O’Neal Creates New Position To Oversee Financial Reporting

New Corporate Position
20 April 2010
For Immediate Release

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BIRMINGHAM, AL — Suzanne Lane has been hired as Director of Financial Reporting at O’Neal Industries, the holding company of O’Neal Steel, Inc. and its eight affiliates. In her new role, Lane will be responsible for all holding-company-level financial reporting and analysis. In addition, the O’Neal Industries Payroll Department will report to her.

Lane was most recently Director of Hedge Fund Valuation and Analysis for Harbert  Management Corporation. She is a Certified Public Accountant, has held various corporate accounting positions, and worked as Senior Audit Manager with the Birmingham office of Deloitte & Touche, LLP.

A graduate of Samford University with a Bachelor of Science degree in accounting, Lane is a member of the American Institute of CPAs and the Alabama Society of CPAs. She has served on the Junior Board of Directors of the YWCA of Central Alabama and was Campaign Chair for Deloitte’s Pacesetter United Way effort.

O’Neal Steel, Inc. is the nation’s largest family-owned metals service center with sales of approximately $1.7 billion in 2009. The company’s Industrial Metals Group (IMG) and HighPerformance Metals Group (HPMG) consist of nine leading brands working cooperatively to provide added value to customers in diverse markets throughout the world. O’Neal is headquartered in Birmingham, Alabama and has more than 80 locations in North America, Europe, and Asia.

For more information, contact Shirley Fagan at 205-599-8272 or sfagan@onealsteel.com