Friedman Industries Appoints Gaurav Chhibbar as Chief Operating Officer
Friedman Industries (NASDAQ/GS: FRD) has appointed Gaurav Chhibbar as its new Chief Operating Officer, effective July 10, 2025. Chhibbar brings significant experience from his roles at Boston Consulting Group, Metal Edge Partners, and Cargill Inc., with expertise in operations excellence, strategy, corporate finance, and M&A due diligence.
The new COO holds an MBA from The University of Chicago Booth School of Business, a Master of International Business from the Indian Institute of Foreign Trade, and a Bachelor of Engineering from Panjab University. CEO Michael Taylor expressed confidence that Chhibbar's leadership and combined business and steel industry knowledge will enhance operational efficiency.
Friedman Industries (NASDAQ/GS: FRD) ha nominato Gaurav Chhibbar come nuovo Chief Operating Officer, a partire dal 10 luglio 2025. Chhibbar vanta una solida esperienza maturata in Boston Consulting Group, Metal Edge Partners e Cargill Inc., con competenze in eccellenza operativa, strategia, finanza aziendale e due diligence nelle operazioni di M&A.
Il nuovo COO è in possesso di un MBA presso la University of Chicago Booth School of Business, un Master in International Business dall'Indian Institute of Foreign Trade e una laurea in Ingegneria presso la Panjab University. Il CEO Michael Taylor ha espresso fiducia nel fatto che la leadership di Chhibbar, unita alla sua conoscenza del business e dell'industria siderurgica, migliorerà l'efficienza operativa.
Friedman Industries (NASDAQ/GS: FRD) ha nombrado a Gaurav Chhibbar como su nuevo Director de Operaciones, con efecto a partir del 10 de julio de 2025. Chhibbar aporta una amplia experiencia adquirida en Boston Consulting Group, Metal Edge Partners y Cargill Inc., con especialización en excelencia operativa, estrategia, finanzas corporativas y diligencia debida en fusiones y adquisiciones.
El nuevo COO posee un MBA de la University of Chicago Booth School of Business, una Maestría en Negocios Internacionales del Indian Institute of Foreign Trade y una Licenciatura en Ingeniería de la Panjab University. El CEO Michael Taylor expresó su confianza en que el liderazgo de Chhibbar, junto con su conocimiento del negocio y de la industria del acero, mejorará la eficiencia operativa.
Friedman Industries (NASDAQ/GS: FRD)는 2025년 7월 10일부로 가우라브 치바르를 신임 최고운영책임자(COO)로 임명했습니다. 치바르는 Boston Consulting Group, Metal Edge Partners, Cargill Inc.에서 쌓은 풍부한 경험과 운영 우수성, 전략, 기업 재무, 인수합병 실사 분야의 전문성을 보유하고 있습니다.
신임 COO는 시카고 대학교 부스 경영대학원의 MBA, 인도 외국무역연구소(Indian Institute of Foreign Trade)의 국제경영 석사, 판잡 대학교의 공학 학사 학위를 취득했습니다. CEO 마이클 테일러는 치바르의 리더십과 비즈니스 및 철강 산업에 대한 폭넓은 지식이 운영 효율성을 높일 것이라고 확신한다고 밝혔습니다.
Friedman Industries (NASDAQ/GS : FRD) a nommé Gaurav Chhibbar en tant que nouveau Chief Operating Officer, à compter du 10 juillet 2025. Chhibbar apporte une expérience significative acquise chez Boston Consulting Group, Metal Edge Partners et Cargill Inc., avec une expertise en excellence opérationnelle, stratégie, finance d'entreprise et due diligence en fusions-acquisitions.
Le nouveau COO est titulaire d'un MBA de la University of Chicago Booth School of Business, d'un Master en commerce international de l'Indian Institute of Foreign Trade, ainsi que d'une licence en ingénierie de la Panjab University. Le PDG Michael Taylor a exprimé sa confiance dans le fait que le leadership de Chhibbar, combiné à sa connaissance du secteur industriel de l'acier, améliorera l'efficacité opérationnelle.
Friedman Industries (NASDAQ/GS: FRD) hat Gaurav Chhibbar mit Wirkung zum 10. Juli 2025 zum neuen Chief Operating Officer ernannt. Chhibbar bringt umfangreiche Erfahrung aus seinen Tätigkeiten bei Boston Consulting Group, Metal Edge Partners und Cargill Inc. mit, insbesondere in den Bereichen operative Exzellenz, Strategie, Unternehmensfinanzierung und M&A-Due-Diligence.
Der neue COO verfügt über einen MBA der University of Chicago Booth School of Business, einen Master in International Business vom Indian Institute of Foreign Trade sowie einen Bachelor in Ingenieurwesen von der Panjab University. CEO Michael Taylor zeigte sich zuversichtlich, dass Chhibbars Führungskompetenz und seine kombinierte Erfahrung in Wirtschaft und Stahlindustrie die operative Effizienz steigern werden.
- Appointment of experienced executive with strong background in operations excellence and strategy
- New COO brings valuable steel industry knowledge and consulting expertise
- Addition of leader with significant M&A due diligence experience could support future growth
- None.
LONGVIEW, Texas, July 14, 2025 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NASDAQ/GS: FRD) is pleased to announce the appointment of Gaurav Chhibbar as the Company's new Chief Operating Officer (COO) effective July 10, 2025. Gaurav joins Friedman Industries with a distinguished career in operations excellence, strategy, corporate finance, and M&A due diligence.
Gaurav has built extensive experience through meaningful roles at Boston Consulting Group Inc., and prior to that, at Metal Edge Partners LLC and Cargill Inc. At Boston Consulting Group, he supported and led numerous efforts for clients across various sectors, including financial sponsors, private equity, family-owned, and Fortune 100 firms. His expertise in operations excellence and strategic management has been instrumental in driving growth and innovation.
"We are excited to welcome Gaurav to our leadership team," said Michael Taylor, President and Chief Executive Officer. "His proven track record and strategic vision align perfectly with our goals for the future. We are confident that Gaurav's leadership and his unique combination of broad business experience and steel industry knowledge will enhance our operational efficiency and drive our continued success."
Gaurav holds a Master of Business Administration from The University of Chicago Booth School of Business, with concentrations in Analytic Finance, Strategic Management, and Entrepreneurship. He also holds a Master of International Business from the Indian Institute of Foreign Trade and a Bachelor of Engineering from Panjab University.
About Friedman Industries
Friedman Industries, Incorporated (“Company”), headquartered in Longview, Texas, is a manufacturer and processor of steel products with operating plants in Hickman, Arkansas; Decatur, Alabama; East Chicago, Indiana; Granite City, Illinois; Sinton, Texas and Lone Star, Texas. The Company has two reportable segments: flat-roll products and tubular products. The flat-roll product segment consists of the operations in Hickman, Decatur, East Chicago, Granite City and Sinton where the Company processes hot-rolled steel coils. The Hickman, East Chicago and Granite City facilities operate temper mills and corrective leveling cut-to-length lines. The Sinton and Decatur facilities operate stretcher leveler cut-to-length lines. The tubular product segment consists of the operations in Lone Star where the Company manufactures electric resistance welded pipe and distributes pipe through its Texas Tubular Products division.
For more information, visit www.friedmanindustries.com.
For further information, contact Alex LaRue, Chief Financial Officer – Secretary and Treasurer, at (903)758-3431.
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