Commercial Metals Company appoints Dawne Hickton to board of directors

IRVING, Texas - Commercial Metals Company (NYSE:CMC), a $5.9 billion market cap steel manufacturer with a strong financial health rating according to InvestingPro, announced today the appointment of Dawne S. Hickton to its Board of Directors, effective October 14, 2025.

The appointment will increase the board’s size from nine to ten members, with nine being independent directors. Hickton will serve on the company’s Audit and Finance Committees, joining a company that has maintained dividend payments for 55 consecutive years and operates with a moderate level of debt.

Hickton currently serves as Chair, Chief Executive Officer, and President of Cumberland Additive, Inc., a private company specializing in specialty metals additive manufacturing technologies, a position she has held since June 2022.

Her previous experience includes serving as Executive Vice President and President of Critical Mission Solutions at Jacobs Solutions Inc. from 2019 to 2022, and as Chief Executive Officer of RTI International Metals, Inc., a supplier of titanium products for aerospace, defense, and energy industries.

"Dawne is an accomplished executive who brings to the Board over three decades of significant leadership experience," said Robert S. Wetherbee, CMC’s Chairman of the Board, according to the company’s press release.

Hickton currently serves on the boards of Piedmont Lithium Inc. and VMO Aircraft Leasing. She holds a Bachelor of Arts from the University of Rochester and a J.D. from the University of Pittsburgh.

Commercial Metals Company provides products and technologies for the global construction sector, with manufacturing facilities primarily in the United States and Central Europe. The company maintains a healthy financial position with liquid assets exceeding short-term obligations and a current ratio of 2.86. InvestingPro analysis reveals 12 additional key insights about CMC’s performance and outlook, available through their comprehensive Pro Research Report.

In other recent news, Commercial Metals Company (CMC) reported its third-quarter fiscal 2025 earnings, which fell short of analyst expectations. The company’s earnings per share (EPS) were $0.74, missing the projected $0.84, while revenue reached $2 billion, slightly below the anticipated $2.05 billion. Despite these challenges, the company showed progress in its European operations, moving from a loss to a profit in its Europe Steel Group. Looking ahead, Commercial Metals expects sequential improvement in its financial results for the fourth quarter, targeting higher steel product margins and potential inorganic growth transactions. Analysts from firms like Bank of America and BNP Paribas have discussed the company’s performance, emphasizing the importance of overcoming recent operational challenges. The company is also focusing on strategic initiatives, including expanding proprietary products and improving operational efficiency. Additionally, CMC plans to invest significantly in its West Virginia project, with capital expenditures projected at $550 million for fiscal 2026.

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