Peter R. Matt
President and Chief Executive Officer
Executive
3 yr
7 reports
Commercial Metals Company ·CMC
Enterprise model with three segment leaders reporting to CEO
Materials · Fortune #476 · Hybrid structure · 13K employees · Irving, Texas
View as of:
7
CEO span
↓ tighter than peers (avg 8)
7
Avg span
wide
2
Max depth
2 levels
5.1 yr
Avg tenure
↓ 1.1yr from FY2024
57%
Internal hires
near industry avg
Consolidated financials FY2011 · period end 2011-08-31 · 10-K
Revenue
$7.9B
Net income
$85M
Total assets
$7.2B
Shares out
111M
Sourced from Commercial Metals Company DEF 14A · filed 2025-11-25 ↗ View on SEC
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Commercial Metals Company organizational chart
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Enterprise model with three segment leaders reporting to the CEO. This page maps Commercial Metals Company’s executive structure, detailing the CEO’s direct reports, governance context, recent leadership changes, and how CMC compares structurally with steel industry peers.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Latest signal Michael R. Dumais joined as Director
Appointed to Board effective June 23, 2026
Source · See change logScenario views in the chart
- Add Chief AI Officer Introduce a Chief AI Officer to coordinate automation, analytics, and digital manufacturing initiatives.
- Add Chief Operating Officer Create a COO role to consolidate operational oversight across steel and emerging businesses.
Atlas work this supports
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The people
Who's running this
8 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
internal
Paul J. Lawrence
Senior Vice President, Chief Financial Officer
Finance
9 yr
0 reports
Kekin M. Ghelani
Senior Vice President, Chief Strategy Officer
Strategy
1 yr
0 reports
internal
Jody K. Absher
Senior Vice President, Chief Legal Officer and Corporate Secretary
Legal
7 yr
0 reports
internal
Jennifer J. Durbin
Senior Vice President, Chief Human Resources and Communications Officer
Human Resources
6 yr
0 reports
internal
Ty L. Garrison
Senior Vice President, Operational and Commercial Excellence
Operations
5 yr
0 reports
internal
Stephen Simpson
Senior Vice President, North America Steel Group
North America Steel Group
4 yr
0 reports
Brian Halloran
Senior Vice President, Emerging Businesses Group
Emerging Businesses
1 yr
0 reports
The pay
Executive compensation
From the most recent DEF 14A Summary Compensation Table. 2 named executive officers disclosed. Bar length scales with total compensation.
Peter R. Matt $8.0M
- Base salary
- $1.08M
- Stock awards
- $5.51M
- Non-equity incentive
- $1.32M
- Other
- $110K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
Paul J. Lawrence $2.9M
- Base salary
- $658K
- Stock awards
- $1.64M
- Non-equity incentive
- $571K
- Other
- $68K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
The skin in the game
Beneficial ownership
Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.
Stock ownership requirements
5×Director cash retainer
Non-employee directors must hold stock equal to five times annual cash retainer.
| Holder | Shares | % of class |
|---|---|---|
| Peter R. Matt | 83K | <1% |
| Paul J. Lawrence | 190K | <1% |
The businesses
How Commercial Metals Company divides the work
3 divisions report into the group CEO. Tile size scales with estimated headcount.
North America Steel Group
9K employees
Senior Vice President, North America Steel Group (Stephen Simpson)
Vertically integrated steel recycling, milling, and fabrication operations across the U.S.
Emerging Businesses Group
2K employees
Senior Vice President, Emerging Businesses Group (Brian Halloran)
Growth platform including precast concrete and non-traditional construction solutions.
Corporate Functions
1K employees
President and CEO (Peter R. Matt)
Finance, legal, HR, strategy, and enterprise operations supporting global activities.
The thesis
Why this org is unusual
Three operating and functional segment leaders report directly to the CEO, reflecting CMC’s enterprise-style structure.
The CEO has a broad span covering finance, strategy, legal, HR, operational excellence, and two major operating groups. This design emphasizes centralized strategic control while allowing operating autonomy within major steel and emerging business segments. The absence of a COO keeps operational authority concentrated among SVPs.
- No COO role
- Centralized enterprise leadership
- Direct CEO oversight of major segments
The comparison
How Commercial Metals Company stacks up
Compared with peers like Nucor and Steel Dynamics, CMC’s structure is more enterprise-centric, with fewer autonomous division CEOs. Nucor operates a more decentralized divisional model, while Steel Dynamics blends divisional and functional leadership. CMC’s centralized model aligns with its TAG transformation program …
C-suite size
Reporting depth
Commercial Metals Company
2 levels
5 levels
5 levels
6 levels
Reliance Steel & Aluminum
6 levels
Avg C-suite tenure
Commercial Metals Company
5 yr
8 yr
10 yr
6 yr
Reliance Steel & Aluminum
9 yr
Has COO / Has CAIO
Commercial Metals Company — no COO — no CAIO
Reliance Steel & Aluminum — no COO — no CAIO
Current signals
What changed recently
Most consequential change was the July 2025 reorganization of the North America Steel Group to improve execution speed.
- new
- Date not confirmed reorgNorth America Steel Group Segment Reorganization
Segment reorganized into three lines of business in July 2025
Source
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2025
DEF 14A filed 2025-11-25
- CEO
- Peter R. Matt
- CEO span
- 6
- C-suite
- 5
- Avg tenure
- 5 yr
First full proxy reflecting Matt as standalone CEO.
Named executive officers (5)
- Peter R. Matt - President and CEO since 2023
- Paul J. Lawrence - CFO since 2016
- Kekin M. Ghelani - Chief Strategy Officer since 2024
- Jody K. Absher - Chief Legal Officer since 2019
- Jennifer J. Durbin - Chief Human Resources Officer since 2020
FY2024
DEF 14A filed 2024-11-26
- CEO
- Peter R. Matt
- CEO span
- 6
- C-suite
- 6
- Avg tenure
- 6.2 yr
Transition year following retirement of Executive Chairman.
Named executive officers (5)
- Peter R. Matt - President and CEO since 2023
- Paul J. Lawrence - CFO since 2016
- Ty L. Garrison - SVP Operational and Commercial Excellence since 2018
- Jody K. Absher - Chief Legal Officer since 2019
- Jennifer J. Durbin - Chief Human Resources Officer since 2020
FY2023
DEF 14A filed 2023-11-21
- CEO
- Barbara R. Smith
- CEO span
- 5
- C-suite
- 6
- Avg tenure
- 7.5 yr
CEO and Chairman roles combined.
Named executive officers (5)
- Barbara R. Smith - CEO since 2017
- Paul J. Lawrence - CFO since 2016
- Ty L. Garrison - SVP Operational Excellence since 2018
- Jody K. Absher - Chief Legal Officer since 2019
- Jennifer J. Durbin - Chief Human Resources Officer since 2020
Year-over-year changes
Addition of a dedicated Chief Strategy Officer reshaped the executive team.
- CEO span: 6 → 6
- C-suite size: 6 → 5
- Avg tenure: 6.2 → 5 yr
- new Kekin M. Ghelani - Chief Strategy Officer (DEF 14A filed 2025-11-25)
CEO succession completed with Matt assuming full CEO responsibilities.
- CEO span: 5 → 6
- C-suite size: 6 → 6
- Avg tenure: 7.5 → 6.2 yr
- retitled Peter R. Matt - President and CEO (was President) (DEF 14A filed 2024-11-26)
The board
Board of directors
5 directors. 4 of 5 independent (80%). Source: most recent DEF 14A.
Robert S. Wetherbee
Chair Independent
Executive Chairman, ATI Inc.
Peter R. Matt
Inside
President and CEO, Commercial Metals Company
Lisa M. Barton
Independent
President and CEO, Alliant Energy Corporation
Also on: Alliant Energy Corporation
Gary E. McCullough
Independent
Retired CEO, ARI Packaging, Inc.
Also on: TransDigm Group Inc.
Charles L. Szews
Independent
Former CEO, Oshkosh Corporation
The board, organized
Board committees
2 standing committees. Audit and Compensation must be 100% independent under SEC rules; the rest vary.
Audit Committee
100% independent 7 mtgs/yr
- Charles L. Szews Chair
- Gary E. McCullough
Compensation Committee
100% independent
- Gary E. McCullough Chair
- Lisa M. Barton
Frequently Asked Questions
Who is the CEO of Commercial Metals?
Peter R. Matt has served as President and CEO since September 1, 2023.
What type of organizational structure does Commercial Metals use?
CMC uses a hybrid enterprise structure combining centralized functions with major operating segments.
How many direct reports does Commercial Metals's CEO have?
The CEO has seven direct reports, including functional and segment leaders.
How has Commercial Metals's leadership changed recently?
Recent changes include a Board appointment in April 2026 and a North America Steel Group reorganization in 2025.
Does Commercial Metals have a COO?
No, operational responsibility is distributed among senior vice presidents reporting directly to the CEO.
Sources
- 8-K Filing, Apr 13, 2026
- 2026 Proxy Statement
- SEC EDGAR: Commercial Metals Company DEF 14A Proxy Statement
- SEC EDGAR: Commercial Metals Company 10-K Annual Report
Reference
Cite this page
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APA 7th
Creately. (2026). Commercial Metals Company organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/commercial-metals/MLA 9th
"Commercial Metals Company Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/commercial-metals/. Accessed .Chicago 17
Creately. "Commercial Metals Company Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/commercial-metals/.Original SEC source View on SEC ↗
Commercial Metals Company. DEF 14A. Filed 2025-11-25. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/22444/000119312525294507/cmc-20251125.htmPermanent URL: https://creately.com/org-chart/fortune-500/commercial-metals/ · last updated 2026-04-01