IRVING, Texas, May 29 /PRNewswire-FirstCall/ -- Commercial Metals Company
(NYSE: CMC) announced today that David M. Sudbury, Senior Vice President,
Secretary & General Counsel, has announced his intent to retire at the end of
CMC's 2009 fiscal year on August 31, 2009. Sudbury, age 63, has served as
General Counsel and Secretary since 1976, Vice President since 1981 and was
elected Senior Vice President in 2007. Over his 33 year career with CMC,
Sudbury has been and remains active in numerous professional and civic
organizations.
Commenting on the decision, Mr. Sudbury said, "It is an appropriate and
timely change for both me and the Company. I am delighted to have been a part
of the growth of CMC over the past 33 years and want to express my
appreciation to the current and past outstanding management teams and
directors with which I have had the pleasure of working. CMC has an orderly
succession plan in place for all senior officers, and I look forward to
assisting with that transition."
Murray McClean, Chairman of the Board, Chief Executive Officer and
President, said, "CMC is fortunate to have had David as a key member of our
management team for over three decades, and I am pleased that he has agreed to
continue consulting work for the Company following his retirement. David has
provided insightful and wise counsel to the Company having worked closely with
numerous officers and managers to successfully address a broad spectrum of
legal matters. His key role in CMC's many acquisitions over the course of his
career is especially noteworthy. I am also pleased that CMC's Deputy General
Counsel and Assistant Secretary Ann Bruder will step into a larger role with
increased responsibility for the management of the law department as David
transitions toward retirement."
Commercial Metals Company and subsidiaries manufacture, recycle and market
steel and metal products, related materials and services through a network
including steel minimills, steel fabrication and processing plants,
construction-related product warehouses, a copper tube mill, metal recycling
facilities and marketing and distribution offices in the United States and in
strategic overseas markets.
SOURCE: Commercial Metals Company
CONTACT: Debbie Okle, Director, Public Relations of Commercial Metals
Company, +1-214-689-4354
Web Site: http://www.cmc.com
