NEW YORK--(BUSINESS WIRE)--May 23, 2016--
Steel Partners Holdings L.P. (NYSE:SPLP) (“SPLP” or the
“Company”), announced that the Company’s Chief Financial Officer, James
F. McCabe, Jr., resigned on May 19, 2016 to pursue other interests. Mr.
McCabe has also resigned as Chief Financial Officer of SPLP’s affiliates
Handy & Harman Ltd. (NasdaqCM:HNH) (“HNH”) and Steel Excel Inc. (Other
OTC:SXCL) (“SXCL”). Douglas B. Woodworth, Vice President and Controller
of HNH, has been promoted internally and will replace Mr. McCabe as
Chief Financial Officer of SPLP as well as of HNH and SXCL.
“On behalf of all of the Steel Partners portfolio of companies, I wish
to thank Jim for his many significant contributions over the past nine
years and wish him well in his future endeavors,” said Warren
Lichtenstein, Executive Chairman of SPLP. Commenting on Mr. Woodworth’s
appointment, Mr. Lichtenstein stated: “Doug joined the SPLP team in
2012. His well-earned promotion is evidence of the Company’s
considerable bench strength and a great example of how well the
Company’s Steel Grow talent management program is working. Doug has
grown and proven to be an accomplished executive with significant
financial and accounting expertise and we look forward to his continued
leadership in his new role as CFO.”
Mr. Woodworth has over two decades of progressive responsibility in
accounting and finance. Prior to joining SPLP, Mr. Woodworth was Vice
President and Corporate Controller with SunEdison, Inc. (formerly MEMC
Electronic Materials, Inc.), as well as Vice President and Corporate
Controller of Globe Specialty Metals, Inc. Prior to that, Mr. Woodworth
held positions of increasing responsibility with Praxair, Inc. Mr.
Woodworth began his career with KPMG LLP. Mr. Woodworth holds an MBA
from the Kellogg School of Management at Northwestern University, a
Master of Engineering Management from the McCormick School of
Engineering at Northwestern University, and a Bachelor of Science in
Accountancy from Miami (Ohio) University. Mr. Woodworth is a certified
public accountant.
About Steel Partners Holdings L.P.
Steel Partners Holdings L.P. is a global diversified holding company
that engages in multiple businesses through consolidated subsidiaries,
associated companies and other interests. It owns and operates
businesses and has significant interests in leading companies in various
industries, including diversified industrial products, energy, defense,
supply chain management and logistics, banking and youth sports.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160523005948/en/
Source: Steel Partners Holdings L.P.
Steel Partners Holdings L.P.
Douglas Woodworth, 914-461-1262
Dwoodworth@steelpartners.com
