Metal Exchange Names New CEO

Metal Exchange Corporation (MEC; St. Louis, MO) has promoted Rick Merluzzi to the position of chief executive officer. Mike Lefton, current chairman and chief executive officer, will assume the title of executive chairman. Merluzzi oversees all their businesses, including Metal Exchange Trading, Pennex Aluminum Company, Continental Aluminum and Electro Cycle, Inc.  He joined the company15 years ago as the president of MEC subsidiary, Pennex Aluminum Company, and for the past five years has served as the president and chief operating officer of MEC.

“Much of our success can be attributed to Rick’s outstanding leadership,” said Lefton. “He builds high performing teams internally, and creates valued partnerships externally. He is laser-focused on our vision to become an injury-free company, and has a passion for helping all in the company family reach their fullest potential.” He concluded by saying, “His actions exemplify our Dual Bottom Line philosophy, where the safety, well-being, and fulfillment of everyone within the company are held equal to our financial success. I have extreme confidence in his ability to continue to lead us to new heights, as we continue our quest to impact our world and create raving fans.”

“MEC has an incredible track record of success over its 45-year history. I am humbled and honored to work for this family-owned, people-focused organization, which has a long-term commitment to our industry,” said Merluzzi. “We have grown substantially by focusing on helping our customers achieve success. This impressive growth is a direct result of the hard work and commitment of the many talented people throughout our company who embrace our core values of safety, integrity, respect and drive.”

www.metalexchangecorp.com