PE-backed Metals Inc appoints Zahner as president

Metals Inc, which is backed by Peak Rock Capital, has hired David Zahner as president. The appointment is effective immediately. Recently, Zahner worked at Ryerson where he served as general manager. Ohio-based Metals Inc is a metal distributor.

PRESS RELEASE

TULSA, Okla., Aug. 10, 2015 /PRNewswire/ — Metals Inc, a leading specialized processor of primarily stainless steel and high nickel alloy plate and sheet products, and a portfolio company of Peak Rock Capital, announced today that David Zahner has been appointed President, effective immediately.

Mr. Zahner joins Metals Inc with over 23 years of professional experience in the metals industry, most recently serving as General Manager at Ryerson, a leading global distributor and processor of metals.

Tom Modrowski, CEO of Advanced Alloy Processing, the parent company of Metals Inc, commented on Mr. Zahner’s appointment, stating, “We are excited to have David Zahner joining Metals Inc as President. He has a proven track record in metals distribution and has consistently demonstrated his ability to execute key initiatives in safety, sales and operations. David’s experiences at Ryerson make him an excellent fit to drive growth at Metals Inc.”

Mr. Zahner stated, “I am excited to join Metals Inc as President and to execute on the Company’s growth initiatives. Metals Inc is well positioned to capitalize on the specialty metals processing segment with its extensive processing capabilities and specialty metal alloy expertise. I look forward to working alongside management and the Board to further develop and enhance the processes and services Metals Inc offers its customers.”

Mr. Zahner has spent the majority of his career at Ryerson and its subsidiaries, serving in various management and sales capacities. Mr. Zahner has a B.S. in Business Administration Kansas Newman College.

ABOUT METALS INC
Metals Inc is a leading specialty processor of primarily stainless steel and high nickel alloy plate and sheet products to the energy, petrochemical, food service and general industrial segments through its three facilities in Tulsa, Oklahoma, Mobile, Alabama and Houston, Texas. For further information about Metals Inc, please visit www.metalsinc.com.

ABOUT PEAK ROCK CAPITAL
Peak Rock Capital is an Austin, TX based private equity firm that makes equity and debt investments in companies in North America and Europe. Peak Rock focuses on investing in opportunities where it can support senior management in driving rapid growth and profit improvement through operational and strategic changes. Peak Rock’s principals have deep expertise in complex situations and cross border transactions, with the ability to provide tailored capital solutions and close transactions quickly where speed and certainty are priorities. For further information about Peak Rock Capital, please visit www.peakrockcapital.com.