L. Wainscott, awarded 2010 Gary Memorial Medal
The American Iron and Steel Institute (AISI)
announced that James L. Wainscott is the 2010 recipient of the
Gary Memorial Medal, the Institute’s highest honor. Wainscott,
AK Steel Corporation chairman, president and CEO, was recognized
with the award at the AISI 118th General Meeting.
In presenting the award, 2010-11 AISI chairman Daniel R. DiMicco,
chairman, president and CEO of Nucor Corporation., praised Wainscott
for providing the commitment and leadership that was so significant
during a period of economic crisis brought on by the global recession.
Established in 1927, the Gary Medal is named for Judge Elbert
H. Gary, the first president of AISI. The medal recognizes an
individual for his or her remarkable lifelong contributions to
the North American steel industry.
Wainscott has served the steel industry for nearly 30 years,
beginning his steel career with the former National Steel Corporation
where he held a number of executive level positions. In 1995,
Wainscott joined AK Steel as vice president and treasurer and
was named chief financial officer in 1998. In 2003, he was named
president, CEO and a member of the board of directors of AK Steel.
In January of 2006, he was named chairman of the board of directors.
Wainscott is also a member of the board of directors of the Parker
Under Wainscott’s leadership, AK Steel has achieved a dramatic
turnaround to become a financially solid and globally-competitive
Wainscott recently served as AISI’s 2009-2010 chairman, and previously
served as the chairman of the Institute’s policy and planning
committee and as chairman of its finance committee.
In addition to his service to AISI, he is a member of the Business
Roundtable (and is a past board member of the Specialty Steel
Industry of North America). He is vice chairman of the board
of directors of the Good Samaritan Hospital Foundation (Cincinnati),
a member of the campaign board of Ohio Cancer Research Associates,
and a member of the Executive Advisory Board of Ball State University’s
Miller College of Business.