FRD Friedman Industries Inc.

Friedman Announces Retirement of President and CEO

Friedman Announces Retirement of President and CEO

Longview, Texas, Feb. 15, 2019 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE—American: FRD) (the “Company”), a steel manufacturing, processing, and distribution company, announced today that Robert Sparkman has elected to retire from his position as President, Chief Executive Officer, and as a director of the Company to spend more time with his family, effective March 31, 2019. 

Mr. Sparkman, age 63, has been Chief Executive Officer since April 2017 and has been associated with the Company in various capacities for over 39 years. The Company expresses its deep appreciation for Mr. Sparkman’s many years of dedicated service.

Michael J. Taylor, the Company’s current Chairman of the Board of Directors, will serve as interim President and interim Chief Executive Officer until a successor is appointed.  Mr. Taylor, age 60, has been a director of the Company since December 2016 and Chairman of the Board of Directors since June 2017.  Prior to joining the Company, Mr. Taylor served as President of Cargill Metals Supply Chain, a steel processing distribution company, from 2003 to 2014. The Company believes that Mr. Taylor’s extensive knowledge of the steel industry will be a vital asset in his interim leadership role. Mr. Taylor will retain his role as Chairman of the Board.

For further information regarding this press release, please contact Alex LaRue, Chief Financial Officer—Secretary and Treasurer at (903)758-3431.

About the Company

For over 50 years Friedman Industries has helped its customers succeed by consistently providing high quality steel products at highly competitive prices with quick delivery. Founded in 1965 and headquartered in Longview, Texas, Friedman operates in two divisions: the Flat Roll Division and the Tubular Division.  Please visit for more information about us.

Contacts:
Friedman Industries, Incorporated
Alex LaRue, (903)758-3431
Chief Financial Officer—Secretary and Treasurer
EN
15/02/2019

Underlying

FRDFriedman Industries Inc.

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Friedman Industries Inc.

 PRESS RELEASE
Free
FRD Friedman Indust...

Friedman Industries, Incorporated Announces Third Quarter Results

Friedman Industries, Incorporated Announces Third Quarter Results LONGVIEW, Texas, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NASDAQ/GS: FRD) announced today its results of operations for the quarter ended December 31, 2025. December 31, 2025 Quarter Highlights: Net earnings of $3.0 millionSales of $168.0 million; up 79% year-over-yearSales volume increased 36% year-over-year “We delivered strong year-over-year growth in sales and volumes during the third fiscal quarter, driven by improved capacity utilization, disciplined commercial execution, and the contrib...

February 9, 2026 1 EN
 PRESS RELEASE
Free
FRD Friedman Indust...

Friedman Industries, Incorporated Announces Cash Dividend

Friedman Industries, Incorporated Announces Cash Dividend LONGVIEW, Texas, Dec. 16, 2025 (GLOBE NEWSWIRE) -- The Board of Directors (the “Board”) of Friedman Industries, Incorporated, (NASDAQ/GS: FRD) a Texas-based company engaged in metals processing, pipe manufacturing, and metals distribution, declared on December 16, 2025, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on February 13, 2026 to shareholders of record at the close of business on January 16, 2026. This dividend marks the Company’s 216th consecutive quarterly c...

December 16, 2025 1 EN
 PRESS RELEASE
Free
FRD Friedman Indust...

Friedman Industries, Incorporated Announces Second Quarter Results

Friedman Industries, Incorporated Announces Second Quarter Results LONGVIEW, Texas, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NASDAQ/GS: FRD) announced today its results of operations for the quarter ended September 30, 2025. September 30, 2025 Quarter Highlights: Net earnings of $2.2 millionSales of $152.4 million: up 43% year-over-yearHighest sales volume in Company history: up 28% year-over-year and up 12% quarter-over-quarterAcquisition of Century Metals & Supplies on August 29, 2025 “This quarter marks a significant milestone for Friedman, as we achieved...

November 10, 2025 1 EN
 PRESS RELEASE
Free
FRD Friedman Indust...

Friedman Industries, Incorporated Announces Cash Dividend

Friedman Industries, Incorporated Announces Cash Dividend LONGVIEW, Texas, Sept. 18, 2025 (GLOBE NEWSWIRE) -- The Board of Directors (the “Board”) of Friedman Industries, Incorporated, (NASDAQ/GS: FRD) a Texas-based company engaged in metals processing, pipe manufacturing, and metals distribution, declared on September 18, 2025, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on November 14, 2025 to shareholders of record at the close of business on October 24, 2025. This dividend marks the Company’s 215th consecutive quarterly...

September 18, 2025 1 EN
 PRESS RELEASE
Free
FRD Friedman Indust...

Friedman Industries, Incorporated Expands with the Acquisition of Cent...

Friedman Industries, Incorporated Expands with the Acquisition of Century Metals and Supplies, Inc. Geographic expansion into southeastern U.S. and Latin American marketsImproved diversification of product mixAdditional processing capabilities LONGVIEW, Texas, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (“Friedman”) (NASDAQ/GS: FRD) announced today that it has acquired Century Metals and Supplies, Inc. (“Century Metals”) based in Miami, Florida. The acquisition includes working capital, buildings, processing and other equipment, and the related real estate. In ad...

September 2, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch