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Peter McIlroy Steps Down as CEO of Robroy Industries and Hands Managerial Reins to Two Sons

Nov. 14, 2014
After a 50-year career at Robroy Industries, Peter McIlroy will hand over the leadership reins of the fourth-generation family business to his two sons as part of a succession plan.

Robroy Industries (Verona, Pa.): After a 50-year career at Robroy Industries, Peter McIlroy will hand over the leadership reins of the fourth-generation family business to his two sons as part of a succession plan.  He will retain his position as chairman of the board, and effective immediately his son Rob McIlroy will be promoted to the position of CEO. Robroy’s president/COO, David Marshall, and Robroy’s CFO, Mike Deane, will report to Rob.  Also effective immediately, Jeff McIlroyJ will be promoted to vice chairman. The promotions of Rob McIlroy and Jeff McIlroy mark the successful transition to the fourth generation of family leadership at Robroy Industries in its 109-year history.

Peter McIlroy joined Robroy in 1965, became president in 1980, and served as CEO for the past 21 years.  During his tenure, he guided the company through numerous acquisitions; decentralized the corporation in 1995 to autonomous and accountable divisions; and took the company private after 50 years of being traded publicly.