Construction equipment and supplies dealer McCann Industries has named Jim McCann CEO of the company, succeeding former CEO Dennis Kruepke, who has been named chairman of the board. McCann has also acquired 100 percent of the company through a stock purchase agreement.

“We are all pleased that Jim has assumed this expanded role in the company,” said Kruepke. “Everything that had been outlined in the succession plan for McCann Industries is coming together exactly as outlined. Jim understands our customers and our products very well and has excelled in every position he’s held. McCann Industries will continue to thrive under his leadership.”

McCann began working with the company as an outside sales representative in 1991 and has assumed progressively more responsibility over the past 24 years. In 1997, McCann was promoted to rental manager. Two years later, he became sales manager, and within a year to vice president of sales and marketing, a position he held for 13 years. He was named president in 2013.

Born and raised in the Chicago area, McCann earned a B.S. degree in economics and history from Albion College and an MBA from The Keller Graduate School of Management of DeVry University.

McCann Industries was founded by Richard McCann, Jim McCann’s father in 1967, as McCann Construction Specialties. Starting as a company selling concrete forms and accessories it later expanded to include equipment and later rental. The company now has seven locations in the Chicago area.