AMPAM Welcomes Payman Farrokhyar as New CEO While Chris Kennedy Transitions to Vice Chairman

AMPAM Leadership Changes

AMPAM, California's leading integrated residential mechanical, electrical, and plumbing (MEP) contractor, announced a significant leadership transition. Payman Farrokhyar will be the new Chief Executive Officer, taking the helm from Chris Kennedy, who will now serve as Vice Chairman. This strategic shift positions AMPAM for robust future growth and innovation in the MEP sector.

New CEO with Extensive Experience

Farrokhyar brings a wealth of experience to AMPAM, having successfully led engineering and construction initiatives across various sectors. His impressive track record includes scaling operations and enhancing performance metrics. With a firm belief in AMPAM’s reputation as the premier integrated residential MEP partner, he expressed excitement about driving growth and creating value for developers and clients alike. "I am honored to join AMPAM at such an exciting time in its history," Farrokhyar remarked. "I look forward to building on the strong foundation laid by Chris and his team."

Focused on Strengthening Relationships

Chris Kennedy, who has been at the forefront of AMPAM as CEO, will concentrate on driving client relationships and market growth as Vice Chairman. His extensive experience and established relationships are invaluable assets for the company as it seeks to expand its operations and meet evolving client needs. Kennedy stated, "Serving as CEO of AMPAM has been a tremendous privilege. I look forward to supporting our clients and advancing AMPAM's ambitious goals with Payman taking the lead."

A Leader in MEP Services

AMPAM has cemented its position as the market leader in plumbing, HVAC, and electrical services, particularly in large-scale multifamily and high-rise residential projects. The company stands out for its commitment to excellence, innovation, and reliable execution, which have solidified its reputation among developers and contractors throughout California. As the company continues to expand, the focus remains on delivering high-quality, integrated design-build solutions that cater to complex project demands.

The Path Forward

With Farrokhyar at the helm, AMPAM is poised to tackle the challenges of a competitive market while pursuing new growth opportunities. The transition demonstrates the company’s commitment to leadership continuity and its innovative approach to business strategies. As AMPAM navigates this pivotal stage, both leaders are excited about the potential for new achievements and enhancements within the residential MEP landscape.

About AMPAM

Founded in California, AMPAM specializes in providing comprehensive MEP solutions for high-rise and large-scale multifamily projects. The firm collaborates with top industry partners to ensure the highest standards of service and quality, making it the go-to choice for integrated residential MEP contracting.

About Gemspring Capital

AMPAM is a portfolio company of Gemspring Capital, a private equity firm based in Westport, Connecticut, that specializes in offering tailored capital solutions to middle-market businesses. Gemspring focuses on partnerships that foster revenue growth and sustainable competitive advantages, working across various sectors including industrial and software services.

For more information, please visit www.ampam.com and www.gemspring.com.