Titan America CFO Zarkalis to succeed CEO Papadopoulos
- Written by Concrete News
Sources: Titan Group, Norfolk, Va.; CP staff
After 20 years at the helm of Titan America, Aris Papadopoulos will retire as chief executive officer, effective August 2014, and become executive chairman of ST Equipment & Technologies, while also serving as an advisor.
A Dow Chemical veteran who was named chief financial officer in 2010— two years after joining Titan Group as director of Business Development—Bill Zarkalis will succeed Papadopoulos, working in a transition phase from mid-May to August. Michael Colakides will become Group chief financial officer, shifting from a senior strategy advisor post he assumed at Titan Group after more than a decade in banking industry executive roles.
Company officials underscore Papadopoulos’ instrumental role in building today’s Titan America. Commencing with a 1994 joint venture involving Roanoke Cement, he led Titan America on a growth trajectory that included the acquisition of Tarmac America and Separation Technologies; modernizing the company’s two cement plants; numerous operational expansions; and, multiple concrete production business deals.
“During Aris’ tenure, Titan America grew from a cement JV in Virginia to the preeminent East Coast construction materials producer,” says Titan Group CEO Dimitri Papalexopoulos. “More than anyone else, [he] has shaped Titan America over two decades.”