Ascent Industries Co. (ACNT)

9.47 +0.22 (+2.38%) As of 12:01PM EDT. Market open.

Ascent Industries Co.

1400 16th Street
Suite 270
Oak Brook, IL 60523
United States
630 884 9181
https://www.ascentco.com

Sector(s): Basic Materials
Industry: Steel
Full-time employees: 514

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Benjamin L. Rosenzweig	Executive Chairman	N/A	N/A	1985
Mr. J. Bryan Kitchen	President & CEO	N/A	N/A	1974
Mr. Ryan Kavalauskas	Chief Financial Officer	N/A	N/A	1984
Mr. Anthony Pan	Vice President of Sales & Business Development	N/A	N/A	N/A
Mr. John W. Johnson	President of Ascent Tubular	N/A	N/A	N/A
Mr. Robert A. Peay	Corporate Secretary	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Ascent Industries Co. an industrials company, produces and distributes stainless steel pipe and tube and specialty chemicals in the United States and internationally. The company operates through two segments, Tubular Products and Specialty Chemicals. It manufactures welded pipes and tubes, primarily from stainless steel, duplex, and nickel alloys; and ornamental stainless steel tubes for automotive, commercial transportation, marine, food services, construction, furniture, healthcare, and other industries. The company also produces defoamers, surfactants, and lubricating agents for end users, including companies that supply agrochemical paper, metal working, coatings, water treatment, paint, mining, oil and gas, and janitorial and other applications. In addition, it provides contract manufacturing services, as well as operates as a multi-purpose plant to process various difficult to handle materials, including flammable solvents, viscous liquids, and granular solids. The company was formerly known as Synalloy Corporation and changed its name to Ascent Industries Co. in August 2022. Ascent Industries Co. was founded in 1945 and is based in Oak Brook, Illinois.

Corporate governance

Ascent Industries Co.’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.