Daily News: September 7, 2016

Brownstein Appointed to Board of A.M. Castle


Howard Brod Brownstein was named to the A.M. Castle board of directors to fill a vacancy created by the resignation of board member Allan J. Young. According to a related 8-K filing, Brownstein was appointed to take Young’s place as a Class II director. He was also appointed a member of the Human Resources and Audit Committees of the board.

Brownstein was nominated as a successor to Young by Raging Capital Management, pursuant to the terms of a settlement agreement, dated March 17, 2015, by and among the A.M. Castle, Raging Capital Management and the other related parties.

Brownstein is the founder and president of The Brownstein Corporation, a management advisory firm. Brownstein serves on the board of directors of PICO Holdings and chairs its Audit committee and serves as its “financial expert” for Sarbanes-Oxley purposes. He also serves on the board of P&F Industries, and chairs its Nominating, Governance and Strategic Planning and Risk assessment committees, and serves on its Audit committee.

Brownstein is a board leadership fellow of the National Association of Corporate Directors (NACD) and serves as president of NACD’s Philadelphia Chapter.

Oak Brook, IL-based A.M. Castle is a global distributor of specialty metal and supply chain services, principally serving the producer durable equipment, aerospace, heavy equipment, industry goods, construction equipment and retail sectors of the global economy.