Olympic Steel Announces Promotion of Thomas Sacco to Regional Vice President

CLEVELAND--(BUSINESS WIRE)-- Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, announced the promotion of Thomas J. Sacco to Regional Vice President.

Sacco joined Olympic Steel in 1994 and started his career in operations before transitioning to the commercial group. He progressed through several roles with increasing responsibility including Inside and Outside Sales Representative, and Divisional Sales and Logistics Manager, before being promoted to Regional Sales Manager in 2013.

Sacco was promoted again in 2016 to his most recent position as General Manager, Minnesota Coil Division. In his new role, Sacco will retain his current responsibility as the General Manager for Minnesota Coil and he will assume oversight responsibility for the Minnesota Plate operations with the General Manager of Minnesota Plate reporting directly to him. In addition, he will also oversee the Company’s warehouse facility in Quincy, Washington.

“Tom’s proven industry knowledge and his history of success in diversified roles - from operations to business development - has prepared him to take on this expanded role,” said John Mooney, President and Chief Operating Officer, Flat Rolled. “We look forward to his leadership, as we continue to grow shipments and enhance operating efficiencies at our Minnesota operations.”

Sacco is a Marine Corps and Gulf War veteran. He is also the former President of the Metal Service Center Institute’s Northwest Chapter and a member of the Precision Metalforming Association and the Association of Women in the Metal Industries. In his new position, Sacco will report to Mooney.

About Olympic Steel

Founded in 1954, Olympic Steel is a leading U.S. metals service center focused on the direct sale and distribution of large volumes of processed carbon, coated and stainless flat-rolled sheet, coil and plate steel and aluminum products. The Company’s CTI subsidiary is a leading distributor of steel tubing, bar, pipe, valves and fittings, and fabricates pressure parts for the electric utility industry. Headquartered in Cleveland, Ohio, Olympic Steel operates from 30 facilities in North America.

For additional information, please visit the Company’s website at www.olysteel.com or http://ir.olysteel.com/Contact_Us?BzID=2195

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Olympic Steel Investor Relations
Matthew J. Dennis, CFA, 216-672-0522

Source: Olympic Steel Inc.