Graycor Inc.

Graycor Hires Steve Cieslak as New Chief Financial Officer

OAK BROOK TERRACE, IL, November 9, 2022 – Graycor is pleased to announce that Steve Cieslak has joined its team as Chief Financial Officer (CFO). Cieslak has previously served as CFO of North America at Nordex Group, a manufacturer of wind turbines with more than $1 billion in annual revenue. In his new role, Cieslak will be responsible for Graycor’s information technology, corporate level finance and accounting, including production of financial statements, receivables, payables processes, payroll and financial controls. He will work out of the Oakbrook Terrace, Ilinois office and serve as a member of the company’s Executive Committee.

“Steve brings an exceptional track record of delivering results and creating value. His strong leadership and understanding of all aspects of the financial business will be a great asset to Graycor,” says David L. Wing, Graycor President. “Steve will position us well as Graycor moves forward on our financial, operational and cultural transformation.”

“I am excited to join Graycor at this point in time. As a 100-plus year-old company, Graycor is a well-establish firm that is also forward thinking,” stated Steve Cieslak. “I look forward to partnering with our operations and leadership teams across all regions to create long-term value for the company and our clients.”

Cieslak was most recently the CFO at Nordex, a position he had held since 2012. He started as manager of financial planning and analysis at the company in 2008. During his time at Nordex, he oversaw a period of tremendous growth as the firm grew from a $200 million a year business to a $1 billion business over the course of three years.

Prior to joining Nordex, Cieslak served in financial roles with IAC Group, Textron Fastening Systems and Federal Mogul. He holds a master’s degree in management from the University of Iowa and a bachelor’s degree in Finance and MIS from Western Michigan University.

About Graycor Inc.

Founded in 1921, Graycor is a leading provider of construction, maintenance and facilities services throughout the U.S., Canada, and Mexico. Graycor offers clients in a variety of industrial and commercial markets the strength and experience needed to tackle the most sophisticated projects and the flexibility to meet their toughest challenges. The Graycor group of companies employs more than 1,000 construction specialists at its headquarters in Oakbrook Terrace, IL, regional offices and project sites throughout North America. For more information visit