August 2, 2022

Schnitzer Steel

Schnitzer Steel Industries' Board of Directors appointed Richard Peach, the company's executive vice president, chief financial officer and chief strategy officer, to serve as the company's executive vice president and chief strategy officer, with expansion of scope and responsibility. Peach has served as Schnitzer's CFO since 2007. Prior to joining Schnitzer in 2007, Peach was CFO at PacifiCorp, an energy utility in the Western United States. The board also appointed Stefano Gaggini, the company's vice president, deputy chief financial officer, and chief accounting officer, to serve as the company's senior vice president and chief financial officer. Gaggini has served in his current position since September 2018, and has been the company's principal accounting officer since December 2013. Gaggini is licensed as a Certified Public Accountant in the state of Oregon and prior to joining the company in 2011 worked for KPMG, a public accounting firm, in Portland and Zurich, Switzerland. Additionally, the board appointed Mark Schuessler, the company's vice president, accounting and reporting, to serve as the company's vice president and chief accounting officer. Schuessler has served in his current position since April 2021 after holding various roles in the company's SEC Reporting and Technical Accounting department. Prior to joining the company in November 2011, Schuessler was an audit manager at Perkins & Co. He is licensed as a Certified Public Accountant in the state of Oregon. The new appointments are effective September 1, 2022. Schnitzer Steel is a manufacturer and exporter of recycled metal products, with operating facilities located in 25 states, Puerto Rico, and Western Canada. The Portland-based company began operations in 1906.