NAPCO Security Technologies Announces Leadership Changes
NAPCO Security Technologies, Inc., a prominent name in high-tech electronic security solutions, has recently declared a significant shift in its executive leadership aimed at propelling the company towards future growth and success. This change marks a pivotal moment for the organization, which has been a leader in providing advanced security systems for over 55 years.
Overview of the Transition
As of July 8, 2026, Richard Soloway, who has held the roles of Chairman and CEO, will transition to the role of Founder and Executive Chairman. In his new capacity, he aims to concentrate on strategic initiatives while continuing to support the company through his extensive industry relationships and insights. Meanwhile, Kevin Buchel, who has served as President and COO for the past two years, will take over as CEO and President.
This move is not just administrative; it symbolizes NAPCO's commitment to fostering innovation and addressing evolving market demands. Richard Soloway expressed immense pride in the company's accomplishments since its inception and declared his determination to elevate NAPCO to new heights in his role as Executive Chairman.
Leadership Insight
Richard Soloway emphasized the tremendous privilege he felt while leading NAPCO and conveyed confidence in Kevin Buchel's ability, reflecting on Buchel’s significant contributions during his tenure as President and COO. He noted Buchel's business acumen and leadership skills as pivotal for steering NAPCO towards further success.
Kevin Buchel, honored by his new appointment, shared his excitement about leading the NAPCO team into the next chapter. He is prepared to expand his role to cover all operational facets, from implementing business strategies to managing financial targets, thereby ensuring the company's growth trajectory remains strong. Buchel's experience spanning more than 25 years within the company positions him as an ideal candidate to helm NAPCO during this exciting phase.
Future Prospects
The Board of Directors firmly believes that under the combined leadership of Soloway and Buchel, NAPCO is poised to achieve its strategic objectives and continue delivering value to its shareholders. The transition aims not only to maintain NAPCO’s current trajectory but also to enhance its presence in the rapidly expanding electronic security market.
About NAPCO Security Technologies
Founded over five decades ago, NAPCO Security Technologies has solidified its presence as a leading manufacturer of cutting-edge electronic security equipment. The company specializes in wireless communication devices designed for intrusion and fire alarm systems, and actively generates recurring service revenues, making a significant impact in the school safety solutions sector.
Headquartered in Amityville, New York, NAPCO, along with its subsidiaries, has built a reputation for outstanding innovation and technical excellence in the security industry. The securing of their technology by myriad security professionals across various applications—commercial, industrial, governmental, and residential—is a testament to NAPCO's reliability and innovation. As they look to the future, NAPCO’s commitment to product innovation and market expansion will be central to their strategic direction.
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NAPCO's website.