Sheridan Alumnus, Ward Seymour, was inducted into the PSB Hall of Fame
WARD HAMILTON MERRITT SEYMOUR
Sheridan Alumnus: Business Administration Accounting 1977
Former Owner, Chairman, CEO & President (Retired), ASA Alloys
As Chief Executive Officer and Owner of ASA Alloys, Ward Seymour had a special policy about meetings. “I could meet after 5:00 p.m. or before 8:00 a.m. but not when the market was open and in full swing.” He was too busy staying one step ahead of his competition. Ward was at the helm of the company for more than 33 years, overseeing its growth to become Canada’s largest independently-owned specialty steel distribution firm with eight locations across the country.
Ward began working in the steel industry in 1974, the same year he came to Sheridan to study business. During the summers he applied what he learned to his job at Newman Steel in Oakville, joining the company full-time after graduating in 1977. Six years later, he left Newman to join two colleagues who had started Aluminum Shapes and Alloys in North York. Like many career decisions, it was not without risk, but the future looked bright. In an unexpected turn of events, his colleagues soon left, and the company’s owner offered to sell Aluminum Shapes and Alloys to Ward. Sensing opportunity, he took the plunge and became the owner in 1983, changing the name to ASA Alloys.
Over the years, ASA Alloys earned a reputation for punching above its weight, gaining several large international companies as clients, including Atlas Steel. Ward believes that having a good product, as well as a group of talented people are key components to success and he is proud that almost all of the original 18 staff members at ASA Alloys remain at the 50-employee company headquarters.
After selling ASA Alloys in 2007, Ward stayed on as President, before becoming Chairman and CEO of the company now known as ASA Alloys/Magna until he retired in 2012. Today, he passes on his hard-won wisdom to the next generation of business leaders.
Sheridan provided me with the fundamental knowledge that I needed to get started in business. Equally important were the relationships that I built with some of my professors. Sheridan also helped me to develop creative problem solving skills which were critical to my success as an entrepreneur.