Steel Dynamics Names Wagler CEO as Millett Transitions to Executive Chairman
Event summary
- Theresa E. Wagler will become Steel Dynamics' President and CEO on January 1, 2027, succeeding Mark D. Millett, who transitions to Executive Chairman.
- Richard A. Poinsatte will replace Wagler as CFO effective the same date.
- Barry Schneider assumes a new role as Chief Technology Officer, overseeing decarbonization and technology development.
- Miguel Alvarez expands oversight to include metals recycling operations, while James Anderson takes on steel fabrication.
The big picture
Steel Dynamics' leadership transition reflects a strategic pivot toward technology-driven growth and decarbonization, aligning with broader industry trends toward sustainable metals production. The move underscores the company's commitment to long-term continuity while positioning itself as a leader in circular manufacturing models.
What we're watching
- Leadership Continuity
- How Wagler's deep operational experience will shape Steel Dynamics' strategic direction amid industry shifts.
- Decarbonization Focus
- The pace at which Schneider can advance the company's decarbonization efforts and technology innovation.
- Operational Integration
- Whether the expanded roles of Alvarez and Anderson will enhance cross-platform synergies in recycling and fabrication.