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Stock impact report

Algoma Steel Group, Inc. Announces Leadership Transition [Canadian Business Journal (Canada)]

Algoma Steel Group Inc. (ASTL) 
CFO Rajat Marwah to Succeed Michael Garcia as CEO Effective January 1, 2026 as Part of Planned Succession and Leadership TransitionMichael Moraca Promoted to CFO Position Effective January 1, 2026SAULT STE. MARIE, ONTARIO, Oct. 29, 2025 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced a planned leadership transition as part of its ongoing succession planning process.Michael Garcia, the Company’s Chief Executive Officer, will retire from Algoma Steel at the end of this calendar year after successfully leading the Company through a period of major transformation. In late 2024, Mr. Garcia informed the Board of Directors that he was considering retirement, at which time the Board initiated a comprehensive succession planning process to ensure a smooth transition of leadership.Rajat Marwah, currently the Company’s Chief Financial Officer, has been ap Show less Read more
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