GRIMES, Iowa —Steve L’Heureux of Ryko Solutions Inc. has transitioned from president and CEO into the position of vice chairman of the board of directors, according to a press release.
In his new role, L’Heureux will help guide the company in its long-term plans, key strategic initiatives, and merger and acquisition opportunities, said the release.
Under L’Heureux’s leadership over the past three-and-a-half years, Ryko has nearly doubled in size. The company completed six add-on acquisitions and became the largest provider of managed carwash systems in North America, continued the release.
“Steve’s passion, energy and strategic vision left an indelible mark on the organization,” said Troy Templeton, Ryko’s chairman, in the release. “Ryko is truly a better business today than it was when Steve joined the company.”
“I am proud of the success we have achieved at Ryko and am excited about the solid foundation that has been built for future growth,” Steve L’Heureux stated in the release. “I am excited to move into this new role as vice chairman of Ryko’s board of directors and look forward to continuing to help Ryko achieve its long-term goals."
The board of directors has begun looking for a new CEO to succeed L’Heureux.