Steve Rask

Steve Rask

Senior Auditor

location of Steve RaskDenver Metropolitan Area

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  • Timeline

  • About me

    Chief Executive Officer at AC Summit

  • Education

    • Northern Illinois University

      1988 - 1993
      Bachelor’s Degree Accountancy
  • Experience

    • Deloitte

      Aug 1993 - Nov 1995
      Senior Auditor
    • KATY Industries Inc

      Nov 1995 - Oct 1997
      Assistant Controller
    • ACX Technologies / CoorsTek

      Oct 1997 - Feb 2003
      Vice President Controller

      Leadership – Lead all financial areas of the Company. Developed strong teams and staff. Member of executive management team responsible for development and execution of corporate strategy.Board Relations – Extensive experience in board of directors’ meetings and presentations. Guided board through sale of the company through a going-private transaction. Presented company financial results, forecasts and budgets, capital financing transactions and acquisitions. Responsible for audit committee meetings. Equity Issuances – Involved in multiple equity offerings. Participated in all aspects of offering with primary responsibility for the registration statement and coordination of bankers, lawyers and accountants. Managed company stock option program and transfer agent.Debt Financing – Raised over $400 million in debt financing. Financings included cash flow credit lines, secured credit lines, private placements, operating lease lines and capital leases. Responsible for negotiations and compliance reporting.SEC Reporting – Extensive experience in SEC reporting including form 10-K, 10-Q, 8-K, proxies and registration statements. Corporate Governance – Coordinated the implementation of Sarbanes-Oxley Act requirements. Created company code of conduct. Responsible for compliance program. Treasury – Created treasury department including cash management, foreign currency hedging, and short-term investments. Managed daily liquidity and short and long-term cash requirements. Other areas of responsibilities: investor relations, financial planning and analysis, and benefit plans. Show less

    • CoorsTek, Inc

      Feb 2003 - Jan 2017
      Chief Financial Officer

      Leadership – Led all financial and administrative areas of a multinational privately owned organization. Successfully led organization through major events; including public spin-off, go-private transaction, and great recession. Capital Structure and Financing – Created and responsible for the capital structure and global liquidity. Implemented tax structure to improve after-tax yields for shareholders. Recapitalized group to lower cost of capital and reduce total debt. Governance – Managed bank, audit, legal and tax relationships for the ownership group ensuring appropriate corporate governance objectives were achieved. Responsible for performance of operating entities and affiliates through Board of Director and CFO roles. Served on and led audit and compensation committees.Operations and Management – Built and developed several management teams in mature and start-up companies. Broad organizational experience including operations and the finance, R&D, legal, HR, IT, risk management and environment, health and safety functions. Also responsible for the lean, six sigma and quality functions. Program resulted in industry leading EBITDA and working capital performance.Acquisitions and Divestitures – Led and closed in excess of 40 acquisitions and divestitures. Responsibilities included valuation, due diligence, negotiations, financing, and integration. Experience included many foreign transactions: Korea, Japan, Brazil, European Union, Canada, and Scandinavia. Investment Management – Created internal venture fund and private equity fund. Advised on deals, management teams and operating company business plans. Show less

    • CCRM Management Company

      May 2017 - Jun 2018
      Chief Financial Officer

      CCRM is one of North America's leading infertility treatment centers, providing a wide spectrum of infertility treatments ranging from basic infertility care to advanced in vitro fertilization (IVF) technology.

    • AC Summit

      May 2018 - now

      AC Summit is a private equity investment company.

      • Chief Executive Officer

        Jun 2019 - now
      • Chief Operating Officer

        May 2018 - Jun 2019
  • Licenses & Certifications

    • CPA

      Colorado