Marcone Group Appoints CEO
The new CEO replaces Avichal Jain, who helped grow the parts and equipment distributor across multiple verticals.
Marcone Group, which includes Marcone Commercial Kitchen, among other divisions, has appointed Asterios Satrazemis as its president and CEO.
Satrazemis succeeds Avichal Jain, who helped the parts and equipment distributor grow across multiple verticals, including appliance, HVAC, plumbing, pool and spa, along with commercial kitchen, which launched in 2022.
“We’re thrilled to welcome Asterios to Marcone,” says Rob Rutledge, managing partner at Genstar Capital, majority investor in Marcone, in a release. “His inclusive leadership style, industry expertise, growth orientation and dedication to operational excellence align perfectly with our long-term vision for Marcone. We’re confident that under his leadership, Marcone will continue to grow and deliver best-in-class service to our customers.”
Satrazemis brings extensive executive and global leadership experience, with a track record of successfully growing diverse, distributed service-based businesses, most recently as the CEO of BlueLine Rental and United Site Services.
Another new hire under the Marcone umbrella includes last week’s news of Crystal Van Velkinburgh joining the commercial kitchen division as its North Atlantic regional sales director.
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