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.
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.
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.
