A longtime Southern Indiana company has made changes to its business structure with the goal of continuing the family business for generations to come.
Koetter Construction recently announced plans to reorganize the business entities and leadership structure of the company. The Floyds Knobs company is co-owned by five brothers.
The Koetter Group has expanded to serve as the holding company for its four main divisions, including Koetter Construction, Koetter Real Estate, Koetter Building Services and K-RAX Premium Spirits Barrel Storage Systems. The reorganization involves a succession plan to keep the company in the family for future generations.
Bob Koetter Jr. is the newly-appointed CEO of The Koetter Group. The four divisions of The Koetter Group will be led by a manager or president who will report to Koetter Jr.
Koetter Jr. is succeeding his brother, Jack Koetter, who served for 20 years as the CEO of The Koetter Group. Jack Koetter passed on the leadership role to Koetter Jr. at a company meeting in October.
https://www.newsandtribune.com/news/the-koetter-group-announces-reorganization-of-company/article_695b94de-3b3f-11ec-9fe7-93f4e158c5f6.html
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April 11, 2024
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