Central States adds two leaders
Central States, Inc., a maker of metal building components, roofing, structures and buildings, has announced the appointment of Jigisha Desai and Scott Deakin to its board of directors.
Desai is the former EVP and chief financial and strategy officer of Granite Construction Company. Deakin is the SVP and CFO of Gypsum Management & Supply, Inc.
“On behalf of the board and management of Central States, I want to express our warm welcome to Jigisha Desai and Scott Deakin,” said Jim Sliker, CEO and chairman of the Toniton, Arkansas-based company.
“Both bring a wealth of insight, perspective, and financial expertise that along with our other independent directors will continue to grow our company and further Central States’ purpose of providing for the well-being and financial freedom of our employee owners,” said Sliker.
Desai’s 30-year career encompasses extensive experience as a financial expert, board director, and strategic leader with a focus on corporate finance, risk management, business leadership, and corporate strategy.
Desai has been serving as a director and member of the audit, nomination and governance committees for Tutor Perini Corporation since December 2021 and 1st Capital Bank since June 2020.
“Based on my previous experience working with ESOP-centric companies, I know the impact that being employee-owned can contribute to culture and decision making, and I look forward to contributing as a member of the board,” said Desai.
Deakin is a proven leader across both manufacturing and distribution sectors with a 25-year track record. His career includes more than a decade as a CFO for both privately held companies and SEC registrants.
Deakin has distinguished himself as a CFO, president and group executive, and strategic M&A executive leading diversified companies. including Eaton Corporation, Barnes Group Inc., Ensign-Bickford Industries, and Lydall, Inc.
“I am looking forward to working alongside the board and leadership to capture opportunities for growth, prioritize investments, and mitigate risks, as we protect the interests of Central States employee-owners and deliver for Central States’ customers,” said Deakin.
Their election brings the number of Central States directors to six, as the 100% employee-owned company said it seeks to, “leverage outside ideas and thought partnerships to positively impact its employee owners.”
In addition to the board placements, CEO Jim Sliker has been appointed chair, replacing Matt Kramer who retired in January 2024.
