A man with more than 25 years of business experience is the new chief financial officer and partner at a local steel supplier.
Grand Rapids-based Mill Steel, which supplies flat-rolled carbon steel, said last month it has hired Marc Rabitoy for the role.
Rabitoy is a “seasoned financial leader” with experience in accounting and finance management. He has “consistently excelled” in executive roles throughout his career.
The company said his broad background in distribution and transportation will be “equally as valuable” as his "commercial knowledge."
David Samrick, Mill Steel CEO and chairman, said Mill Steel’s business partners “highly recommended” Rabitoy for the CFO role.
“I'm certain he will complement our leadership team and transition seamlessly into our people-first culture,” Samrick said.
Mill Steel operates five service center locations: Grand Rapids and Melvindale, Michigan; Anderson and Jeffersonville, Indiana; and Birmingham, Alabama.
Most recently, Rabitoy served as field finance managing director of the Consumer Packaged Goods division at Ryder Integrated Logistics. He was responsible for integrating the new division into its multi-billion-dollar public parent company, while continuing to grow the business.
Previously, he was VP of finance for Total Logistics Control, or TLC. While at TLC, he demonstrated his skill in financial strategy: treasury management, strategic business planning, internal control, financial analysis, accounting, corporate tax and risk management.
Rabitoy is a Certified Public Accountant, as well as a member of the American Institute of Certified Public Accountants and the Michigan Association of Certified Public Accountants.
Rabitoy formerly sat on the board of directors for the Grand Rapids Art Museum and Urban Institute of Contemporary Art, and he continues to remain active within those organizations.