Radius Recycling, Inc. (RDUS)

18.41 -0.11 (-0.61%) At close: 04:00PM EDT

Radius Recycling, Inc.

299 SW Clay Street
Suite 400
Portland, OR 97201
United States
503 224 9900
https://www.radiusrecycling.com

Sector(s): Basic Materials
Industry: Steel
Full-time employees: 3,353

Key executives

Name	Title	Pay	Exercised	Year born
Ms. Tamara L. Lundgren J.D.	Chairman, President & CEO	1.63M	N/A	1958
Mr. Stefano R. Gaggini	Senior VP, Interim Chief Accounting Officer & CFO	643.2k	N/A	1971
Mr. James Matthew Vaughn	Senior VP, General Counsel, Corporate Secretary & Chief Compliance Officer	903.84k	N/A	1973
Mr. Richard D. Peach	Executive VP & Chief Strategy Officer	906.14k	N/A	1964
Mr. Michael R. Henderson	Consultant	773.77k	N/A	1959
Mr. Steven G. Heiskell	Senior VP and President of Products & Services	689.03k	N/A	1969
Mr. Brian Souza	Senior VP, Chief Operations Management Officer and Chief of Ferrous Sales & Trading	N/A	N/A	1970
Mr. Michael Bennett	Vice President of Investor Relations	N/A	N/A	N/A
Mr. Robert Stone	Vice President of Corporate Development	N/A	N/A	N/A
Mr. Erich D. Wilson	Senior VP, Chief HR Officer & Chief of Corporate Operations	N/A	N/A	1969

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Radius Recycling, Inc. recycles ferrous and nonferrous metal, and manufactures finished steel products worldwide. The company acquires, processes, and recycles salvaged vehicles, rail cars, home appliances, industrial machinery, manufacturing scrap, and construction and demolition scrap. It offers recycled ferrous metal, a feedstock used in the production of finished steel products; and nonferrous products, including mixed metal joint products recovered from the shredding process, such as zorba, zurik, aluminum, copper, stainless steel, nickel, brass, titanium, lead, and high temperature alloys. The company also procures salvaged vehicles and sells serviceable used auto parts from these vehicles through its retail self-service auto parts stores. In addition, it produces various finished steel products using ferrous recycled metal and other raw materials, as well as semi-finished goods, which include billets; and finished goods consisting of rebar, coiled rebar, wire rods, merchant bars, and other specialty products. Further, the company sells catalytic converters to specialty processors that extract the nonferrous precious metals, including platinum, palladium, and rhodium; and ferrous and nonferrous recycled metal products to steel mills, foundries, refineries, smelters, wholesalers, and recycled metal processors, as well as finished steel customers, such as steel service centers, construction industry subcontractors, steel fabricators, wire drawers, and major farm and wood products suppliers. It also provides recycling and related services, including scrap brokerage, certified destruction, automotive parts recycling, railcar dismantling, and reverse logistics under 3PR brand name. Radius Recycling, Inc. was formerly known as Schnitzer Steel Industries, Inc. and changed its name to Radius Recycling, Inc. in January 2024. Radius Recycling, Inc. was founded in 1906 and is headquartered in Portland, Oregon.

Corporate governance

Radius Recycling, Inc.’s ISS governance QualityScore as of 1 April 2024 is 6. The pillar scores are Audit: 8; Board: 2; Shareholder rights: 8; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.