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Steel DynamicsRetirement

Theresa E. Wagler to become Steel Dynamics' President and Chief Executive Officer; Mark D. Millett to become Steel Dynamics' Executive Chairman

What happened

Mark D. Millett will retire as CEO of Steel Dynamics, effective January 1, 2027, and will transition to Executive Chairman.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

Senior Leadership Organizational Changes Positioning Steel Dynamics for Long-Term Growth FORT WAYNE, Ind., Aug. 4, 2026 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors unanimously approved that effective January 1, 2027, Theresa E. Wagler will become the company's President and Chief Executive Officer upon Mark D. Millett's concurrent retirement as CEO and transition to Executive Chairman of the board of directors. Ms. Wagler will become a member of the Steel Dynamics' board of directors effective immediately. Today's announcement reflects the culmination of a thoughtful and comprehensive succession planning process and supports continuity as Steel Dynamics continues to advance its strategy as a world leading metals solutions company. "On behalf of the board of directors, I want to thank Mark for his exceptional leadership and contributions to the global industry and to the outstanding company he co-founded over 30 years ago," said Kenneth Cornew, the company's Lead Independent Director. "Under Mark's leadership the company has gone through a period of unprecedented transformational growth, while strengthening Steel Dynamics entrepreneurial culture, strategic positioning, and opportunity for continued long-term success. We are thankful to have him transition into the role of Executive Chairman in the new year. "We...

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Extracted by Autobound

From the Signal API record
Event
Retirement

What this signalsA successor often reviews the vendors the last leader chose.

Person
Mark D. MillettCEO
Takes effect
Jan 1, 2027
Location
Fort Wayne, Indiana, United States

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The full record

From the Signal API record

People

  • Mark D. MillettCEO · Named in the story

Topics and mentions

Job title tags

  • directors

Extraction

Confidence
100%
Detected
Aug 4, 2026
signal_type
news
signal_subtype
retires_from

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/289f27ee-2695-8958-919e-b781d76a2ccf returns this record as JSON. POST /v1/companies/enrich returns every signal for steeldynamics.com.

{
  "signal_id": "289f27ee-2695-8958-919e-b781d76a2ccf",
  "signal_type": "news",
  "signal_subtype": "retires_from",
  "detected_at": "2026-08-04T12:00:00+00:00",
  "company": {
    "name": "Steel Dynamics",
    "domain": "steeldynamics.com"
  },
  "data": {
    "url": "https://www.prnewswire.com/news-releases/theresa-e-wagler-to-become-steel-dynamics-president-and-chief-executive-officer-mark-d-millett-to-become-steel-dynamics-executive-chairman-302842382.html",
    "title": "Theresa E. Wagler to become Steel Dynamics' President and Chief Executive Officer; Mark D. Millett to become Steel Dynamics' Executive Chairman",
    "contact": "Mark D. Millett",
    "excerpt": "Senior Leadership Organizational Changes Positioning Steel Dynamics for Long-Term Growth FORT WAYNE, Ind. , Aug. 4, 2026 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors unanimously approved that effective January 1, 2027, Theresa E. Wagler will become the company's President and Chief Executive Officer upon Mark D. Millett's concurrent retirement as CEO and transition to Executive Chairman of the board of directors. Ms. Wagler will become a member of the Steel Dynamics' board of directors effective immediately. Today's announcement reflects the culmination of a thoughtful and comprehensive succession planning process and supports continuity as Steel Dynamics continues to advance its strategy as a world leading metals solutions company. \"On behalf of the board of directors, I want to thank Mark for his exceptional leadership and contributions to the global industry and to the outstanding company he co-founded over 30 years ago,\" said Kenneth Cornew, the company's Lead Independent Director. \"Under Mark's leadership the company has gone through a period of unprecedented transformational growth, while strengthening Steel Dynamics entrepreneurial culture, strategic positioning, and opportunity for continued long-term success. We are thankful to have him transition into the role of Executive Chairman in the new year. \"We...",
    "summary": "Mark D. Millett will retire as CEO of Steel Dynamics, effective January 1, 2027, and will transition to Executive Chairman.",
    "location": "Fort Wayne, Indiana, USA",
    "planning": true,
    "image_url": "https://mmx.prnewswire.com/media/MS595643/Steel-Dynamics-Logo.jpg?id=OA2823768&p=facebook",
    "job_title": "CEO",
    "confidence": 1,
    "published_at": "2026-08-04T12:00:00Z",
    "location_data": [
      {
        "city": "Fort Wayne",
        "state": "Indiana",
        "region": "Northern America",
        "country": "United States",
        "continent": "Americas",
        "fuzzy_match": false
      }
    ],
    "effective_date": "2027-01-01",
    "job_title_tags": [
      "directors"
    ],
    "article_sentence": "Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors unanimously approved that effective January 1, 2027, Theresa E. Wagler will become the company's President and Chief Executive Officer upon Mark D. Millett's concurrent retirement as CEO and transition to Executive Chairman of the board of directors."
  }
}

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