New President at Amesbury Group

Amesbury Group President Rich Koopmann has resigned from the Amesbury Group to pursue a new venture. Jonathan Petromelis, senior vice president and chief financial officer (CFO) of the Amesbury Group, will succeed him as president.

Petromelis has served as CFO for more than 10 years concentrating on business development activities, and has more than 23 years of financial experience. He says he doesn’t plan to make any changes to the current company structure of four business units –window hardware, door hardware, sealing solutions and extrusion. He will work out of the company’s offices in Amesbury, Mass., and Sioux Falls, S.D.

“Amesbury is in a strong position in the fenestration industry,” said Petromelis. “Our depth of product development and geographic reach, together with our excellent service and delivery will help position us for continued growth during difficult times in the industry.”

“The transition should be smooth, as Jonathan has been a key player in all of our business growth for over 10 years,” Koopmann said.

Need more info and analysis about the issues?
CLICK HERE to subscribe to DWM magazine.