Leviton (Melville, NY): Daryoush Larizadeh was appointed CEO, effective Dec. 1. He will continue his responsibilities as president and COO, in addition to assuming the CEO role. In his current capacity, Larizadeh has been president and COO of Leviton for the past six years, overseeing Leviton’s continued growth and building on the company’s successful history and culture of innovation.
Larizadeh assumes the role of CEO from Don Hendler who held the title since 2007 following the passing of Harold Leviton, whose father founded the company in 1906. Larizadeh becomes only the fourth CEO since the company’s founding 115 years ago. “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,” said Hendler in the press release.
Also effective Dec. 1, 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 VP of the corporation.
The Leviton board remains unchanged with Hendler, Sokolow, Andrew Kriegman and Lucy Guilherme continuing in their current responsibilities. As CEO, Daryoush Larizadeh will continue to report to the Leviton board of directors.