Napoleon announces new leadership
August 16, 2018
Barrie, Ontario-based manufacturer Napoleon, has named Christopher Schroeter and Stephen Schroeter co-chief executive officers, succeeding the company’s founders, their parents, Wolfgang Schroeter, chief executive officer, and Ingrid Schroeter, chief financial officer, who have been leading Napoleon for the past 40 years.
The change, which is effective immediately allows the company to continue its legacy as a multi-generational, family-run business.
Christopher joined the company 18 years ago, most recently serving as senior vice-president of operations, research and development. Stephen, who had advanced to senior vice-president of sales, marketing and administration prior to this promotion, started with Napoleon 15 years ago.
”My dream for Napoleon was to manufacture products with the most advanced features on the market, yet make them attainable to a wide range of consumers,” said Wolfgang. ”We have achieved that goal and continue to innovate. Christopher and Stephen have played significant roles in navigating the company and I am eager to watch them build upon that momentum as we look to the future of Napoleon.”
Wolfgang and Ingrid will remain active in the company through their assistance on special projects and roles on Napoleon’s Advisory Board, and will work closely with the leadership team during the transition.
Christopher and Stephen will continue to direct the company and work closely with both the founders and Napoleon’s president, Ron McArthur. As co-CEOs, each will assume a critical role in directing their designated departments, helping to align strategic planning with evolving economic and market demands. McArthur’s role and responsibilities will include implementing strategies and leading, managing and directing Napoleon in its daily business operations.
”This is an exciting milestone in our succession plan with a focus on the future, helping strengthen Napoleon’s long-term strategic goals: growing our global footprint while maintaining our position as one of the top-tier manufacturers of home comfort products,” added Wolfgang.