Ascent Industries Co. announced the promotion of Ascent Chemicals? Vice President of Financial Planning and Analysis Ryan Kavalauskas to Ascent?s CFO.

Mr. Kavalauskas, 40 succeeds CFO Bill Steckel, who will be leaving the Company to pursue other opportunities. Mr. Kavalauskas served as vice president of financial planning and analysis for Ascent Chemicals. Prior to Ascent, he was the CFO and Treasurer of Clearon Corp., serving alongside Mr. Kitchen, who was president, CEO and chairman at the time.

Mr. Kavalauskas also led the FP&A and treasury activities for Advancion Chemical Company, a carve-out from Dow that was also led by Mr. Kitchen during his tenure.