Commercial Metals Company (NYSE:CMC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item5.02

On June21, 2017 the Board of Directors of Commercial Metals
Company (the Company) announced that effective September1, 2017,
Barbara Smith will assume the role of President and Chief
Executive Officer of the Company and will become a member of the
board of directors. Ms.Smith joined the Company in May 2011 as
Senior Vice President and Chief Financial Officer, and was
appointed Chief Operating Officer in January 2016 and President
and Chief Operating Officer in January 2017. Prior to joining the
Company, Ms.Smith served as Vice President and Chief Financial
Officer of Gerdau Ameristeel Corporation, a mini-mill steel
producer. Her experience also includes more than 20 years with
Alcoa in various leadership roles across a variety of Alcoas
businesses.

Joe Alvarado will continue to serve the Company as Chief
Executive Officer through August31, 2017 and will continue to
serve as Chairman of the Board through the Companys annual
meeting of stockholders on January10, 2018.

There are no arrangements or understandings between Ms.Smith and
any other persons to which Ms.Smith was named President and Chief
Executive Officer of the Company or appointed as a member of the
board of directors. Ms.Smith does not have any family
relationship with any of the Companys directors or executive
officers or any persons nominated or chosen by the Company to be
a director or executive officer. Ms.Smith does not have any
direct or indirect material interest in any transaction or
proposed transaction required to be reported under Item404(a) of
Regulation S-K or Item5.02(c) of Form 8-K. Ms.Smith is not
expected to be appointed to any committees of the board of
directors at this time.

On June26, 2017, the Company issued a press release (the Press
Release) announcing that effective September1, 2017, Ms.Smith
will assume the role of President and Chief Executive Officer of
the Company and become a member of the board of directors. A copy
of the Press Release is attached hereto as Exhibit 99.1.

The information in this Item7.01 of Form 8-K, including Exhibit
99.1, shall not be deemed filed for purposes of Section18 of the
Securities Exchange Act of 1934, as amended, and is not
incorporated by reference into any filing of the Company, whether
made before or after the date hereof, regardless of any general
incorporation language in such filing.

The following exhibit is furnished with this Form 8-K.

COMMERCIAL METALS CO Exhibit
EX-99.1 2 d409048dex991.htm EX-99.1 EX-99.1 Exhibit 99.1    COMMERCIAL METALS COMPANY ANNOUNCES PROMOTION OF SMITH TO PRESIDENT AND CHIEF EXECUTIVE OFFICER Irving,…
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About Commercial Metals Company (NYSE:CMC)

Commercial Metals Company, together with its subsidiaries, manufactures, recycles and markets steel and metal products, related materials and services through a network. The Company’s Americas Recycling segment processes scrap metals for use as a raw material by manufacturers of new metal products. The Americas Mills segment consists of steel mills, commonly referred to as minimills that produce reinforcing bar (rebar), angles, flats and rounds. Its Americas Fabrication segment consists of its steel fabrication facilities that bend, weld, cut and fabricate steel, primarily rebar. Its International Mill segment consists of its mill, recycling and fabrication operations located in Poland. Its International Marketing and Distribution segment includes international operations for the sales, distribution and processing of primary and secondary metals, fabricated metals, semi-finished, long and flat steel products, and other industrial products.