Universal Stainless & Alloy Products, Inc. Announces Executive Changes
March 19, 2021 at 04:17 pm EDT
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On March 15, 2021, Christopher T. Scanlon, Vice President of Finance, Chief Financial Officer and Treasurer of Universal Stainless & Alloy Products, Inc. and the Company’s principal financial and accounting officer, notified the Company of his intention to resign from his position with the Company to pursue another opportunity. The effective date of Mr. Scanlon’s resignation will be March 19, 2021. Dennis M. Oates, the Company’s Chairman, President and Chief Executive Officer, will serve as the Company’s interim principal financial and accounting officer through the conclusion of the search process for a successor to Mr. Scanlon.
Universal Stainless & Alloy Products, Inc. is engaged in manufacturing and marketing semi-finished and finished specialty steel products, including stainless steel, nickel alloys, tool steel and certain other premium alloyed steels. Its manufacturing process involves melting, remelting, heat treating, hot and cold rolling, forging, machining and cold drawing of semi-finished and finished specialty steels. It produces a variety of specialty steel grades using several manufacturing processes including vacuum induction melting (VIM), vacuum-arc remelting (VAR), electro-slag remelting (ESR) and argon oxygen decarburization (AOD). Its products are sold to service centers, forgers, rerollers and original equipment manufacturers (OEMs). Its customers further process its products for use in a variety of industries, including the aerospace, power generation, oil and gas, heavy equipment and general industrial markets. It also performs conversion services on materials supplied by customers.
UNIVERSAL STAINLESS & ALLOY PRODUCTS, INC. 
