
MADISON HEIGHTS, Mich. – McNaughton-McKay Electric Company announced Tuesday that Donald D. Slominski, Jr., chairman and chief executive officer, will retire from the CEO role on March 31.
The board of directors has appointed Mark Borin to succeed Slominski as CEO on April 1. Following this transition, Slominski will continue to serve on the organization’s board of directors in the role of executive chairman.
Don SlominskiMcNaughton-McKay
Slominski joined McNaughton-McKay in 1996 as the director of finance and was elected president and CEO in 2005. A steadfast and strategic leader, Slominski guided McNaughton-McKay through the successful transition from a family-owned to an employee-owned organization, delivering a number of strategic acquisitions and transforming the company from 800 employees and $450 million in revenues to 1,750 employees and $2.2 billion in revenues. As executive chairman of the board, Slominski will continue to provide leadership and direction, working collectively with Borin and the board to develop strategy for the company’s future growth and ESOP management.
Mark BorinMcNaughton-McKay
"On behalf of the board of directors, the leadership teams and the employee-owners of McNaughton-McKay, we want to thank Don for his leadership and guidance over his more than two decades with the organization," said Borin. “I am honored to be selected to serve the employee-owners of McNaughton-McKay as their president and CEO, and want to thank Don, the board, and the employee-owners for the confidence they have placed in me. Our company has a very strong foundation, and I look forward to building an even stronger future with our highly talented team, committed to innovation and exceptional customer service."