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December 14, 2001

Schnitzer Steel Industries

Leonard Schnitzer will retire as CEO of Schnitzer Steel Industries effective Jan. 1. He will remain chairman of the board of directors. Schnitzer has served the Portland business for 55 years serving as board chairman since 1971 and CEO since 1973. Robert W. Phillip, president of the company, will assume the additional duties of CEO. Schnitzer Steel is a recycler of ferrous metals and manufacturer of finished steel products.




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