Ascent Industries appoints Steckel as CFO

OAK BROOK - Ascent Industries Co. said Bill Steckel has been appointed chief financial officer.

He succeeds Aaron Tam, who has resigned. Oak Brook-based Ascent is an industrials company focused on the production and distribution of industrial tubular products and specialty chemicals.

Steckel brings to Ascent more than two decades of experience in operational finance, financial planning and analysis and treasury across a wide range of industries, as well as expertise in capital markets and mergers and acquisitions. Prior to joining Ascent, he spent over five years in multiple CFO assignments for manufacturing, distribution and technology companies.

Steckel was executive vice president and CFO at Telular Corp., a technology leader in 'Internet of Things' solutions for the commercial telematics, security and home automation markets. He previously served as CFO for Great Lakes Dredge & Dock Corp., the largest provider of dredging services in the U.S. with approximately $1 billion in revenue during his tenure.

"Bill brings to our organization a strong operational mindset and proven track record enhancing finance departments across both public and private companies, having spent multiple decades implementing transformative changes that resulted in significant financial improvements," said Chris Hutter, president and CEO of Ascent.