Your behavior appears to be a little unusual. Please verify that you are not a bot.


Cargas names new board of directors chair

November 9, 2020 By    

Keith Kuzio, retired CEO of Larson Design Group (LDG), was elected chair of Cargas’ board of directors, succeeding founder Chip Cargas.

Keith Kuzio headshot

Kuzio

Born and raised in Williamsport, Pennsylvania, Kuzio earned a civil engineering degree from Lehigh University and is registered as a professional engineer in Pennsylvania and New York.

Kuzio joined LDG, an employee-owned architectural, engineering and survey firm, in 1992 as a project engineer. He was named president in 2000 and served as CEO from 2005 until his retirement in April 2020.

Under Kuzio’s leadership, LDG transformed into a 100 percent employee-owned firm with a national reach, Cargas says.

LDG also transitioned to an employee stock ownership plan in 2002. Since then, annual revenue growth has averaged 12 percent, and the firm’s enterprise value has grown at an average of 19 percent per year, according to Cargas.

Kuzio was identified as a Cargas board chair candidate because of his cultural alignment to Cargas’ company purpose, vision and core values, Cargas says, and because of his experience scaling an employee-owned company from 50 to 365 employees.

The Cargas board was also seeking an independent director to provide an outside perspective at the chair level and to keep the CEO and chair roles separate, according to Cargas.

Kuzio aims to fulfill the board’s fiduciary responsibility to its shareholders by securing and scaling the Cargas culture, says Cargas. He also has an eye on continued leadership development so Cargas has the right people to head up the opportunities the organization wants to pursue.

Increasing diversity on the board and at all levels of the business is also a future focus, Cargas says.

Chip Cargas will remain a board director. He continues to serve in his part-time role of shared success advocate.

“I feel like we have a lot of great foundational pieces in place for the next generation to build upon thanks to Chip, and I’m really looking forward to working with Keith to build on that foundation,” says Nate Scott, president and CEO of Cargas.

About the Author:

Carly McFadden is associate editor at LP Gas Magazine. She is a graduate of Ohio University's E.W. Scripps School of Journalism and a native of Cleveland, Ohio. McFadden can be reached at cmcfadden@northcoastmedia.net.

Comments are currently closed.