Universal Stainless Announces New Addition to Board
10/22/2007 - Universal Stainless & Alloy Products announces that Dennis M. Oates has joined the company's Board of Directors, filling the independent Board seat left vacant by the retirement of George Keane in May.
Universal Stainless & Alloy Products, Inc. announced that Dennis M. Oates has joined the company's Board of Directors, filling the independent Board seat left vacant by the retirement of George Keane in May.
“We are very pleased to have an individual of the caliber of Dennis Oates join our Board,” commented Chairman and CEO Mac McAninch.
Oates, 55, brings extensive steel industry experience to his new position, having most recently served as Senior Vice President of the Specialty Alloys Operations of Carpenter Technology, which he joined in 2003. From 1997 to 2002, he was President and CEO of TW Metals, a private metals distribution and processing company. He held the post of President and Chief Operating Officer for Connell Limited Partnership, a privately held company that operated six metals businesses.
In addition to serving as a company director, Oates also will serve on each of the established committees of the four-member Board. “We see exciting growth opportunities for our company and will benefit greatly from Dennis's substantial experience and broad industry view,” added McAninch.
Oates began his steel industry career Lukens Steel Co., a producer of steel plates and a subsidiary of Lukens Inc., where he held positions of increasing responsibility, ultimately becoming President and Chief Operating Officer of Lukens Steel. He is also a past Chairman of the North American Specialty Metals Council and previously served on the Metals Service Center Institute Board of Directors. He holds a bachelor's degree in economics from the Wharton School of the University of Pennsylvania and an MBA from Temple University.
Headquartered in Bridgeville, Pa., Universal Stainless & Alloy Products manufactures and markets a broad line of semi-finished and finished specialty steels, including stainless steel, tool steel, and certain other alloyed steels. The company's products are sold to rerollers, forgers, service centers, original equipment manufacturers and wire redrawers.
