Engineering consulting firm Thornton Tomasetti has announced a leadership change. With the new appointments, the firm plans to drive innovation and strengthen the organization and service delivery.
In January, New York-based managing director Peter DiMaggio and managing principal Michael Squarzini will become co-CEOs, with current CEO and chairman Tom Scarangello assuming the role of executive chairman. Wayne Stocks, managing principal of the Washington, D.C. office, will become president. Stocks, along with San Francisco-based managing director Gary Panariello, will co-lead the firm’s business units.
Current president Raymond Daddazio will become senior consultant and also serve as chairman-elect of the American Council of Engineering Companies of New York.
“On behalf of the board of directors, I am delighted to welcome Pete, Mike, Wayne, and Gary to their new roles,” said Scarangello. “Their leadership, expertise, and teamwork will be critical to the success of our five-year plan and move us all closer to achieving our ultimate goal of being a leader of change and innovation in our industries.”