Stronger finances, safety part of retiring CEO's legacy at GrafTech
After almost 40 years in the steel industry, Dave Rintoul had long been a customer of GrafTech International Ltd. GrafTech in Brooklyn Heights is a maker of graphite electrode products used in steelmaking. Rintoul took on the role of president and CEO for GrafTech on March 1 of 2018. Rintoul had been part of private companies and public ones throughout his career, but he had never been part of taking a company public. For Rintoul, that whirlwind start — the company was on the New York Stock Exchange under the ticker symbol "EAF" by the end of that April — was just the beginning of his time with GrafTech. A February news release noted that Rintoul planned to retire as the company's president and CEO, as well as from the board, by the end of June, or later, based on when a successor was named. But Rintoul said the company is positioned so its next leader may be able to help it to grow.
The year before Rintoul came on board, GrafTech's finances were just about breaking even. That's significant, but Rintoul said he's most proud of the improvements he has overseen in safety at GrafTech. "Because of my years in manufacturing, I have a fundamental belief that companies that are sustainable over the long haul can only be that way if, particularly in the manufacturing world, if they can get safety and the environment right," Rintoul said. When he arrived at GrafTech, the company's recordable incident rate, an OSHA measurement for on-the-job injuries or illness, was about 1. "Everybody that comes to work each day expects to go home the exact same way they came in. The company has to do the work to meet those expectations. Rintoul said it has been the people that have made his job at GrafTech enjoyable, both the company's approximately 1,300 employees and its customers across the globe.
"I think that's true of most of things in life," Rintoul added. "I graduated on a Friday and started work in the flat-roll mill on a Monday," Rintoul said. He recalls that his first post-college job was learning how to roll steel. He was doing shift work, trading all of his day shifts so he could work at night and attend school during the day. Rintoul ultimately earned his bachelor's degree in business administration from Lake Superior State University, as well as, later, an MBA at the University of Notre Dame. And as he reflected on his career, it's clear he still enjoys the work GrafTech helps make possible. "Being a former steelmaker — I guess I still consider myself one — it's always a thrill for me to walk into a melt shop when the arc is being struck in an electric arc furnace," Rintoul said.
Read full article at Crain's Cleveland Business
Related News
Retiring Aerospace Engineering Professor Leaves Legacy As An 'instrumental Force'
Allen Plotkin currently holds the second-longest service to SDSU in the College of Engineering among all current engineering faculty. Retiring Aerospace Engineering Professor Leaves Legacy As An ‘Instrumental Force’After 37 years at SDSU and 54 years of teaching, SDSU engineering professor Allen Plotkin retires with an impressive legacy behind him. He currently holds the second-longest service to SDSU in the College of Engineering among all current engineering faculty. “To many
Business & Finance CEO 100 Index 2022
Business & Finance has released the annual CEO 100 Index, recognising the leading chief executives operating in Ireland in 2022. Francesca McDonagh, Group CEO,Bank Of IrelandFrancesca McDonagh is Bank of Ireland Group CEO. Colin Meagle, Group CEO,Continuum GroupColin Meagle is Group CEO of the Continuum Group and a founding partner in Continuous Ventures. Michael was appointed CEO of Ryanair in 1994 and Group CEO in April 2019, having previously served
Young Money Finances to host summer camps
A trio of three-week camps this summer will teach young people about money management, investing and entrepreneurship. The nonprofit Young Money Finances will host three in-person camps this summer for those ages 11-17 to sharpen their skills in the aforementioned areas. “We are excited to offer in-person camps this summer because they provide an engaging way for students to learn about saving, investing and growing a business,” said Dondreá Brown,
Should Couples Merge Their Finances?
When Americans marry, their finances usually do too: The majority of married couples put all their income into shared accounts. And surely, many couples switch to fully shared accounts simply because that’s how marriage has typically worked in previous generations. In fact, research indicates that couples who put all their money together are, on average, more satisfied with their relationship, and this pattern is especially pronounced for low-income couples. For
'Never stop learning': Retiring Arabic professor reflects on years of teaching
David DiMeo, director of WKU’s Arabic program, will be retiring at the end of the school year. DiMeo, associate professor of Arabic and the director of the Arabic program, is retiring after working with the program for ten years. I’m not going to another job in another place, but I’m going to continue working on Arabic. “He really built the infrastructure of the Arabic program, and he put the curriculum
Saudi business leaders honored at the Top CEO forum in Dubai
DUBAI: Saudi Electricity Co. and Bawan Co. were among the leading Saudi Arabian companies honored for their outstanding operational excellence as the Top CEO forum concluded on May 18 in Dubai. Amid a standing ovation, Khaled bin Hamad Al-Gnoon, the acting CEO of SEC received the honor, followed by Bawan Co.'s CEO Fozan bin Mohammed Al Fozan. Around 100 CEOs from the Gulf Cooperation Council listed companies received the Top
Florence Nightingale's legacy inspires nurse to take safety into the digital age
A senior nurse is taking patient safety into the digital era with the support of a charity named after the profession’s most famous leading light. Now Lisa is looking to create a live and interactive digital version, which will improve patient safety even further. And she has been awarded a Florence Nightingale Foundation Digital Leadership Scholarship to help turn her vision into reality. “Sharron’s was a leadership scholarship and mine
Team One Names Latest Recipient Of The Legacy Lab Foundation Scholarship
With So Many Outstanding Submissions, Six Additional Students Have Been Recognized with the Rising Star AwardLOS ANGELES, Jan. 31, 2022 (GLOBE NEWSWIRE) -- The Legacy Lab , Team One ’s award-winning think tank and strategic consultancy, has announced the recipient of its third-annual Legacy Lab Foundation Scholarship. Story continuesOn her award, Kimiloluwa remarked, “It is truly such an honor to be a recipient of the 2021 Legacy Lab Foundation Scholarship.
Georgian College CEO to reflect on career at Midland Cultural Centre event
MaryLynn West-Moynes will be a guest May 3 on A Day in the LifeNEWS RELEASEMIDLAND CULTURAL CENTRE*****************MaryLynn West-Moynes, president and CEO of Georgian College, will be the next guest of host Fred Hacker on A Day in the Life at the Midland Cultural Centre. West-Moynes has had an outstanding career in post-secondary education, culminating in her appointment at Georgian. West-Moynes is retiring from Georgian in June after 10 years at
