CCC Announces Ownership Change

CCC announces that after 53 years of distinguished leadership and service as owner and chairman, William Pettibone will begin the phasing out process for the executive management team of Stephen Fragnoli, Bradford Kimmel, Joel Lewandowski and Steven Teper to undertake ownership. Pettibone will remain as Chairman of the Board in an advisory role.

CCC has a long history of delivering services of unquestionable quality while leading industry safety. Founded in 1942 as a division of Commercial Carriers Corporation, CCC assisted the conversion of automotive plants to help the efforts of World War II. Don Beveridge and William Pettibone purchased the division from Commercial Carriers Corporation in 1946; and in 1961, Pettibone bought out Beveridge and became sole owner of CCC.

“Over the years, I have immensely enjoyed working with the leadership and employees of CCC in making this a great company and becoming a preferred contractor of choice to our clients. We have developed a culture that rewards teamwork, fosters pride in what we do, values family and relationships, encourages leadership and empowers individuals at all levels,” stated William Pettibone. “I am confident that the executive management team of Stephen Fragnoli, Bradford Kimmel, Joel Lewandowski and Steven Teper will continue to lead CCC to be the great company that it is.”

Stephen Fragnoli has 31 years of executive and financial experience with an emphasis in the construction industry. In 2001, he joined CCC as the Chief Financial Officer; and in 2007, was promoted to his current position of President and Chief Executive Officer. Fragnoli holds both a Master of Business Administration degree and a Bachelor of Business Administration degree from Wayne State University.

Bradford Kimmel has 18 years of experience in construction and started his career with CCC in 1999 as a project manager. In 2007, Kimmel was promoted to Vice President – Construction Division; and since 2011, he holds his current position of Executive Vice President – Construction Division. Kimmel holds a Bachelor of Science degree from Purdue University in building construction management.

Joel Lewandowski has 22 years of experience in the construction industry. In 2005, Lewandowski joined CCC as the Vice President of Operations – Installation Division; and in 2011, he was promoted to his current position of Executive Vice President – Installation Division. Lewandowski holds both a Bachelor of Science degree in construction management and an Associate of Science degree in construction engineering from Ferris State University.

Steven Teper has 22 years of experience in finance with an emphasis in the construction industry. He has been with CCC since 2007, and has held his current position of Chief Financial Officer since 2008. Teper holds a Master of Business Administration degree from Walsh College in accounting and a Bachelor of Business Administration degree from Eastern Michigan University in finance and accounting.

“With the transfer of ownership, CCC will continue to act as a family owned and operated company for our employees and clients. We will keep offering the same services that walk our clients through every step of the construction lifecycle, delivering projects that are safe, on time and within budget, along with maintaining our people-based safety program,” stated Stephen Fragnoli.