Michael Garcia, the Company’s Chief Executive Officer, will retire from Algoma Steel (ASTL) at the end of this calendar year after successfully leading the Company through a period of major transformation. In late 2024, Mr. Garcia informed the Board of Directors that he was considering retirement, at which time the Board initiated a comprehensive succession planning process to ensure a smooth transition of leadership.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ASTL:
- Algoma Steel options imply 17.7% move in share price post-earnings
- Algoma Steel to Release Q3 2025 Financial Results
- Algoma Steel price target raised to C$11.50 from C$10.75 at Stifel
- Berkshire to acquire OxyChem, OpenAI reaches $500B valuation: Morning Buzz
- Algoma Steel price target lowered to C$6 from C$8 at RBC Capital