Hello and welcome to the annual meeting of shareholders of Olympic Steel, Inc. Please note that today's meeting is being recorded. During the meeting, we'll have a question-and-answer session. You can submit questions or comments at any time by clicking on the message icon. It is now my pleasure to turn today's meeting over to Michael Siegal, Executive Chairman. Mr. Siegal, the floor is yours. Thank you, Operator. The 2024 annual meeting of shareholders of Olympic Steel, Inc. is now called to order. Good morning. I'm Michael Siegal, Executive Chairman of the Board of the Company. I'd like to thank all of you for your support of the Company as evidenced by your attendance today. We are holding this year's annual meeting virtually via a web portal. It is my pleasure at this time to introduce the Company's other officers and directors who are also attending today: David A. Wolfort, past President, COO, and current Senior Commercial Advisor Olympic Steel, and a Director; Richard T. Marabito, Chief Executive Officer and a Director; Richard A. Manson, Chief Financial Officer; Andrew Greiff, President and Chief Operating Officer; Arthur F. Anton, retired Chairman of the Board and CEO of Swagelok and Lead Independent Director; Dirk A. Kempthorne, President, The Kempthorne Group, and a Director. Mr. Kempthorne served as a United States Senator from Idaho from 1993 to 1999 and Governor of Idaho from 1999 to 2006. He also served as the 49th Secretary of the U.S. Department of the Interior from 2006 to 2009. Idalene F. Kesner, Dean Emeritus of Indiana University Kelley School of Business and a Director. Michael G. Rippey, CEO of SunCoke Energy and a Director. Vanessa L. Whiting, President of AES Management Corporation and a Director. Richard P. Stovsky, retired partner PricewaterhouseCoopers and a Director. Michael Solecki, Acting Secretary of the company and a partner at Jones Day, our corporate legal counsel. We also have a representative from Grant Thornton, LLP, the company's independent auditors, who will be available for any questions regarding the examination of the company's financial statements for 2023. In accordance with Ohio law, the Board of Directors has appointed Richard Manson, our CFO Inspector of Elections, for today's meeting. We have previously supplied each shareholder with a copy of the proxy statement and our 2023 annual report on Form 10-K. Additional copies of these documents are available on the web portal for this meeting and on our website. For more information about the policies and procedures for this meeting, please consult our rules of conduct, which are also available on the web portal for this meeting and on our website. Will the Secretary please present proof of the giving of notice of the meeting? Thank you, Michael. Welcome, everyone, to the 2024 annual meeting of shareholders. Thank you for joining us today. I have been furnished with a certificate from Computershare, the company's transfer agent, showing that the mailing or delivery of the notice of this meeting, the proxy statement, and a form of proxy commenced on or about March 29, 2024, to all holders of shares of common stock of the company as of March 11, 2024, the record date for this annual meeting. I also have the list of holders of record of common stock as of March 11, 2024. This list is available for inspection during the meeting by any shareholder. To review this list, please contact our Inspector of Elections, Rich Manson. Will the Secretary please report the number of shares of common stock represented in person or by proxy at this meeting? The Inspector of Election for today's meeting has determined that of the 1,132,542 shares of common stock outstanding and entitled to vote on March 11, 2024, there are present in person and by proxy at the meeting approximately 94.6%, or 10,528,562 shares, and therefore a quorum is present. We have three items requiring action by the shareholders at this meeting. The first item is to elect four directors to the class of directors whose two-year term of office will expire in 2026: David A. Wolfort, Dirk A. Kempthorne, Idalene F. Kesner, and Richard P. Stovsky. The second item is the ratification of the selection of Grant Thornton LLP as the company's independent auditors for 2024. The third item is the approval on an advisory basis of our named executive officer compensation. The Board of Directors of the company recommends a vote for each of the four persons nominated as candidates for director named in the proxy statement and for each of proposals two and three. It is now 11:06 A.M., and I declare the polls are now open for each matter to be voted on at this meeting. If you have already voted by proxy, you do not need to vote again. Okay. It's now approximately 11:07 A.M., and I declare the polls are now closed for each of the matters. I now call on Mr. Solecki to announce the preliminary results of the vote. The Inspector of Elections for today's meeting has determined that each of David A. Wolfort, Dirk A. Kempthorne, Idalene F. Kesner, and Richard P. Stovsky has been elected as a director. The selection of Grant Thornton LLP as independent auditors of the company for 2024 has been ratified, and the compensation of the company's named executive officers has been approved on an advisory basis. Thanks, Mike. Now I will pause to check for any questions. We are reviewing any shareholder questions that were submitted today through the web portal. Please note we will attempt to answer as many questions as time allows, but only questions that are appropriate under our rules of conduct. It appears that no questions were posed by shareholders that were appropriate under our rules of conduct for this meeting. No questions were asked, so. As there is no other formal business to be addressed at the meeting, I now declare this meeting formally adjourned in all matters before it closed. Thank you. This concludes the meeting. You may now disconnect.
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