Matouk Jr. steps up to president, ceo of Matouk
April 16, 2002,
New York — After almost 40 years as president of the company founded by his father, George Matouk Sr. has become chairman of John Matouk & Co., relinquishing his presidential duties to his son, George Matouk, Jr. who has become ceo as well.
"It was time to do it," said Matouk, Sr. "George [Jr.] has proven his ability and dedication to the firm."
"The company is changing and growing, and we're entering new markets," Matouk Jr. said. "The two of us thought I had more energy to lead the company forward."
Formerly a vp, Matouk Jr. has been with the company for close to five years. In the fall of 1998 he moved to Providence, RI, to manage the company's New Bedford, MA, plant. He will remain in that area, and Matouk Sr. will remain based out of New York.