IES Holdings, Inc. announced on July 1, 2025, the completion of its executive succession plan, with Matt Simmes becoming the company’s President and Chief Executive Officer. Jeff Gendell transitioned from Chairman of the Board and Chief Executive Officer to Executive Chairman of the Board, and Mr. Simmes has also been appointed as a member of the company’s Board.
This leadership change aims to build on IES's established record of growth under Mr. Gendell's leadership, with Mr. Simmes committed to delivering value for shareholders, customers, and employees. Mr. Gendell will now focus his efforts as Executive Chairman on capital allocation priorities.
Additionally, Jordan Lyman was appointed as President of IES’s Residential segment. Mr. Lyman brings over 20 years of experience within IES Residential, including 14 years as Division Manager of the San Antonio Division, and is expected to lead the segment through the current housing environment and position it for future growth.
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