Metallus (NYSE: MTUS) has announced the promotion of Kristopher R. Westbrooks to the position of President and Chief Operating Officer, along with the appointment of John M. Zaranec III as the Executive Vice President and Chief Financial Officer, effective June 16, 2025.
Westbrooks, who previously served as the company's Chief Financial Officer since September 2018, will now oversee Metallus' safety, manufacturing operations, and excellence, as well as the supply chain organizations. His leadership and strategic guidance have been instrumental in the company's growth and balance sheet strength over the past seven years.
Zaranec, with over 20 years of financial experience in the manufacturing and industrial sectors, joins Metallus from Materion Corporation, where he served as Division Chief Financial Officer for the performance materials segment.
Metallus, a premier U.S. producer of alloy steel bars, seamless mechanical tubing, and manufactured components, had sales of $1.1 billion in 2024 and employs approximately 1,880 people.
This transition in leadership positions at Metallus reflects the company's focus on operational excellence, financial strategy, and continued success in delivering value to its shareholders. The market has reacted to these announcements by moving the company's shares -2.25% to a price of $13.05. For more information, read the company's full 8-K submission here.