ARCO Design/Build Announces Leadership ChangesARCO Design/Build Announces Leadership Changes
ARCO Design/Build announces the transition of founder Rick Schultze from CEO to co-chairman of the Board of Directors and naming new leaders Rob Steigerwald as CEO, and Jake Stefan as president of ARCO DB Companies Inc.
February 15, 2023
ARCO Design/Build, a design-builder of light industrial and commercial projects, has announced a transition in key leadership, as Rick Schultze, co-founder and co-chairman of the parent company, retires as chief executive officer and continues to serve as co-chairman of the Board of Directors. Mark Mummert, former president and current co-chairman of the parent company, will serve in this role alongside Schultze.
ARCO also promoted Rob Steigerwald to CEO and Jake Stefan to president of parent company, ARCO DB Companies. Together, the team provides leadership for the parent company that includes eighteen divisional offices in cities around the country and thirty-two total divisions comprising ARCO DB Companies.
"We're honored to continue to build upon the legacy of leadership that Rick Schultze and Mark Mummert provided to ARCO Design/Build, our associates, and our valued clients," said Steigerwald. "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 brings over 30 years of experience in the construction industry, having worked as an executive with Fluor Corporation and Jacobs Solutions, and collaborating with some of the nation's most respected industrial corporations. His leadership at the ARCO Philadelphia office produced exceptional growth and success in the northeast, resulting in expansion offices in Baltimore, New York, Richmond, and Raleigh-Durham.
"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," says Stefan. "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."
With more than 25 years of experience in the industry, Stefan brings a wealth of knowledge and extensive relationships to his new role as president of the parent company. Stefan most recently led the ARCO Design/Build Build-To-Suit division guiding the delivery of national design-build solutions for clients across various industries, including cold storage, food processing, manufacturing, life sciences, distribution centers, and speculative development.
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