Ferry Returns to VEC; Jaskiewicz Forms Consulting Firm
GIRARD, Ohio — Rex Ferry, owner and CEO of VEC Inc., will resume the role of president and operate the company’s day-to-day operations following the departure of Chris Jaskiewicz, effective July 1.
Jaskiewicz has been with VEC since 1995, and was named president in 2005. He is leaving the company to start a consulting business, HopeStar LLC.
In announcing the transition, Ferry praised Jaskiewicz.
“Chris has done a wonderful job over the past 10 years growing our business, and we are forever grateful to him for that. We want to wish him the best in his new venture,” he said. “We are looking forward to finding new leadership, continuing to grow the business and building it for future generations.”
Jaskiewicz’ said his company will focus on assisting companies in need of a turnaround or transition in ownership.
“I have been blessed with knowledge, experiences and friendships that will last for the rest of my life,” he said in a statement accompanying the announcement.
Valley Electrical began as a small, family-owned electrical contractor. It acquired Evets Oil & Gas in 2003, and established another division, VEC SI Low Voltage Solutions.
In March 2014, VEC completed a $4 million expansion of its fabrication shop in Hubbard. The plant fabricates pipe used by the oil and gas industry.
Pictured: Rex Ferry, owner and CEO of VEC Inc., who will return to the company as president.
Copyright 2023 The Business Journal, Youngstown, Ohio.