People: AK Steel Holding Corp (AKS)
7 Dec 2016
Mr. Ralph S. Michael, III is an Independent Director of AK Steel Holding Corp. Mr. Michael brings a strong business, banking and financial background to the Board. Mr. Michael has held executive level positions with several companies in the insurance and financial sectors, including in his current capacity as President and Chief Executive Officer of Fifth Third Bank, Greater Cincinnati. Previously, Mr. Michael held various executive and management positions with Ohio Casualty Insurance Company, U.S. Bank and PNC Financial Services Group. As a result of these years of experience in executive management and financial services, Mr. Michael is one of the Board’s “audit committee financial experts.” His experience and background also enable him to provide valuable insights on a variety of Board oversight matters, including complex banking and financial issues. In addition, the Board and Management benefit from the experience and knowledge Mr. Michael provides from service on other public company boards. These include capital markets and finance matters as a former director for FBR & Co. and energy-related issues as a member of the board and Lead Director of Key Energy Services, Inc. He holds Bachelor of Arts degree in economics from Stanford University, Master of Business Administration degree from the University of California at Los Angeles (UCLA) Graduate School of Management. He serves on the board of directors of The Cincinnati Bengals, Inc. and the Cincinnati Center City Development Corporation.
|Total Annual Compensation, USD||144,083|
|Restricted Stock Awards, USD||96,250|
|Long-Term Incentive Plans, USD||--|
|All Other, USD||5,000|
|Fiscal Year Total, USD||245,333|