Arcoro Welcomes Dave Gray as New Chief Executive Officer

Arcoro Announces Appointment of Dave Gray as CEO

Arcoro, a leading provider of HR management solutions tailored specifically for construction and field-based sectors, has appointed Dave Gray as its new Chief Executive Officer. This decision has been unanimously made by the company’s Board of Directors, effective immediately.

Dave Gray's Impressive Background

Gray joins Arcoro with over 25 years of notable experience in the internet technology industry. His most recent position was as CEO of Daxko, a reputed technology partner for health and fitness centers across the globe. In his new role at Arcoro, he will focus on day-to-day operations and will also be an integral part of the Board of Directors.

With a proven track record in scaling companies, Gray is adept at devising effective growth strategies and driving market expansion. Previous positions in his career include senior managerial roles at organizations such as CTS, Calico Commerce, and Grant Thornton. His leadership at Daxko was significant, as he led the company to unprecedented growth by providing software solutions that catered to over 19,000 fitness centers globally, serving around 25 million users.

Leadership Insights

In a recent statement, John Clancy, Managing Director and Head of Portfolio Operations at PSG, expressed enthusiasm about Gray's appointment. He remarked, "We are delighted to have Dave join and lead Arcoro as its CEO. His extensive leadership experience and focus on customer satisfaction promise to take Arcoro to new heights. His rich expertise in scaling high-growth firms will be fundamental for Arcoro's ongoing success. We look forward to a fruitful collaboration with him."

Gray himself shared his eagerness to lead Arcoro, stating, "I am thrilled to be onboard as CEO, working alongside a talented team in a rapidly growing market. Companies that manage field-based workforces are increasingly recognizing the significance of offering an optimal employment experience. Arcoro’s platform stands out as the best among its peers, and I am excited to enhance its value for our customers."

Strategic Vision for Arcoro

Paul Russ, Principal at PSG, echoed the sentiments about Gray's people-first approach. He conveyed confidence in Gray's ability to navigate Arcoro through its next phase of growth, underpinning its leadership in the HR solution market. With a strong technological foundation and an emphasis on employee engagement, Arcoro is well-positioned for a successful future under Gray's stewardship.

A Glimpse into Arcoro

As the foremost HR platform designed for the construction and field-based industries, Arcoro provides a wide range of solutions that empower businesses to streamline their hiring, management, and workforce growth processes. Currently, over 7,500 companies leverage Arcoro's HR software, integrations, and data analytics to optimize their human resources functions.

In recognition of its innovation and service quality, Arcoro has been honored with multiple accolades, including being named Top Construction Tech by Construction Executive in the past year. The company also secured a Gold Stevie Award for Technology Excellence, showcasing its commitment to delivering exceptional HR solutions and services.

The Role of PSG

PSG, a well-respected growth equity firm, works closely with emerging software and technology-enabled service companies like Arcoro. They've demonstrated a strong commitment to assisting businesses through transformational growth and strategic opportunities, accompanying over 140 companies and facilitating numerous acquisitions.

Future Outlook

As Arcoro embarks on this new chapter with Dave Gray at the helm, there are high expectations for enhanced operational efficiency and strategic market positioning. The combination of Gray's expertise and Arcoro's robust offerings positions the company for a promising future in the HR solutions space.

Frequently Asked Questions

Who is the new CEO of Arcoro?

Dave Gray has been appointed as the new CEO of Arcoro, effective immediately.

What experience does Dave Gray bring to Arcoro?

Dave Gray has over 25 years of experience in the technology industry, including his recent role as CEO of Daxko.

Why is Arcoro significant in the HR solutions market?

Arcoro specializes in HR solutions specifically designed for construction and field-based industries, serving over 7,500 companies.

What awards has Arcoro received?

Arcoro was named Top Construction Tech by Construction Executive and received a Gold Stevie for Technology Excellence.

What is PSG's role in supporting Arcoro?

PSG partners with companies like Arcoro to assist them in navigating growth opportunities and enhancing operational effectiveness.

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