The Board of Trades Holding Co, LLC (Trades) is pleased to announce the hire of Phil Dodyk as CEO. With Dodyk’s hire, acting CEO, Megan McKay will transition to Senior Advisor of Trades where she will assist Dodyk, the Trades team, and Board with strategic initiatives.
“Through the evaluation process, Phil illustrated his alignment with the Trades execution model and values. Phil’s prior experience provides a good foundation and an understanding of the benefits of delivering a differentiated employee experience that translates into financial success. I look forward to working with Phil to scale the business and realize the growth potential of Trades’ business,” said Megan McKay.
Dodyk’s history of working with entrepreneur- and founder-led businesses fits well with Trades. His experience aligns with Trades’ goal of expanding the business within Neighborly and deploying a frontline-employee-centric culture across a growing geographic footprint. Dodyk was recently an EVP with Wheels Up. Prior to that, he served as President and CEO of TMC Jets. He started his career at McKinsey & Company and Parthenon Capital Partners after obtaining a B.S. from Indiana University and MBA/M.A. from Wharton/UPenn.
“Trades is blessed to have been founded and led by Jim Eble and Megan McKay for over 29 years. With Megan’s leadership, Trades has grown from a single location in Cleveland to a multi-location and multi-brand franchisor of Neighborly. Phil has big shoes to fill but we believe he has the experience to grow the business effectively. We look forward to leveraging Megan’s vast experience as an owner and leader and utilizing her for strategic initiatives that will allow us to execute our vision for Trades,” said CPC Principal Jared Poland.
About Trades
Founded in 1994, Trades Holding Company is a franchisee operator of Mr. Rooter and Mr. Electric residential home servicing brands and operates Right Restoration – an independent restoration business solely focused on water damage. Today, Trades operates Mr. Rooter and Mr. Electric franchises across Ohio in Mansfield, Cleveland, Columbus, and Toledo. Trades is dedicated to its technicians and committed to providing a superior professional journey from recruitment to managerial advancement for its technical workforce.
About CPC
CPC is owned by large family offices and successful entrepreneurs that are collectively aligned around long-term decision making and wealth creation. It was formed from the merger of Curran Companies’ and C3 Capital’s management teams and seeks to buy one to two companies a year and invest $60MM to $120MM+ per company into control positions. CPC does not use enterprise leverage to fund acquisitions, instead focusing management teams to excel in the Five Key Battles™: People, Systems and Processes, Execution, Customer Intimacy, and Product Leadership. Prior to forming CPC, the management team invested in more than 100 businesses covering a wide variety of industries. Learn more at www.cpc.llc.
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