Titan Group announced that after 20 years at the helm of Titan America, Aris Papadopoulos will be retire from the position of CEO, effective 1 April 2014. He will become executive chairman of ST Equipment & Technologies (STET), reporting to the Group CEO and will also serve as an advisor.
Commencing with a 1994 joint venture with Roanoke Cement, Mr Papadopoulos led Titan America through a growth trajectory that included the acquisition of Tarmac America and Separation Technologies, modernising the company's two cement plants, numerous operational expansions and multiple concrete acquisitions.
Bill Zarkalis, Group CFO since 2010, will succeed Mr Papadopoulos. Mr Zarkalis joined the group in 2008 as director of Business Development. He previously held executive positions at Dow Chemical.
As CEO-designate, Mr Zarkalis will work closely with Mr Papadopoulos to ensure a smooth transition. Michael Colakides will become Group CFO, effective May 16, 2014. He recently returned to the group as senior strategy advisor after more than a decade in several banking industry executives roles.
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