Friedman Industries Appoints Gaurav Chhibbar as New Chief Operating Officer.

Friedman Industries, a US-based company, has appointed Gaurav Chhibbar as its new Chief Operating Officer (COO) effective July 10, 2025. Chhibbar brings extensive experience in operations excellence, strategy, corporate finance, and M&A due diligence from his previous roles at Boston Consulting Group, Metal Edge Partners, and Cargill Inc. His expertise is expected to drive growth and innovation at Friedman Industries.

Friedman Industries, Incorporated (NASDAQ/GS: FRD), a leading manufacturer and processor of steel products, has announced the appointment of Gaurav Chhibbar as its new Chief Operating Officer (COO) effective July 10, 2025. Chhibbar brings extensive experience in operations excellence, strategy, corporate finance, and M&A due diligence from his previous roles at Boston Consulting Group, Metal Edge Partners, and Cargill Inc. [1]

Gaurav Chhibbar, who holds a Master of Business Administration from The University of Chicago Booth School of Business, a Master of International Business from the Indian Institute of Foreign Trade, and a Bachelor of Engineering from Panjab University, will join Friedman Industries to enhance its operational efficiency and drive continued success. His expertise in operations excellence and strategic management has been instrumental in driving growth and innovation in various sectors. [2]

Michael Taylor, President and Chief Executive Officer of Friedman Industries, expressed confidence in Chhibbar's leadership, stating, "We are excited to welcome Gaurav to our leadership team. His proven track record and strategic vision align perfectly with our goals for the future. We are confident that Gaurav's leadership and his unique combination of broad business experience and steel industry knowledge will enhance our operational efficiency and drive our continued success." [1]

Friedman Industries, headquartered in Longview, Texas, operates plants in Hickman, Arkansas; Decatur, Alabama; East Chicago, Indiana; Granite City, Illinois; Sinton, Texas, and Lone Star, Texas. The company's two reportable segments are flat-roll products and tubular products. The flat-roll product segment processes hot-rolled steel coils, while the tubular product segment manufactures electric resistance welded pipe and distributes it through its Texas Tubular Products division. [1]

For further information, contact Alex LaRue, Chief Financial Officer – Secretary and Treasurer, at (903)758-3431.

References:
[1] https://www.marketscreener.com/quote/stock/FRIEDMAN-INDUSTRIES-INCOR-15364/news/Friedman-Industries-Appoints-Gaurav-Chhibbar-as-Chief-Operating-Officer-50501754/
[2] https://www.stocktitan.net/news/FRD/friedman-industries-appoints-gaurav-chhibbar-as-chief-operating-zd8jkk6mm8fs.html