Northwest Pipe names former steel exec to its board
Wednesday, September 1, 2010
Vancouver-based Northwest Pipe Co. announced Tuesday that James E. Declusin, former chief executive of Oregon Steel Mills Inc. and Evraz Inc., has joined its board of directors.
Declusin has more than 40 years’ experience in the steel industry. In 2000, he was appointed to the board of directors for Oregon Steel. In 2003, he became the company’s president and CEO. In 2007, after Oregon Steel was sold to Evraz Group, Declusin continued as CEO until he retired this year.
In July, the company, which manufactures steel pipe, announced it overstated its profits by as much as $47 million over several years and is working to correct the problem. The company has received repeated delisting threats from the Nasdaq stock exchange for failing to timely file quarterly financial results.
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