After 20 years at the helm of Titan America, Aris Papadopoulos will retire as chief executive officer, effective Aug. 1, and become executive chairman of ST Equipment & Technologies, while also serving as an advisor.
Bill Zarkalis, a Dow Chemical veteran who was named chief financial officer in 2010 – two years after joining Titan Group as director of business development – will succeed Papadopoulos, working in a transition phase from mid-May to August. Michael Colakides will take over as CFO, effective May 16, shifting from a senior strategy advisor position at Titan Group. Prior to returning to the Group, Colakides spent more than a decade in several banking industry executive roles.
Commencing with a 1994 joint venture with Roanoke Cement, Papadopoulos led Titan America through a growth trajectory that included the acquisition of Tarmac America and Separation Technologies, modernizing the company’s two cement plants, numerous operational expansions and multiple concrete acquisitions.
“During Aris’ tenure, Titan America grew from a cement JV in Roanoke, Virginia, to the preeminent East Coast construction materials producer,” commented Dimitri Papalexopoulos, Titan Group CEO. “Aris, more than anyone else, has shaped Titan America over two decades.”