SunSource announced that Justin Jacobi will transition from his role as chief executive officer to become the company’s executive chairman. David Sacher, the company’s president and chief operating officer, has been promoted to CEO.
As executive chairman, Jacobi will focus on SunSource’s strategic growth initiatives, including strategic acquisition planning and new technology initiatives. In addition, he will continue to work with Sacher and SunSource’s executive management team on key customer and strategic supplier relationships as well as the development of SunSource’s next generation of leaders through the company’s Leadership Institute.
Tony Miranda, Managing Director of Littlejohn & Co., LLC and a member of SunSource’s Board of Directors, further added, “We expect David’s transition to chief executive officer will be seamless, as Justin and he have worked together very closely for many years.”
Sacher began his career at SunSource in 2002 as VP of business development. In 2003, he was named executive vice president and COO, and in 2009 was promoted to president and COO. Sacher holds a Bachelor of Science degree in Mechanical Engineering from Lehigh University.
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