EXHIBIT 99.1
Published on
Exhibit 99.1
Reliance Steel & Aluminum Co. Announces New Board Member
LOS ANGELES--(BUSINESS WIRE)--Jan. 5, 2006--Reliance Steel & Aluminum Co.
(NYSE:RS) announced today that Richard J. Slater, 59, has joined its Board of
Directors effective January 1, 2006. Mr. Slater is the President and a director
of ORBIS L.L.C., an investment and advisory firm, and is an advisor to the
Chairman and Chief Executive Officer of Jacobs Engineering Group, Inc., a New
York Stock Exchange-listed company that provides global technical professional
services. Mr. Slater served in various positions with Jacobs Engineering Group
from 1980-2003, most recently as Executive Vice President of Worldwide
Operations. Mr. Slater received a degree in Civil Engineering from the
University of Aston in the United Kingdom. An independent search firm was
engaged by the members of the Nominating and Governance Committee of Reliance's
Board of Directors to fill a vacancy on the Board, which resulted in the
appointment of Mr. Slater.
Reliance Steel & Aluminum Co., headquartered in Los Angeles, is one of the
largest metals service center companies in the United States. Through a network
of more than 100 locations in 31 states and Belgium and South Korea, the Company
provides value-added metals processing services and distributes a full line of
over 90,000 metal products. These products include galvanized, hot-rolled and
cold-finished steel; stainless steel; aluminum; brass; copper; titanium; and
alloy steel sold to more than 95,000 customers in various industries.
Reliance Steel & Aluminum Co.'s press releases and additional information
are available on the Company's web site at www.rsac.com. The Company was named
to the 2006 Forbes Platinum 400 List of America's Best Big Companies and was
also named as one of "America's Most Admired Companies" listed in the
diversified wholesaler's category in the March 7, 2005, issue of Fortune. This
release may contain forward-looking statements relating to future financial
results. Actual results may differ materially as a result of factors over which
Reliance Steel & Aluminum Co. has no control. These risk factors and additional
information are included in the Company's reports on file with the Securities
and Exchange Commission.
CONTACT: Reliance Steel & Aluminum Co.
Kim P. Feazle
Investor Relations
713-610-9937
213-576-2428
kfeazle@rsac.com
investor@rsac.com