Crescent Electric Supply (East Dubuque, IL): Scott Teerlinck, president & CEO, earned the distinction of a CEO to Watch from Family Business Magazine. Teerlinck is the second non-family member CEO of Crescent, a company founded in 1919 by Titus B. Schmid. He joined the company in May 2020, and immediately began leading through the pandemic and a company transformation.
“Scott has brought a fresh perspective and a sense of urgency, which has been well received by the board and our associates,” said Dave Keltner, Crescent’s board chairman, in the press release. “He has developed a really strong senior management team, which, along with his industry experience, strategic mindset and transparency about what needs to be done, has given us great confidence that Crescent can produce top-tier results as the company begins its second century of operation.”
Family business owners, advisers and colleagues nominated chief executives for recognition as Family Business CEOs to Watch. Non-family as well as family CEOs were eligible. Honorees were selected by Family Business Magazine's editorial team based on the nominees' exceptional leadership and balancing of family and business interests. Family Business Magazine selected only 28 CEOs for this honor.