Company News

Egnot Retires as President of McDonald Steel

MCDONALD, Ohio — After an 11-year legacy that includes expansions, increased share value and a scholarship for STEM students, A. Timothy Egnot is retiring  as president and COO of McDonald Steel Corp.

The company announced that Jack Mazur will take the position of president and chief operating officer effective July 1. Mazur has been vice president of the company since 2005.

“Mr. Mazur brings a wealth of experience to these jobs having held sales and marketing management positions,” the company said in an announcement. Mazur has previously worked with Bethlehem Steel Corp., Johnstown Corp., Gautier Steel Ltd. and ASKO Inc.

After his retirement, Egnot will keep his position on the board of directors and executive committee. In the 11 years with Egnot at the helm, the value of McDonald Steel shares increased 161% and the company added a billet reheating furnace and office building.

The company also established an endowed scholarship for students in the College of Science, Technology, Engineering and Mathematics at Youngstown State University.

McDonald Steel is equipped to produce more than 500 rolled steel shapes, both symmetrical and asymmetrical, for use in forging, casting, extruding, cold drawing or machining.

Pictured above: A. Timothy Egnot is retiring after serving as president and COO of McDonald Steel Corp. since 2007.

Copyright 2019 The Business Journal, Youngstown, Ohio.