Understand the difference between branding and marketing and the importance of brand tone and language through tips, insights and case studies.
President & Chief Executive Officer Gregg Mollins calls himself a “field man”: he relishes meeting, interacting with, and – now, with 39 years’ experience – mentoring the people whose hard work and dedication make Reliance what it is.
Admittedly “not one for the books,” Gregg directed his problem-solving instincts towards the metals business at a very young age.
Starting off as a warehouseman, he worked his way up, not shying away from new opportunities or challenges, and thus gaining experience in all aspects of the business.
Kolton opposed the idea of a merger with the New York Stock Exchange while he headed the exchange saying that "two independent, viable exchanges are much more likely to be responsive to new pressures and public needs than a single institution".
In 1977, Thomas Peterffy purchased a seat on the American Stock Exchange and played a role in developing the electronic trading of securities.
Curb brokers in Wall Street, New York City, 1920, a year before the trading was moved indoors. Hill described the curb trading on lower Broad Street as "a roaring, swirling whirlpool...
like nothing else under the astonishing sky that is its only roof.” The exchange grew out of the loosely organized curb market of curbstone brokers on Broad Street in Manhattan. The curb brokers had been kicked out of the Mills Building front by 1907, and had moved to the pavement outside the Blair Building where cabbies lined up.
When she graduated, the company (Ernst & Young, LLP) hired her full time, and she made her permanent move west.
Peterffy created a major stir among traders by introducing handheld computers onto the trading floor in the early 1980s.
In June 2016, a competing stock exchange IEX (which operated with a 350-microsecond delay in trading), gained approval from the SEC, despite lobbying protests by the NYSE and other exchanges and trading firms.
As leadership shifted following Reliance’s IPO, Gregg became Chief Operating Officer in 1995.
He joined the Board of Directors in 1997, and since 2002 he has served as the company’s President, to whom all Senior Vice Presidents report.