On June 2, 2017, the board of directors of Friedman Industries, Incorporated appointed Michael J. Taylor to serve as Chairman of the Board. Mr. Taylor also serves as a member of the Nominating Committee. Mr. Taylor was elected to the Board in December 2016. Mr. Taylor retired in 2014 from a 33 year career in the steel industry. Most recently, Mr. Taylor served as President of Cargill Metals Supply Chain from 2003 to 2014.