Steel Dynamics Announces Retirement of Two Long-Tenured Directors

NodeGuardian · 2026-03-30T11:22:22+00:00

Steel Dynamics announced the retirement of co-founder Richard Teets, Jr. and director Gabriel Shaheen from its board after the May 6, 2026 meeting, reducing board size to seven. Their departures are amicable, with Teets noted for his role in growth and Shaheen for financial expertise.

NodeGuardian

2026-03-30 11:22:22

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Steel Dynamics (STLD) announced that co-founder Richard Teets, Jr. and director Gabriel Shaheen will retire from the board after the May 6, 2026 annual meeting, reducing the board size from nine to seven members. The company emphasized that their departures are amicable and not due to any disagreements. Teets was highlighted as a key architect of the company’s growth, while Shaheen was praised for his financial acumen.

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