The board of directors of VGM Group, Waterloo, Iowa, has appointed Mike Mallaro to serve as CEO. He succeeds founder Van Miller, who passed away unexpectedly in October 2015. Mallaro had been the company’s CFO for 15 years. Jim Walsh, VGM’s general counsel who had been serving as interim CEO, will continue to serve as general counsel and will transition to chairman of the board. The board also chose Jim Philips, COO, to serve as president.
“Mike has been an integral part of our overall growth as a company,” said Walsh. “He has familiarity and foresight, and we have complete confidence in his ability to lead this company down the path that Van created.”
As CFO, Mallaro was responsible for VGM’s financials, business development strategies, and executive oversight; he also led the development of the employee stock ownership plan.