Commercial Metals Co. selects president

Commercial Metals Co. (CMC) has appointed Peter R. Matt as president, effective April 1. Matt succeeds Barbara R. Smith, who will remain chairman of the company's board of directors and CEO. Matt will continue to serve on the board of directors, which he joined in 2020.   

"Peter brings a wealth of financial, strategic and executive managerial experience, and his leadership has been excellent during his tenure on the board of directors,” Smith says. “I am pleased to transition the role of president of the company to Peter. He is a proven leader, and this role shows that Peter has earned the full confidence of the board and management." 

CMC says Matt is a seasoned global business leader with significant experience across various manufacturing companies in metals and metals-related industries. Since 2017, he has served as executive vice president and chief financial officer of Constellium SE, a global aluminum fabrication company. Before joining Constellium, Matt served as a managing partner for Tumpline Capital LLC from 2015 to 2016. From 1985 to 2015, he held various leadership positions with Credit Suisse.