Universal Stainless Finance Chief Announces Resignation
03/30/2015 - Universal Stainless & Alloy Products, Inc. announced that Michael D. Bornak, vice president of finance, chief financial officer and treasurer of Universal Stainless & Alloy Products Inc., notified the company of his intention to resign from his position.
The effective date of Mr. Bornak's resignation will be determined by mutual agreement between him and the company. The company has commenced a search for Mr. Bornak's replacement. The company intends to continue to retain the services of Mr. Bornak in his current role in order to provide for a smooth transition.
Chairman, President and CEO Dennis Oates commented: "In the time that Mike has been with Universal Stainless he has brought some much needed leadership and organization to the finance function and staff. I want to acknowledge the contribution that Mike made to Universal Stainless, and wish him success in his future endeavors."
Michael Bornak commented: "I have enjoyed working with the entire Universal management and finance teams, but at this juncture, it is time for me to concentrate my efforts on other matters."
Chairman, President and CEO Dennis Oates commented: "In the time that Mike has been with Universal Stainless he has brought some much needed leadership and organization to the finance function and staff. I want to acknowledge the contribution that Mike made to Universal Stainless, and wish him success in his future endeavors."
Michael Bornak commented: "I have enjoyed working with the entire Universal management and finance teams, but at this juncture, it is time for me to concentrate my efforts on other matters."
