Industrial Metal Supply Co. has promoted David Pace to be president of the Sun Valley metal distributor.

Pace previously served as chief operating officer of the company and replaces Eric Steinhauer who becomes vice chairman. Stepping into the chief operating officer role is David Cohen, who had been senior vice president of business development and has been with the company for more than 20 years.

As president, Pace will oversee Industrial Metal’s strategic direction and growth initiatives. He will report to company owner and Chairman Neil Sherman.

Sherman called Pace a dedicated and hard-working team player.

“He brings an amazing amount of energy and creativity to the table and I could not be more pleased about his appointment to this critical role,” Sherman said in a statement.