traded over the counter, where he serves on
the Audit Committee and the Compensation Committee.
ROBERT HENIGSON has been a director of the Company since 1964. Mr. Henigson
is a retired attorney, having been a partner of Lawler, Felix & Hall (the
predecessor to Arter & Hadden LLP, the Company's counsel) prior to his
retirement in 1986. Mr. Henigson is a member of the Audit Committee and the
Compensation and Stock Option Committee. Mr. Henigson is also a director of
Scope Industries, a public company listed on the American Stock Exchange.
KARL H. LORING has been a director of the Company since 1984. Mr. Loring is
retired, but continues to provide tax consulting services to certain of his
former clients, other than the Company, from time to time. From 1983 to January
1992, Mr. Loring was an officer of Knapp Communications Corporation, a
publishing company. For more than five years prior to his retirement in 1983, he
was a tax partner for Ernst & Whinney. Mr. Loring is a member of the Audit
Committee and the Compensation and Stock Option Committee. Mr. Loring serves as
Chairman of the Audit Committee.
LESLIE A. WAITE has been a director of the Company since 1977. Mr. Waite is
an investment advisor and has been a principal of Waite & Associates since its
formation in 1977. Mr. Waite is a member of the Audit Committee and the
Compensation and Stock Option Committee. Mr. Waite serves as Chairman of the
Compensation and Stock Option Committee.
In addition to Messrs. Hannah and Mollins, the following are executive
officers of the Company.
KARLA R. MCDOWELL became Senior Vice President and Chief Financial Officer
of the Company in February 2000. Ms. McDowell served as Vice President and Chief
Financial Officer of the Company from 1999 to 2000 and was Vice President and
Controller from 1995 to 1999. Ms. McDowell was Corporate Controller from 1992 to
1995. For four years prior to joining the Company, Ms. McDowell, a certified
public accountant, was employed by Ernst & Young in various professional staff
JAMES P. MACBETH became Vice President, Carbon Steel Operations in July
1998. Prior to this time, Mr. MacBeth served as Division Manager of the
Company's Los Angeles Reliance Steel Company division from September 1995 to
June 1998. From December 1991 to September 1995, Mr. MacBeth was Vice President
and Division Manager of Feralloy Reliance Company, L.P., a joint venture owned
50% by the Company. Prior to December 1991, Mr. MacBeth held various sales and
management positions since joining the Company in 1969.
WILLIAM K. SALES, JR. joined the Company as Vice President, Non-Ferrous
Operations in September 1997. From 1981 to 1997, Mr. Sales served in various
sales and management positions with Kaiser Aluminum & Chemical Corp., a producer
of aluminum products and a supplier of the Company.