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Universal Stainless names Bornak new finance chief

Keywords: Tags  Universal Stainless & Alloy Products, Michael Bornak, Douglas McSorley, Dennis Oates, Daniel Fitzgerald


NEW YORK — Universal Stainless & Alloy Products Inc. has appointed Michael D. Bornak vice president of finance, chief financial officer and treasurer effective June 3, replacing Douglas M. McSorley.

McSorley left Universal Stainless "to pursue new opportunities," the Bridgeville, Pa.-based company said.

Bornak most recently served as chief financial officer, treasurer, secretary and senior vice president of finance and administration for software company SeaChange International Inc. He previously worked at Tollgrade Communications Inc., Solar Power Industries, MHF Logistical Solutions Inc. and Portec Rail Products Inc.

"Doug played an important role in the acquisition of our North Jackson (Ohio) operation and its financing, which was the starting point for reshaping our company for future growth," Universal chairman, president and chief executive officer Dennis Oates said in a statement.


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