All Access, now CMC North America, has appointed a new chief executive, while previous owners The Polonski family - Lenny, Ryan and Nathan have bowed out.
The new chief executive is Jeff Poggi, who joins the company from Outdoor lighting and audio manufacturer Coastal Source when he was president. He has also been running his own management consulting business and is a non-executive director of Maxxsonics.
Jeff Poggi
He has spent most of his career in the audio market but started out in 1992 in the leadership development programme of aerospace company Lockheed Martin. In 1994 he joined audio company Harman International as process development engineer. After four years in increasing senior engineering roles, he was appointed as an account manager, and later sales & marketing director after 10 years with the company he left for one of the major competitors Bose where he was senior engineering manager for North America and the general manager for its North American automotive business. In 2011 he rejoined Harman as VP of global sales & marketing, for the Car Audio SBU and Lifestyle division. He left six years later to take up the role of co-chief executive computers and electronics manufacturer McIntosh. Making the move to Coastal at the end of 2022.
All Access/CMC North America is based in Methuen, north of Boston, and was founded by spider lift veteran Lenny Polonski, and acquired by CMC in 2023, when its revenues were around $80 million, with more than 60 team members. The deal was finally completed in February 2024 With the Polonski family continuing to manage the business until February this year.
The facilities in Methuen
Vertikal Comment
This management/leadership changeover was ‘on the cards’ when the acquisition was agreed at the end of 2022, with Lenny ready at least for semi-retirement, while Ryan and Nathan were not natural fits for a private equity firm like Metrika SGR which acquired a majority stake in CMC earlier in 2022. It is far more likely that they will start a new business of their own once any non-compete clauses have expired.
In the meantime, Poggi seems to have picked up the key elements and aspects of the access industry pretty quickly and having worked in Italy at times in the past, appears comfortable with the CMC management team.
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