Colonial Systems Promotes Scott Lynch to President and Transitions to an ESOP
Over the past eight years, Lynch and his management team have helped the company achieve a compound annual growth rate that has exceeded industry standards
Colonial Systems, a comprehensive resource for installing commercial and institutional interiors for a diverse range of industries nationwide, announced that it has named Scott Lynch as president/CEO after serving as the company’s CEO since 2020. In addition to leading Colonial Systems’ day-to-day operations, Lynch will continue to manage and oversee the company’s Employee Stock Ownership Plan.
Before his recent appointment to president and having served as the company’s CEO since 2020, Lynch served as CFO starting in 2015. Since that time, Colonial Systems has continuously achieved a compound annual growth rate that exceeds industry standards while planning for the former ownership’s transition out of the company. Prior to joining Colonial Systems, Lynch spent 20 years at Red Thread Spaces (formerly Office Environments of New England), most recently in the positions of vice president of finance, where he oversaw the complete spectrum of finance function, and as vice president of finance and controller. Earlier in his career, he was employed at Arthur Anderson as a senior auditor.