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Executive Moves
The Atlanta-based firm named new leadership with Rob Steigerwald as chief executive officer and Jake Stefan as president.
Published Feb. 15, 2023
Arco Design/Build, the general contractor for the largest industrial development in New York City, expects construction on the 14.2-acre, 1.3 million-square-foot site to be complete in the second quarter of 2023.
Courtesy of Turnbridge Equities
Arco Design/Build, an Atlanta-based construction company, announced a transition in key leadership on Feb. 14 with the promotions of Rob Steigerwald to chief executive officer and Jake Stefan to president.
Rob Steigerwald
Courtesy of Arco Design/Build
The moves follow the retirement of Rick Schultze, former CEO, who will continue to serve as co-chairman of the firm’s board. Mark Mummert, former president, will also serve as co-chairman with Schultze.
Steigerwald, the newly appointed CEO, brings over 30 years of experience in the construction industry, including time as an executive with Fluor and Jacobs Solutions. He led Arco Design/Build’s Philadelphia office and spurred the firm’s growth in the northeast, resulting in expansion offices in Baltimore, New York, Richmond and Raleigh-Durham, according to the release.
“Our entire team remains passionately committed to understanding the business of our customers and delivering solutions that solve their problems and better position them for growth,” Steigerwald said in the release.
Jake Stefan
Courtesy of Arco Design/Build
Stefan brings over 25 years of experience in construction. The new president of Arco Design/Build recently led the company’s build-to-suit division to deliver projects across various industries, including cold storage, food processing, manufacturing, life sciences, distribution centers and speculative development.
“Our growth and success today are possible thanks to the early work that was put into building the culture of the company around sound core values and hiring the best and brightest in the industry,” said Stefan in the release. “I am excited and energized around continuing my contributions to the company in ways that advance our organization forward as the builder of choice for end users, real estate developers and brokers looking to build successful projects.”
Arco Design/Build has 18 offices around the country. It is the general contractor on the Bronx Logistics Center, the largest industrial development in New York City. The firm expects construction on the 14.2-acre, 1.3 million-square-foot site to be complete in the second quarter of 2023.
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Arco Design/Build announced today the appointment of their new CEO and President, Chadwick Hayes.
Hayes brings with him a breadth of knowledge on finance and business operations, with over 20 years in the industry. He is a graduate of the University of Santa Barbara with a B.S. in Business and a Master’s degree from Columbia University.
Hayes most recently served as the CFO at Axiom, a leading provider of construction management software. In his time there, he was responsible for setting the company’s strategic goals, improving profitability and finding ways to streamline operations.
Commenting on his appointment, Hayes said he was “honored to be appointed as CEO and President of Arco Design/Build. I look forward to further developing relationships with our existing clients and cultivating new ones, while also focusing on bettering the business operations of the organization.”
Arco Design/Build is a leading provider of high-end design/build services in New York, and is part of the global Arco Group of companies. The firm has seen consistent growth over the last 5 years and is excited to have Hayes at the helm of their organization.
One of Hayes’ first initiatives will be to create and implement a plan to expand their portfolio of clients and services, while strengthening the existing business operations.
The appointment of Hayes marks an exciting time for Arco Design/Build and the Arco Group of companies. With Hayes at the helm, the company is sure to continue its success in the design/build industry.
