Mill Steel Co, a leading distributor of flat-rolled carbon steel, stainless steel, and aluminum in the United States, has announced the appointment of Scott Hauncher as its new Chief Financial Officer. This strategic move is expected to enhance the company's financial operations and drive growth initiatives. With over 20 years of experience in financial services and private equity, Hauncher is poised to bring a wealth of knowledge and expertise to Mill Steel.
Before joining Mill Steel, Hauncher held the position of Partner at Huron Capital Partners, where he played a crucial role in managing private equity fund investments. His leadership was instrumental in creating and implementing strategic plans that resulted in significant revenue growth and investment returns across various sectors. This background aligns well with Mill Steel's vision of expanding its market presence and enhancing its financial strategies.
Hauncher’s career trajectory includes senior roles at Superior Capital Partners and Long Point Capital, where he successfully oversaw multiple industrial and distribution businesses. His efforts in driving company performance and executing successful acquisitions have been pivotal in those organizations. He began his professional journey at Deloitte, where he honed his skills in financial analysis and reporting. Hauncher graduated with honors from the Wharton School of Business at the University of Pennsylvania and later earned his M.B.A. from Northwestern's Kellogg School of Management, also graduating with honors.
Pam Heglund, CEO of Mill Steel Co, expressed her enthusiasm about Hauncher's appointment, stating, "We are thrilled to welcome Scott to the Mill Steel family. His impressive track record, coupled with his deep understanding of strategic growth initiatives, aligns perfectly with our vision for the future." This sentiment reflects the company’s commitment to strengthening its leadership team and enhancing its financial strategy in a rapidly evolving market.
In his new role, Hauncher will be responsible for overseeing all financial operations of Mill Steel. This includes driving strategic initiatives, managing financial reporting, and supporting the company’s long-term growth objectives. His expertise in strategic planning, financial forecasting, and operational execution will be critical as Mill Steel navigates the complexities of the steel distribution industry.
Founded in 1959 by Harry Samrick, Mill Steel Co has grown to become one of North America's largest steel and aluminum suppliers. The company is family-owned and nationally certified as a Women-Owned Business Enterprise. Headquartered in Grand Rapids, Michigan, Mill Steel operates six production facilities across the nation, including locations in Melvindale, Michigan; Birmingham, Alabama; Jeffersonville, Indiana; Houston, Texas; and the newest facility in Mansfield, Ohio. This extensive network allows Mill Steel to serve some of the most demanding industries with a steadfast dedication to quality, delivery, and performance.
