The appointment marks a significant transition within the leadership hierarchy, as Celso Goncalves takes over the presidency from his father, Lourenco Goncalves. While relinquishing this specific title, the elder Goncalves will retain his dual roles as chairman and chief executive officer of the Cleveland-based firm.

Celso Goncalves has been an integral part of the organization since joining in 2016. He had served as executive vice president and chief financial officer since 2021, navigating the company's fiscal strategy through a period of industry consolidation and operational shifts.