West Caldwell-based MaxLite, a manufacturer and marketer of energy-efficient lights, promoted Spencer Bolgard to chief executive officer and president, effective Jan. 1, 2020.
Bolgard joined MaxLite in December 2018 as president and chief operating officer, according to MaxLite. He has helped the company establish a strategic growth plan to position MaxLite as the easiest lighting company with which to do business, expand its global manufacturing capabilities and independent sales representative networks, and introduce a best-in-class 10-year warranty program.
“I am confident that together with our talented leadership team, Spencer will lead MaxLite to its next phase of growth,” said MaxLite founder Yon Sung, who will transition to chairman of an independent board of company advisors that was formed in 2018 to guide the company’s strategic direction. “Since stepping into the role of president and COO, Spencer has successfully demonstrated strong leadership, and an ability to effectively execute our multi-year strategic plan. In addition, he has implemented many positive changes that make MaxLite a great place to work for our employees.”
Sung will work closely with Bolgard through the transition to position the company for continued growth.