Ryerson Holding Corporation announced Erich S. Schnaufer, Chief Financial Officer is leaving the Company and stepping down from all positions with the Company and its subsidiaries, effective January 3, 2020. Mr. Schnaufer will receive the severance benefits under his employment agreement applicable to terminations without cause. Effective as of January 3, 2020, the Board of Directors of the Company has appointed Molly Kannan, the Company's Corporate Controller, as Corporate Controller and Chief Accounting Officer Ms. Kannan has been serving as the Company's Corporate Controller since 2015.

Prior to Ms. Kannan's appointment as Corporate Controller, she served the Company as Director of Financial Reporting from 2013 until 2015.