As we celebrate JM Electrical’s 40th anniversary, we’re excited to share that Principal and CEO @Matthew Guarracino was featured in @Authority Magazine’s series on effective succession planning!
In this insightful interview, Matthew shares the journey of transitioning JM Electrical to second-generation leadership while maintaining the values and vision that Founder @Paul Guarracino established in 1985. His insights offer valuable lessons on cultivating talent, navigating family business dynamics, and ensuring organizational continuity.
In this Q&A, Matthew shares his framework for successfully executing a succession plan: communication, persistence, patience, and trust. Our succession process at JM Electrical stretched over 10 years, double the typical five-year recommendation, allowing us to execute the transition with minimal disruption to our 200-person team.
Matthew’s leadership philosophy centers on relationships, commitment, and dedication, all of which are character traits that have been instrumental not only in his personal success but in guiding JM Electrical into its next chapter. As he notes, “Our people” are what keep him up at night, and the responsibility of caring for our team influences every decision he makes.
This feature perfectly highlights the essence of our 40th anniversary by honoring the legacy Paul Guarracino built, while also embracing the future through values-driven leadership that prioritizes people, relationships, and teamwork above all else. Read the full interview to learn more about Matthew’s succession planning insights and leadership philosophy: here.