Heasley will also oversee Carpenter’s distribution businesses, Latrobe Specialty Steel Distribution and Specialty Steel Supply Inc.

The PEP portfolio accounts for approximately US$600 million in annual sales, or 25% of Carpenter’s total annual revenue.

Heasley was previously executive vice president, strategic planning and business at Steel Dynamics Inc and president of Steel Dynamics’ subsidiary, New Millennium Buildings Systems. Prior to joining Steel Dynamics as its CFO in 2005, Gary spent three years as senior vice president and manager, metals group, for KeyBanc Capital Markets, Inc/McDonald Investments.