Stratus Announces Leadership Transition
Bill Hayden Appointed as Next CEO; Tim Eippert Named Chairman of the Board
CLEVELAND, OH – November 1, 2024 – Stratus, a leader in facilities services and brand implementation solutions, today announced a strategic leadership transition designed to drive the company’s next phase of growth and innovation. Experienced facilities services executive Bill Hayden has been named Chief Executive Officer, and Tim Eippert has been appointed Chairman of the Board.
Mr. Eippert has led Stratus since 1994 when he purchased MC Sign, a small sign company in Ashtabula, OH. Over the next 30 years, Mr. Eippert guided the organization through significant milestones including private equity ownership, numerous growth acquisitions, and the addition of a wide array of service offerings. Under his leadership, the company rebranded to Stratus in 2020 and has solidified its position as a leading facilities services and brand implementation company.
As Chairman, Mr. Eippert will support Mr. Hayden and the team’s collective strategic vision. “This transition is an exciting new chapter for both me and Stratus as I reflect upon our humble beginnings and look forward to the future. I am excited to continue our commitment to excellence while supporting Bill in driving Stratus’ vision forward,” said Mr. Eippert.
Mr. Hayden was previously the CEO of facilitysource, which he sold to CBRE in 2018. Under his leadership, facilitysource evolved from a software and helpdesk platform supporting retail store maintenance to a fully integrated facility management solution which helped over 50,000 locations execute billions of annual spend through a service partner marketplace. Most recently, he served as the President of Enterprise Global Services within CBRE’s Global Workplace Solutions, overseeing strategy and execution across its retail facilities and project management offerings, lease administration services, smart buildings, and sustainability solutions. With a proven track record of growth and a wide area of expertise, Mr. Hayden is well-positioned to lead Stratus into its next chapter. “I am not only excited to accept the position of CEO at Stratus, but also look forward to working with Tim and the team to accelerate our growth and deliver even greater value to our customers and partners," said Mr. Hayden.
About Stratus
Stratus is a leading brand implementation and facilities services company offering signage solutions, energy services, repair and maintenance programs, and refresh and remodel capabilities across 50 states and 24 countries. With more than 50,000 projects completed annually, the Company provides versatile solutions for some of the world's largest and most recognized brands. Headquartered in Mentor, Ohio, Stratus has additional operations centers in Illinois, Florida, New Jersey, Texas, and Wisconsin and production facilities in Illinois, South Carolina, and Texas. Stratus is a portfolio company of Vestar Capital Partners. For more information, please visit www.onestratus.com.