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CMC Announces CFO Retirement and Succession Plan; Appoints Kenji Hashimoto as Deputy CFO

PR Newswire•10/11/2026•06:45 ET
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Key Highlights

  • ➤Kenji Hashimoto becomes deputy CFO November 16, 2026
  • ➤Hashimoto expected to assume CFO role January 15, 2027
  • ➤Paul Lawrence retires as CFO after serving since 2019
  • ➤Lawrence remains Special Advisor to CEO through June 30, 2027
  • ➤CMC says transition supports execution of 2029 targets

Expert Statements

Peter Matt, President and Chief Executive Officer of CMC

“On behalf of the Company’s Board of Directors and CMC’s leadership team, I want to thank Paul for his years of service,”

Peter Matt, President and Chief Executive Officer of CMC

“Paul has played a key role in driving the Company’s strong financial performance and building our healthy balance sheet, which have positioned CMC to undertake its transformation and create tremendous value for our shareholders.”

Peter Matt, President and Chief Executive Officer of CMC

“I am excited to welcome Kenji to CMC and the executive leadership team,”

Peter Matt, President and Chief Executive Officer of CMC

“His background brings both deep financial expertise and a proven ability to navigate organizational transformation. I am confident that his experience and commitment to excellence will support CMC as we continue executing on our long-term strategy and working to reach our 2029 targets that were recently outlined at our 2026 Investor Day.”

CMC Announces CFO Retirement and Succession Plan; Appoints Kenji Hashimoto as Deputy CFO PR Newswire

IRVING, Texas, Nov. 10, 2026 /PRNewswire/ -- CMC (NYSE: CMC) (the "Company") today announced the planned retirement of Paul Lawrence, who has served as the Company's Senior Vice President and Chief Financial Officer since 2019. The Company also announced a succession plan for the chief financial officer role, with the appointment of Kenji Hashimoto as Senior Vice President and Deputy Chief Financial Officer, effective November 16, 2026. As part of this transition, Mr. Hashimoto is anticipated to assume the chief financial officer role on January 15, 2027. Mr. Lawrence will remain employed by the Company through June 30, 2027, as Special Advisor to the CEO in order to support a smooth transition of the role.

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