Rosendin Holdings, the parent company of electrical subcontractor Rosendin Electric, has revamped its executive structure in an effort to improve decision-making and employee opportunities, the company announced Jan. 28.
With the change, Rosendin Holdings has transitioned to a co-president model with Keith Douglas at the helm as CEO. Paolo Degrassi and Justin Tinoco will act as co-presidents, per the announcement. In addition, the company has expanded its leadership team to 15 people.
Rosendin Holdings made the moves to grow in specific markets, deepen customer relationships and alignment and create long-term opportunities for employees, per the announcement. Rosendin Electric is the largest employee-owned electrical contractor in the U.S.
In this role, Degrassi will continue leading projects in San Jose, California-based Rosendin’s core markets, including data centers, semiconductor facilities and commercial developments. The data center market has caught fire over the past year, with contractors looking to capitalize on the opportunities the builds present.
Data centers are integral to the company’s growth strategy, with some of Rosendin’s customers providing forecasts of work as far as 10 to 20 years from now, Douglas told Construction Dive via email.
“Over the next five years, we are preparing for this growth by investing in the people, processes and technologies required to deliver at scale – capabilities that also elevate our performance in other critical market sectors,” Douglas said.
Tinoco will lead high-growth initiatives across what Rosendin considers critical sectors: energy solutions, data centers and artificial intelligence. He will also lead Modular Power Solutions, an offsite manufacturing company and wholly owned subsidiary of Rosendin Holdings.
“As our customers expand rapidly – particularly in emerging and high-growth sectors – this new leadership model allows us to move faster, stay aligned, and respond with precision while maintaining the high standards that define Rosendin,” Tinoco said in the announcement.
In addition to Tinoco’s appointment, Rosendin has expanded its broader leadership team. Simon Harkins, Matt Lamb, Cannon McAdoo, Matt Orosz, Scott Risch, Stephanie Roldan and Brandon Stephens have all been promoted from vice president to senior vice president. They join the existing senior vice presidents, David Elkins and Fred Meeske, on the 15-person leadership team.