Page 6 - Rosendin Corporate Newsletter_Q1 2020

Rosendin Announces Changes to Executive Team
New Leadership
2020
Facing the retirement of three
executives with more than a century
of combined experience at the top
of its leadership pyramid, Rosendin
began working on a succession plan
nearly three years ago that produced
five major appointments in December
2019.
On January 1, 2020, Mike Greenawalt
of Tempe, Arizona, became CEO, and
Paolo Degrassi of Anaheim, California
stepped into the role of President,
taking spots previously filled by
CEO Tom Sorley and President Larry
Beltramo. Sorley, who held the top
job 21 years, and Beltramo, who
has 44 years with the company, are
retaining their seats on the Rosendin's
Board and remain in the company
6 The Feeder | Issue 1, 2020
Rosendin Announces Changes to Executive Team
Mike Greenawalt
Chief Executive Officer
Mike has over 40 years of construction industry experience beginning
his career as an Apprentice Electrician. He joined Rosendin in 2002 as
a Division Manager in the Arizona office and grew the office and team,
becoming Vice President of Operations. Mike’s management and field
experience have provided him with the skill-set and expertise to grow
highly technical and effective operations teams across the country.
As Chief Executive Officer, Mike will continue to build on Rosendin’s
foundations to lead, inspire, and build while positioning the company as
an innovative industry leader.
Paolo Degrassi
President
Paolo began his career as an Apprentice Electrician in 1985 and spent 19
years in the field before moving into project management. In 2006, he
started at Rosendin as a Senior Project Manager on the design-build,
mixed-use Hollywood and Vine project in Hollywood, CA. He was quickly
recognized as a leader, being promoted to Division Manager in the Los
Angeles office and then to Vice President, where he oversaw multiple
divisions in Southern California. As President, Paolo, alongside Mike
Greenawalt, will continue to build, enhance, and maintain Rosendin’s
relationships with clients, industry partners, NECA, and IBEW nationwide.
through 2020 as mentors for the new secret locations and lock ourselves in stockholders spread over 17 offices about the leadership that this gave Greenawalt began in the construction
team. conference rooms and hotels all over from Hawaii to the East Coast. The us." industry as an apprentice electrician
the country and spend days making company is No. 2 on the Silicon more than 40 years ago and joined
With increased growth, it was the plans for this.” Valley Business Journal's 2019 List of Greenawalt said that Rosendin's Rosendin as a Division Manager in
determined the need to have two Electrical Contractors in Silicon Valley, headquarters will remain in San its Arizona office. Degrassi began
COOs, Matt Englert of San Jose, Rosendin was founded by Moses ranked by the number of electricians Jose, which is still the highest area of as an apprentice electrician in 1985
California over the West Region and Rosendin in 1919 as Rosendin Electric in Silicon Valley offices. Rosendin has growth. “Even in the worst of times, and has been with Rosendin since
Keith Douglas of Sterling, Virginia, Motor Works with eight employees also been ranked year-over-year as a the Bay Area is amazing compared to 2006, working mostly in Southern
over the East Region. Their positions and a garage on Race Street in San Best Place to Work. the rest of the country.” California.
grew out of a restructuring due to the Jose where it serviced an agricultural
retirement of Executive Vice President community by wiring homes, Despite the long succession planning The second strongest market is Douglas began his career in Sterling,
Jim Hawk at the end of next year. rewinding well pumps and building effort, Greenawalt said the employee around Washington, D.C., where Virginia, with the company in 2012;
Justin Tinoco of San Jose, California power lines for electric companies. ownership model made the process Greenawalt says the market driver Englert has been with Rosendin
became the new Executive Vice simpler than for publicly held is the growing concentration of 19 years beginning as an assistant
President. Rosendin, now the nation’s largest companies. data centers in Ashburn, Virginia, project manager. Tinoco is another
employee-owned electrical contractor the commercial market, federal former apprentice electrician, joining
“This is a very, very big thing for our with more than $2 billion in annual “We're not chasing a stock price,” work, and secret work. Baltimore Rosendin in 2001 in the last year of
company,” Greenawalt said. “It was revenue, celebrated 25 years of he said. “We don't have to please is a healthcare-driven market and his apprenticeship.
early 2017 when the retirement dates employee-ownership pin 2018. About the perceptions that Wall Street has Charlotte is commercial work.
were announced. We would travel to 1,800 of its 6,500+ employees are
Issue 1, 2020 | The Feeder 7