Atlanta—Steve Basch, Shepard Vice President of Finance, will be promoted to CEO Jan. 1, 2017, succeeding Carl Mitchell who will become the company’s Executive Chairman. The move positions Shepard for long-term growth.
Mitchell, who purchased Shepard in 1982, and has since spearheaded the general service contractor in the events industry, announced the firm’s reorganization on November 1. His newly created role is part of a realignment of the leadership team to shape the company’s future and to ensure the continued advancement of services, productivity and technology.
“These changes underscore our commitment and responsibility to investing in the future of Shepard and our customers,” Mitchell said. “Make no mistake, I am not going anywhere; rather, evolving my role to focus my attention on strategies and partnerships that will continue to position Shepard for growth and success for generations to come.”
For the past four years, Basch has served as Shepard’s Vice President of Finance. In that job, he has succeeded in key roles of capital planning and strategic organization. Basch also was instrumental in implementing Shepard’s Employee Stock Ownership Plan, which provides associates with ownership interest in the company.
“I’m honored to take on this new role and to build on the culture Carl has created,” Basch said. “This is an exciting time for Shepard and for our employee-owners as we continue to grow the company while providing more value to customers.”