{"id":16409,"date":"2026-04-10T15:13:45","date_gmt":"2026-04-10T15:13:45","guid":{"rendered":"https:\/\/www.findadistributor.com\/news\/?p=16409"},"modified":"2026-04-10T15:14:37","modified_gmt":"2026-04-10T15:14:37","slug":"michael-succeeds-taylor-at-cleveland-cliffs","status":"publish","type":"post","link":"https:\/\/www.findadistributor.com\/news\/michael-succeeds-taylor-at-cleveland-cliffs\/","title":{"rendered":"Michael Succeeds Taylor at Cleveland-Cliffs"},"content":{"rendered":"

Steel producer Cleveland-Cliffs Inc. recently named Ralph \u201cMike\u201d Michael III as Lead Independent Director of the board. Michael succeeds Douglas Taylor as Lead Independent Director, following the board\u2019s acceptance of Taylor\u2019s resignation due to a change in his professional circumstances.<\/p>\n

Under the company\u2019s corporate governance guidelines, Taylor submitted a mandatory resignation following his acceptance of a new professional role.<\/p>\n

Lourenco Goncalves, Cliffs\u2019 chairman, president and CEO, said: \u201cI thank Douglas Taylor, the former CEO of Casablanca Capital at the time of the company\u2019s hostile takeover 12 years ago, for his continued service in our board. The directors are grateful for his contributions and we wish him continued success in his professional life.\u201d<\/p>\n

Goncalves continued: \u201cMike Michael has been a strong and steady voice on the board and brings a strategic perspective that will continue to benefit Cleveland-Cliffs and its shareholders. Mike was the chairman of AK Steel, where he guided the company through its sale to Cleveland-Cliffs. His extensive knowledge of the steel industry, capital markets, and corporate governance makes him exceptionally well suited to serve as Lead Director.\u201d<\/p>\n

In addition, the company named Edilson Camara as chairman of the compensation and organization committee of the board of directors, replacing Taylor in this position.<\/p>\n

Camara is the CEO Emeritus at Egon Zehnder, a top global executive search and leadership advisory firm, and a senior partner in the firm\u2019s industrial practice group.<\/p>\n

\"\"

Steel producer Cleveland-Cliffs is vertically integrated.<\/p><\/div>\n

Goncalves concluded: \u201cEd Camara is a very well known and highly respected professional among CEOs and boards all over the world. We are very pleased to have in our board someone with the qualifications of our new chairman of the compensation committee.\u201d<\/p>\n

Steel producer Cleveland-Cliffs is vertically integrated from the mining of iron ore, production of pellets and direct reduced iron, and processing of ferrous scrap through primary steelmaking and downstream finishing, stamping, tooling, and tubing.<\/p>\n","protected":false},"excerpt":{"rendered":"

Steel producer Cleveland-Cliffs Inc. recently named Ralph \u201cMike\u201d Michael III as Lead Independent Director of the board. Michael succeeds Douglas Taylor as Lead Independent Director, following the board\u2019s acceptance of Taylor\u2019s resignation due to a change in his professional circumstances. Under the company\u2019s corporate governance guidelines, Taylor submitted a mandatory resignation following his acceptance of… Read More<\/a><\/p>\n","protected":false},"author":3,"featured_media":16410,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[16,10],"tags":[14204,53,14203,14202],"class_list":["post-16409","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-homepage-featured","category-news","tag-cleveland-cliffs","tag-steel","tag-steel-producer","tag-steel-producer-cleveland-cliffs"],"acf":[],"yoast_head":"\nMichael Succeeds Taylor at Cleveland-Cliffs - Find A Distributor Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.findadistributor.com\/news\/michael-succeeds-taylor-at-cleveland-cliffs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Michael Succeeds Taylor at Cleveland-Cliffs - Find A Distributor Blog\" \/>\n<meta property=\"og:description\" content=\"Steel producer Cleveland-Cliffs Inc. recently named Ralph \u201cMike\u201d Michael III as Lead Independent Director of the board. Michael succeeds Douglas Taylor as Lead Independent Director, following the board\u2019s acceptance of Taylor\u2019s resignation due to a change in his professional circumstances. Under the company\u2019s corporate governance guidelines, Taylor submitted a mandatory resignation following his acceptance of... 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