这句话这样看比较直观:
Not just (was he)a reformer,Theodore Roosevelt was also a great president.
a reformer,与 a great president 为并列关系,同做表语,表示 Theodore Roosevelt 的属性.
用两个简单句表达原句意思:
Theodore Roosevelt was(Not just) a reformer.He was (also) a president.
由此可见,as 确属多余.