Leviton Names President & COO Daryoush Larizadeh as New CEO
Don Hendler, Leviton CEO since 2007, will be chairman of the Board while Larizadeh becomes company’s 4th CEO since its founding 115 years ago.
Don Hendler (right) has been Leviton CEO since 2007, while Larizadeh has been president & COO the past 6 years.
Leviton has named Daryoush Larizadeh as its chief executive officer, effective as of December 1, 2021, the company announced. He will continue his responsibilities as president and COO, in addition to assuming the CEO role, Leviton adds.
Larizadeh takes the reins of CEO from Don Hendler, who held the title since 2007 following the passing of Harold Leviton, whose father founded the company in 1906, the company notes. Larizadeh becomes only the fourth CEO since Leviton’s founding 115 years ago.
For the past six years, Larizadeh has overseen Leviton’s continued growth and built on the company’s successful history and culture of innovation, his responsibilities proving especially beneficial during the challenging pandemic crisis since early 2020.
New CEO Seasoned to Build on Leviton Tradition
“Daryoush has been instrumental to Leviton’s success as president and COO and played a pivotal role in helping to navigate our employees and customers through a global pandemic,” states Hendler. “Daryoush’s proven performance and leadership skills will continue to shape Leviton’s future as an innovative leader in the industry.”
Among the many areas Leviton encompasses, recently the company underscored its support of the integration and contractor channel by rolling out a wealth of resources with the launch of its Contractor Connect portal. Within its residential solutions channel, the company’s smart home options have also expanded to provide more for integrators and their customers of late.
“I am honored and humbled to take on the role of CEO at a company that’s been built on a long and successful history of innovation,” Larizadeh states.
“Working closely alongside Don as president and COO has provided me with an unparalleled learning experience, and I am excited to build on the legacy that Don and our two previous CEOs have built during our 115 years of existence.”
Also effective December 1, 2021, Hendler will assume the role of chairman of the Board. Stephen Sokolow, who last held this position, will become chairman of the Board Emeritus while remaining an executive vice president of the corporation, the company states.
The Leviton board remains unchanged with Hendler, Sokolow, Andrew Kriegman and Lucy Guilherme continuing in their current responsibilities. As CEO, Larizadeh will continue to report to the Leviton Board of Directors, the company adds.
