CMC Announces Appointment of Michael "Mike" Dumais to Board of Directors

Rhea-AI Summary

CMC (NYSE: CMC) appointed Michael "Mike" Dumais to its Board of Directors, effective June 23, 2026. Mr. Dumais brings over 30 years of industrial operations and strategy experience, including senior roles at Raytheon Technologies and United Technologies.

His appointment raises the Board to 10 directors (nine independent) and assigns him to the Audit and Finance Committees.

Positive

• Effective date: appointment on June 23, 2026
• Board size increases from nine to ten directors
• Committee assignments: Audit and Finance Committees
• Experience: 30+ years in industrial operations and strategy
• Senior roles: former EVP and Chief Transformation Officer at Raytheon

Negative

• None.

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IRVING, Texas, April 13, 2026 /PRNewswire/ -- CMC (NYSE: CMC) ("CMC" or the "Company") today announced that it has named Michael "Mike" Dumais to the Company's Board of Directors (the "Board"), effective June 23, 2026.

Mr. Dumais brings more than 30 years of leadership experience across industrial operations and corporate strategy. Most recently, he served as Executive Vice President and Chief Transformation Officer at Raytheon Technologies Corporation, where he led enterprise-wide transformation initiatives following the merger of United Technologies Corporation and Raytheon Company. Previously, Mr. Dumais held senior leadership roles at United Technologies Corporation, including Executive Vice President, Operations and Strategy, overseeing operations, supply chain, strategy, and mergers and acquisitions for the company's global portfolio. Mr. Dumais also serves on the board of directors at Baker Hughes Company..

"We are pleased to welcome Mike to our Board of Directors," said Robert S. Wetherbee, CMC's Chairman of the Board. "His experience supporting multifaceted industrial organizations both at a management and board level will add meaningful insight as we advance our strategic priorities and continue to deliver value for our stakeholders."

"Mike's experience aligns closely with CMC's strategic priorities, particularly our emphasis on operational and commercial excellence and transformative growth," said Peter Matt, President and Chief Executive Officer of CMC. "He brings valuable perspectives shaped by leading large industrial teams and managing complex operations, and we look forward to his contributions."

Mr. Dumais' appointment increases the number of directors serving on the Board from nine to ten, nine of whom are independent. He will serve on the Audit and Finance Committees of the Board.

Mr. Dumais earned a Bachelor of Science in Electrical Engineering from Virginia Tech, a Master of Science in Electrical Engineering from the University of Pennsylvania, and a Master of Business Administration from the Wharton School of the University of Pennsylvania.

About CMC

CMC is a Fortune 500 company headquartered in Irving, Texas, and a leading provider of early-stage construction solutions that support the foundational phases of modern infrastructure and building projects. Founded in 1915, CMC has grown from a single-site recycling operation to one of the largest U.S. manufacturers of steel reinforcing bar ("rebar"), a leading producer of subgrade soil stabilization and foundation enhancement solutions and a major supplier of concrete pipe and precast products.

Through an extensive manufacturing network primarily located in the United States and Central Europe, with strategic operations in the United Kingdom, Europe and Asia, CMC serves infrastructure, non-residential, residential, industrial and energy markets. While often unseen, CMC's products are essential to highways, bridges, airports, commercial buildings and other critical structures that support everyday life.

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SOURCE CMC

FAQ

When does Michael Dumais officially join the CMC board (NYSE: CMC)?

He joins the CMC board effective June 23, 2026. According to the company, the appointment is scheduled to take effect on that date and will expand the board to ten directors, nine of whom remain independent.

What committees will Michael Dumais serve on at CMC (CMC)?

Mr. Dumais will serve on the Audit and Finance Committees. According to the company, these assignments align with his background in operations, finance oversight, and enterprise transformation.

What relevant experience does Michael Dumais bring to CMC (NYSE: CMC)?

He brings over 30 years of leadership across industrial operations and corporate strategy. According to the company, his roles include EVP and Chief Transformation Officer at Raytheon and senior operations leadership at United Technologies.

How does Michael Dumais' appointment affect CMC's board composition (CMC)?

The board increases from nine to ten directors, with nine independent directors remaining. According to the company, the change modestly expands governance capacity while preserving independent oversight.

Why did CMC appoint Michael Dumais to the board (NYSE: CMC)?

CMC cited his alignment with operational and commercial priorities and transformative growth experience. According to the company, his large‑industrial leadership perspective is expected to support strategic execution and stakeholder value.