Bornak succeeds Douglas M McSorley, who has left Universal Stainless to pursue new opportunities.

Bornak recently served as CFO for SeaChange International, and has also been CFO for Tollgrade Communications, Inc, Solar Power Industries, MHF Logistical Solutions and Portec Rail Products, Inc.

"Mike Bornak is an effective, high-energy executive who has a proven track record of optimising financial operations and accomplishing organsational transformation throughout his career,” said Dennis Oates, chairman, president and CEO of Universal Stainless. “We welcome him to our team, where he will play an essential role in the next phase of the transformation currently under way at Universal Stainless."

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