Dot Family Holdings (DFH), Mt. Sterling, IL, owner of OmniCable, West Chester, PA, since 2019, announced that Greg Lampert has retired from his role as CEO of OmniCable and that OmniCable’s current vice chairman, Jeff Siegfried, will step in as interim CEO effective immediately. Siegfried co-founded the company and previously served as CEO and chairman. Lampert was with the business for seven years total and moved into the CEO role following the acquisition.
“Greg has been a valued member of our OmniCable team, and he will be missed,” Siegfried said in the press release. “He made this decision because he needs his focus to be on his family now. We are grateful for his leadership and the strategic direction he provided throughout his career at OmniCable that helped drive a lot of success for the company.”
“We are fortunate Jeff is willing to step in and serve as OmniCable’s interim CEO,” said Joe Tracy, CEO of Dot Family Holdings, in the release. “No one knows OmniCable like Jeff does, and his deep history with the business and leadership will make sure this is a smooth transition for employees, customers and business partners as we begin the search for our next CEO.
“DFH knows the future is bright for OmniCable. The company is coming off a banner 2022, the most successful year in its history. And while OmniCable faces the same challenges as everyone else in the industry, we have some exciting initiatives in the works that we look forward to sharing publicly very soon.”
DFH specializes in distribution-related opportunities and is focused exclusively on acquiring leading middle-market distribution companies with a special interest in master/two-step distribution and any national distribution models. DFH’s approach to acquiring and holding companies for the long term and investing for growth made them an ideal partner for OmniCable.
Other DFH companies include Houston Wire and Cable, Grabber Construction Products, Reliable Parts, and Pet Food Experts. For more information visit DotFamilyHoldings.com.