Stephen Eisenberg has been named chairman and CEO of Dearborn’s Kenwal Steel, the flat-rolled, full-service steel service center. Eisenberg is now also the company’s majority shareholder.
Kenwal Steel was founded by Eisenberg’s grandfather, Sol Eisenberg, in Detroit in 1947. Stephen Eisenberg succeeds his father, Kenneth Eisenberg, who led the company for the past 50 years.
“I am profoundly privileged to assume the helm of the company I love,” says Stephen Eisenberg. “It is an honor to lead the exceptional men and women who have helped make Kenwal Steel a critical part of manufacturing across the nation. The legacy of my father and grandfather taught me the importance of fostering and honoring the partnerships we have formed with our customers and mills; as well as those with our employees, who remain our most vital resource.”
In his new role, Eisenberg will continue to strengthen company culture and sustain the organic growth.
“Stephen has the experience, sharp insight, talent, and vision to take Kenwal into the future,” says Kenneth Eisenberg. “He has more than demonstrated to our customers and partners his considerable skill for sourcing the highest quality steel with unparalleled customer service.”
Stephen Eisenberg has been employed with Kenwal since 1992. He joined the Gary, Ind. facility in 1996. Under Eisenberg’s direction, the facility tripled its sales over the next five years, leading to the opening of a new service center in Burns Harbor, Ind. in 2004.
Eisenberg serves on the University of Michigan Depression Center National Advisory Board and is a board member of the Jewish Federation of Metropolitan Detroit.
Eisenberg completed a bachelor’s degree at the University of Michigan and a Master of Business Administration in finance from the New York University Stern School of Business.