Mr. Carano was elected Vice President, Chief Financial Officer and Treasurer when he joined the Company in May 2020. He previously served as Chief Financial Officer of Big River Steel since 2019. Prior to Big River, Mr. Carano served in senior management roles with Babcock & Wilcox Enterprises from 2013 to 2018, including Senior Vice President, Finance and Controller of their Industrial Segment, Senior Vice President, Corporate Development and Strategy, and Corporate Treasurer. Mr. Carano also has 14 years of investment banking experience serving as a Managing Director with Bank of America Merrill Lynch, and in various roles of increasing responsibility with Deutsche Bank and First Union Securities. He earned a bachelor of arts degree from Vanderbilt University and a master's degree in business administration from Northwestern University's Kellogg Business School.