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Olympic Steel Implements New Executive Severance Plan
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Olympic Steel Implements New Executive Severance Plan

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Olympic Steel ( (ZEUS) ) just unveiled an announcement.

Olympic Steel has approved a Key Employee Severance Benefit Plan, effective November 2, 2023, which will cover key executives, including the CFO and the President/COO, starting December 18, 2024. The severance benefits under this new plan are similar to those in the previously existing individual agreements, indicating a streamlined approach to executive compensation and retention strategies.

More about Olympic Steel

Olympic Steel, Inc. operates in the steel industry, providing a range of processed carbon, coated, and stainless flat-rolled sheet, coil, and plate steel products. The company serves various sectors including industrial manufacturing, automotive, and construction.

YTD Price Performance: -48.68%

Average Trading Volume: 119,430

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $376.4M

For detailed information about ZEUS stock, go to TipRanks’ Stock Analysis page.

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