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Biography PhotoDouglas M. Hayes

Douglas M. Hayes became a director of Reliance in September 1997. From 1986 to his retirement in February 1997, he was managing director of investment banking at Donaldson, Lufkin & Jenrette Securities Corporation, which was the underwriter in our initial public offering in 1994, and an underwriter in our 1997 public equity offering. After his retirement, Mr. Hayes established his own investment firm, Hayes Capital Corporation. Mr. Hayes serves as a member of our Audit Committee, Compensation Committee and Nominating and Governance Committee. He is also a director of Circor International, Inc., a public company listed on the NYSE.