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A. M. Castle & Co. Appoints Interim CFO
10/03/2014 - A. M. Castle & Co., a global distributor of specialty metal and plastic products, value-added services, and supply chain solutions, announced the appointment of Patrick Anderson as interim chief financial officer effective 26 September 2014.
He succeeds Scott Stephens, who is leaving the company to pursue other business opportunities. Mr. Anderson will oversee the company's financial operations on an interim basis.
Mr. Anderson joined A. M. Castle in 2007 as Vice president, corporate controller & chief accounting officer. Prior to joining A.M. Castle, he was a senior manager at Deloitte, where he provided accounting and auditing services primarily to large publicly held multinational companies in the manufacturing and distribution sectors.
"On behalf of all of us here at A. M. Castle and our board of directors, I want to thank Scott for his service. Scott helped build a strong financial team at the company that positions us well to continue to execute our turnaround strategy. We wish him great success in his future endeavors," said Scott Dolan, chief executive officer of A. M. Castle. "I'm also excited that we have a strong contributor like Pat to insert into the CFO role. Pat brings two decades of accounting experience and a wealth of history with A. M. Castle to the role. We are highly confident in Pat's abilities to keep our transformation on track as we evaluate candidates for the permanent role as CFO."
Founded in 1890, A. M. Castle & Co. is a global distributor of specialty metal and plastic products and supply chain services, principally serving the producer durable equipment, oil and gas, commercial aircraft, heavy equipment, industrial goods, construction equipment, retail, marine and automotive sectors of the global economy. Its customer base includes many Fortune 500 companies as well as thousands of medium and smaller-sized firms spread across a variety of industries. Within its metals business, it specializes in the distribution of alloy and stainless steels; nickel alloys; aluminum and carbon. Through its wholly-owned subsidiary, Total Plastics Inc., the company also distributes a broad range of value-added industrial plastics. Together, Castle and its affiliated companies operate out of 46 service centers located throughout North America, Europe and Asia.
Mr. Anderson joined A. M. Castle in 2007 as Vice president, corporate controller & chief accounting officer. Prior to joining A.M. Castle, he was a senior manager at Deloitte, where he provided accounting and auditing services primarily to large publicly held multinational companies in the manufacturing and distribution sectors.
"On behalf of all of us here at A. M. Castle and our board of directors, I want to thank Scott for his service. Scott helped build a strong financial team at the company that positions us well to continue to execute our turnaround strategy. We wish him great success in his future endeavors," said Scott Dolan, chief executive officer of A. M. Castle. "I'm also excited that we have a strong contributor like Pat to insert into the CFO role. Pat brings two decades of accounting experience and a wealth of history with A. M. Castle to the role. We are highly confident in Pat's abilities to keep our transformation on track as we evaluate candidates for the permanent role as CFO."
Founded in 1890, A. M. Castle & Co. is a global distributor of specialty metal and plastic products and supply chain services, principally serving the producer durable equipment, oil and gas, commercial aircraft, heavy equipment, industrial goods, construction equipment, retail, marine and automotive sectors of the global economy. Its customer base includes many Fortune 500 companies as well as thousands of medium and smaller-sized firms spread across a variety of industries. Within its metals business, it specializes in the distribution of alloy and stainless steels; nickel alloys; aluminum and carbon. Through its wholly-owned subsidiary, Total Plastics Inc., the company also distributes a broad range of value-added industrial plastics. Together, Castle and its affiliated companies operate out of 46 service centers located throughout North America, Europe and Asia.
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