BNET Industries

Olympic Steel Inc.

(ZEUS) is in the Manufacturing Industry

Market Cap:$340.5M
Last Fiscal Year Sales:$1.2B
  • Public
  • US
Dow Jones Description

Founded in 1954, Olympic Steel is a leading U.S. steel service center focused on the direct sale and distribution of large volumes of processed carbon, coated and stainless flat-rolled sheet, coil and plate steel products. Headquartered in Cleveland, Ohio, the Company operates 16 facilities.

Chairman of the Board and CEO
Michael D. Siegal
Number of Employees 965
Contact Information

5096 Richmond Rd

Cleveland, Ohio 44146-1329

www.olysteel.co...

(216) 292-3800

NAICS Code Steel Foundries (except Investment): 331513

Recent Events

  • Olympic Steel ZEUS Posts Q3 EPS of $0.06, Lower Than Estimates

    10/29/09 - Financial Announcement - View Story

  • Olympic Steel slips to a loss as sales drop 66%

    7/30/09 - Financial Announcement - View Story

News & Analysis

earnings and olympic steel inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
David Wolfort President & Chief Operating Officer
Esther M Potash Chief Information Officer
Heber MacWilliams Chief Information Officer
Richard T. Marabito Chief Financial Officer
David K. Frink Vice President, Automotive
David Lenzi Vice President, Sales & Marketing
John Brieck Regional Vice President, Southern Region
Ray Walker Vice President Eastern Region
Steve Mallory Vice President, Central Region
Dan Shepard General Manager, North and South Carolina Operations
Joe Campion General Manager
John Mooney General Manager
Kirk Casey General Manager
Michael Cedoz General Manager
Michael O'Hara General Manager
Rudi Tanck General Manager
Howard Goldstein Managing Director of Mallah Furman
Ralph M. Della Ratta Founder and Managing Director
Brian Rolf Operations Manager
Dan Kowalski Operations Manager
Dan Redding Operations Manager
Dan Springer Operations Manager
Dave Carter Operations Manager
Jack Crossett Inside Sales Manager
James Miller Operations Manager
Jeff Smith Sales Manager
Jeremy Thiessen Operations Manager
Jill A. Lettl Manager, Communications
Joe Cedor Sales Manager
Marge Bruce Inside Sales Manager
Mary Murphy Regional Sales Manager, Northern Tier, Central Region
Philip Bischof Regional Sales Manager
Russ Edborg Regional Sales Manager Northern Tier
Sean Heenan Regional Sales Manager, Southern Tier Central Region
Steven Young Operations Manager
Terry Rohde Sales Manager
Theodore Dohse Operations Manager
Tina Feraci Regional Sales Manager Southern Tier
Tom Ehlers Inside Sales Manager
Tom Neil Operations Manager
Donald Flynn Regional Controller
Marc Morgenstern Secretary
Richard A. Manson Treasurer
Thomas M. Forman Director

Board of Directors

Name (plus bio) Position
Michael D. Siegal Chairman of the Board and CEO
James B. Meathe Chairman
M Ralph Jr Board of Directors
Martin H. Elrad Board of Directors
Ralph M. Dellaratta Board of Directors

Michael D. Siegal, 54 Chief Executive Officer of the Company since 1984, and Chairman of the Board since 1994. Serves on the following boards: American National Bank (Cleveland, Ohio), University Hospitals-Rainbow Baby’s Committee (Cleveland, OH) and Metals Service Center Institute (“MSCI”). Chairman of the Development Corporation for Israel.

Organization Position Status
Olympic Steel Inc. Chairman of the Board and CEO Current
Development Corp. Vice Chairman Current
Olympic Steel Inc. President Former
Israel Bonds National Chairman Former
Olympic Steel Inc. Director Former

David A. Wolfort, 56 President since January 2001 and Chief Operating Officer of the Company since 1995. He serves as a Director of the Metals Service Center Institute ("MSCI"). He is past Chairman of the MSCI Political Action Committee and past Chairman of the MSCI’s Government Affairs Committee, a Regional Board Member of the Northern Ohio Anti-Defamation League, and Trustee of Ohio University and Musical Arts Association (Cleveland Orchestra).

Organization Position Status
Olympic Steel Inc. President & Chief Operating Officer Current
Olympic Steel Inc. Director Current
Olympic Steel Inc. Vice President, Commercial Former
Olympic Steel Inc. General Manager Former

Esther M. Potash, age 57, has served as our Chief Information Officer since April 2007, and has been employed by us in various positions since 1998. Prior to joining us, Ms. Potash spent 13 years as a management consultant with a public accounting firm and six years as an analyst with the United States Navy. Ms. Potash is a member of the Association of Women in the Metal Industries.

Organization Position Status
Olympic Steel Inc. Chief Information Officer Current

Organization Position Status
Olympic Steel Inc. Chief Information Officer Current

Organization Position Status
Olympic Laser Processing, LLC CFO Current
Olympic Steel Inc. Chief Financial Officer Current
Make-A-Wish Foundation Board Member Current
Olympic Steel Inc. Corporate Controller Former
Waxman Industries, Inc. Corporate Controller Former
Olympic Steel Inc. Treasurer Former

Organization Position Status
Olympic Steel Inc. Vice President, Automotive Current

Organization Position Status
Olympic Steel Inc. Vice President, Sales & Marketing Current

Organization Position Status
Olympic Steel Inc. Regional Vice President, Southern Region Current
Olympic Steel Inc. General Manager Former
Olympic Steel Inc. Manager Former

Organization Position Status
Olympic Steel Inc. Vice President Eastern Region Current

Organization Position Status
Olympic Steel Inc. Vice President, Central Region Current

Organization Position Status
Olympic Steel Inc. General Manager, North and South Carolina Operations Current
Olympic Steel Inc. Fabrication Manager Former

Organization Position Status
Olympic Steel Inc. General Manager Current
Olympic Steel Inc. Manager Current

Organization Position Status
Olympic Steel Inc. General Manager Current

Organization Position Status
Olympic Steel Inc. General Manager Current
Olympic Steel Inc. Manager Current

Organization Position Status
Olympic Steel Inc. General Manager Current

Organization Position Status
Olympic Steel Inc. General Manager Current
Olympic Steel Inc. Manager Current

Organization Position Status
Olympic Steel Inc. General Manager Current

Organization Position Status
Israel Bonds Managing Director of The Miami Current
Olympic Steel Inc. Managing Director of Mallah Furman Current
Mallah Furman & Company Managing Director Current
Olympic Steel Inc. Audit Committee Chairman Current
Hillel Council Board of Directors Current
Olympic Steel Inc. Director Current
Aipac Board of Directors Current
American Institute of Certified Public Accountants Member Current
The Firm LLC Managing Director Former
Mallah Furman & Company Senior Partner Former
Mallah Furman & Company Professional, Business and Personal Services Former
Eco-Nomics, Inc. Bachelor of Science In Accounting Former
Rutgers University Bachelor of Science in Accounting and Economics Former

Organization Position Status
Western Reserve Partners LLC Managing Director Current
Olympic Steel Inc. Founder and Managing Director Current
Western Reserve Partners LLC Founder Current
Business Volunteer's Unlimited Board of Directors Current
Olympic Steel Inc. Director Current
Western Reserve Partners LLC Board of Directors Current
Hyland Software, Inc. Director Current
McDonald Investments Inc. Senior Managing Director Former
McDonald Investments Inc. Manager Former
Bank One Corp Former
American Graduate School of International Management Masters In Business Administration Former
Duke University B.A. Former

Organization Position Status
Olympic Steel Inc. Operations Manager Current

Organization Position Status
Olympic Steel Inc. Operations Manager Current

Organization Position Status
Olympic Steel Inc. Operations Manager Current

Organization Position Status
Olympic Steel Inc. Operations Manager Current

Organization Position Status
Olympic Steel Inc. Operations Manager Current

Organization Position Status
Olympic Steel Inc. Inside Sales Manager Current
Olympic Steel Inc. Sales Executive Current

Organization Position Status
Olympic Steel Inc. Operations Manager Current

Organization Position Status
Olympic Steel Inc. Sales Manager Current

Organization Position Status
Olympic Steel Inc. Operations Manager Current

Organization Position Status
Olympic Steel Inc. Manager, Communications Current

Organization Position Status
Olympic Steel Inc. Sales Manager Current

Organization Position Status
Olympic Steel Inc. Inside Sales Manager Current

Organization Position Status
Olympic Steel Inc. Regional Sales Manager, Northern Tier, Central Region Current

Organization Position Status
Olympic Steel Inc. Regional Sales Manager Current

Organization Position Status
Olympic Steel Inc. Regional Sales Manager Northern Tier Current
Olympic Steel Inc. Sales Executive Current

Organization Position Status
Olympic Steel Inc. Regional Sales Manager, Southern Tier Central Region Current

Organization Position Status
Olympic Steel Inc. Operations Manager Current

Organization Position Status
Olympic Steel Inc. Sales Manager Current

Organization Position Status
Olympic Steel Inc. Operations Manager Current

Organization Position Status
Olympic Steel Inc. Regional Sales Manager Southern Tier Current

Organization Position Status
Olympic Steel Inc. Inside Sales Manager Current

Organization Position Status
Olympic Steel Inc. Operations Manager Current

Organization Position Status
Olympic Steel Inc. Regional Controller Current

Organization Position Status
C&T Access Ventures Managing Director & Secretary, C&T Access Ventures Current
C&T Access Ventures Co-Founder Current
Olympic Steel Inc. Secretary Current
Cardinalcommerce Director Current
Mr. Gasket Company Director Former
Olympic Steel Inc. Secretary Former
Yale University JD Former
Boston University JD Former

Richard A. Manson, age 40, has served as our Treasurer since January 2003, and has been employed by us since 1996. From 1996 through 2002, he served as Director of Taxes and Risk Management. Prior to joining us, Mr. Manson was employed for seven years by a national accounting firm in its tax department. Mr. Manson is a certified public accountant and is a member of the Ohio Society of Certified Public Accountants and the American Institute of Certified Public Accountants.

Organization Position Status
Olympic Steel Inc. Treasurer Current
Olympic Steel Inc. Treasurer Current
American Institute of Certified Public Accountants Member Current

James B. Meathe, 51 Since 2005, Managing Partner, Walloon Ventures, a real estate development firm. Vice Chairman of Palmer & Cay, Inc. (an insurance and brokerage firm) from 2004 to 2005. Previously served as President and Chief Operating Officer of Palmer & Cay from 2003 to 2004. Managing Director and Chairman Midwest Region of Marsh Inc. (a risk and insurance services firm) from 1999 to 2002. Previously, he served in several senior management positions with Marsh Inc. Previously served on the Board of Directors of Boykin Lodging Company.

Organization Position Status
Olympic Steel Inc. Chairman Current
Olympic Steel Inc. Board of Directors Current
Boykin Lodging Company Board of Directors Former

Organization Position Status
Olympic Steel Inc. Board of Directors Current

Martin H. Elrad, 67. Director; Chariman, Nominating Committee; Member, Audit and Compensation Committees

Organization Position Status
Olympic Steel Inc. Board of Directors Current
Olympic Steel Inc. Nominating Committee Chairman Former

Organization Position Status
Olympic Steel Inc. Board of Directors Current

Organization Position Status
White Dove Mattress Board Member Current
Shaker Consulting Group, Inc Board Member Current
Olympic Steel Inc. Director Current
Jupiter Licensing President Former
Bridgestone/Firestone, Inc. Executive Vice President Former
Bridgestone/Firestone, Inc. Board Member Former
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     ZEUS $31.33 +0.04 (0.13% )
Average Volume 182,257
Shares Outstanding 10.88M
Market Cap 341.0M
Year High 32.5
Year Low 10.44
Earnings Per Share -5.31
P/E Ratio -5.90
Dividend 0.08
Yield 0.26
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