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Algoma Steel CEO steps down

April 22, 08 by TheFleet

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Source: TheStar.com

SAULT STE. MARIE, Ont. – Algoma Steel Inc. announced today that Denis Turcotte is resigning as chief executive officer.

Algoma, taken over last summer for $1.85 billion by Essar Steel of India, said Monday that Armando Plastino, who has been with the northwestern Ontario steelmaker since 1972 and currently is vice-president of operations, is being promoted to chief operating officer.

Read the full story at TheStar.com >>

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