Corbett Technology Solutions Inc. (CTSI) announced that Joe Oliveri will assume the role of president and CEO. Gino Ruta, formerly CEO, will transition to chairman, where he will shift his focus to acquisitions and accelerate growth that began during his tenure.
Oliveri joins CTSI from Johnson Controls, where he served as vice president and general manager of global ducted systems. Prior to that role, he ran other divisions including the company's global fire detection and security BU's.
“I'm excited to join this organization and continue accelerating CTSI's growth across the United States,” Oliveri said. “With my history of strategic acquisitions and aggressive growth, my priority at CTSI is to engineer further expansion of our security and life safety solution portfolios, while expanding our reach in audiovisual, collaboration, healthcare and education technology solutions and services.”
Ruta added, “Joe is the perfect choice to continue the work we've done in aggressively growing CTSI's footprint in a number of industries across the U.S. He brings incredible experience to the table, specifically in overseeing integration and expansion of the meaningful acquisitions CTSI is poised to continue as we expand our industry-leading integration and subscription services business.”
Wind Point Partners acquired CTSI in June 2020 in partnership with Ruta and CTSI management. Since the acquisition, investments in CTSI's growth have continued in order to expand the company's breadth of service offerings and geographic reach through organic growth initiatives and acquisitions.
“Our partnership with the CTSI team has been very productive and we are thrilled to add to the talented leadership team with Joe joining as CEO,” said Nathan Brown, managing director at Wind Point Partners. “Joe has a terrific track record and is a great fit to help CTSI expand its offerings and geographic reach. Gino's involvement as board chair will play an important role in our shared vision for growth and continuing to provide customers with the highest quality technology and service levels.”