Michael R. Mahfet Appointed Chief Executive Officer of Ascent … – Yahoo Finance

MACOMB, Mich., March 8, 2017 /PRNewswire/ --Ascent Aerospace, LLC, announced today the appointment of Michael Mahfet as Chief Executive Officer, effective immediately. This role will be in addition to his current capacity as President of the company's newly expanded Ascent Integration & Automation Group ("I&A Group").

Joel Rotroff, Partner at American Industrial Partners, stated, "We are very excited to have Michael lead Ascent Aerospace as its CEO. Michael has a long history of success in leadership positions in the industrial automation sector, including most recently at ABB. Michael brings significant expertise in operational and commercial excellence, technical leadership and market focus. Ascent is very well positioned to serve our customers as a market leading solutions provider, with a 'One Ascent' business model at the forefront of our messaging."

"We want to thank Brian Williams for his significant contributions to Ascent Aerospace's success over the last four years as CEO," said Joel Rotroff. "Ascent Aerospace is performing strongly today and is well positioned for the future."

"I am humbled and grateful to become CEO of Ascent Aerospace and look forward to working with and leading our world class employees," said Michael Mahfet. "Ascent is in a wonderful position to continue streamlining its coordinated activities across its global footprint and technology portfolio. Through simplified, standardized and streamlined processes, we will be able to deliver a world class execution model, bringing smart tooling and integrated solutions to the market which address critical 'rate' and 'automation' needs for our aerospace customers."

About Michael MahfetMichael has been leading Ascent Aerospace's Integration & Automation business group for the last six months and previously was Group Vice President and Head of Account Management, ABB Americas. Michael brings over 20 years of experience leading organizations across multiple disciplines at Chrysler, GE and ABB. Michael holds a Bachelor of Science and Master of Science in Engineering from Oakland University in Rochester, MI.

About Ascent Aerospace, LLCConsisting of the Integration & Automation Group and the Tooling Group, Ascent Aerospace is one of the leading providers of tooling systems, factory automation and integration solutions to the global aerospace industry. Visit http://www.ascentaerospace.com for more information.

Ascent Aerospace ContactMs. Courtney Sturniolo, Marketing Manager Courtney.Sturniolo@AscentAerospace.com Tel: +1 714 389 1361 Mobile: +1 949 382 0962

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Michael R. Mahfet Appointed Chief Executive Officer of Ascent ... - Yahoo Finance

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