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News & Press: Member News

Metal Exchange Corporation Names Rick Merluzzi As CEO

Wednesday, October 2, 2019  
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AEC member company, Metal Exchange Corporation (MEC) recently announced that Rick Merluzzi has been promoted to Chief Executive Officer of MEC. Mike Lefton, current MEC Chairman and CEO, will assume the title of Executive Chairman. Merluzzi oversees all Metal Exchange Corporation businesses, including Metal Exchange Trading, Pennex Aluminum Company, Continental Aluminum and Electro Cycle, Inc. Merluzzi joined Metal Exchange Corporation 15 years ago as President of MEC subsidiary Pennex Aluminum Company, and for the past five years has served as President and Chief Operating Officer of MEC.

"Much of our success at MEC can be attributed to Rick Merluzzi's outstanding leadership," said Lefton. "Rick builds high performing teams internally, and creates valued partnerships externally. He is laser-focused on our vision to become an injury-free company, and has a passion for helping all in the MEC family reach their fullest potential," Lefton continued. Lefton concluded by saying, "Rick's actions exemplify the Metal Exchange Dual Bottom Line philosophy, where the safety, well-being, and fulfillment of everyone within MEC are held equal to our financial success. I have extreme confidence in Rick's ability to continue to lead Metal Exchange Corporation to new heights, as we continue our quest to impact our world and create raving fans."

"Metal Exchange has an incredible track record of success over its 45-year history. I am humbled and honored to work for this family-owned, people-focused organization, which has a long-term commitment to our industry," said Rick Merluzzi, newly appointed Chief Executive Officer of MEC. "We have grown substantially by focusing on helping our customers achieve success. This impressive growth is a direct result of the hard work and commitment of the many talented people throughout our company who embrace our core values of safety, integrity, respect and drive," concluded Merluzzi.

Metal Exchange Corporation is a private, family-owned company with global headquarters in St. Louis, Missouri. For more information, visit