BOLINGBROOK, Ill. — Jon Neustadt has been appointed president of Neuco Inc., a master distributor of HVACR replacement parts, effective on New Year’s Day. 2025. Former president Paul Neustadt will transition to a new role as Neuco’s executive chairman.

Jon Neustadt, who previously served as executive vice president, brings a wealth of experience to his new role, a press release from Neuco said. His strategic vision and commitment to innovation are expected to drive Neuco to new heights, the press release said.

“I’m grateful for the opportunity to lead Neuco as president, and I’m looking forward to building on Neuco’s legacy,” he said. “We have a talented team and a great opportunity ahead to continue to innovate and drive success for our customers and vendor partners.”

Paul Neustadt, who has led Neuco as president for 20 years, will continue to provide valuable insights and guidance to the company, the press release said.

“Leading Neuco has been an incredible journey, and while I’m excited for my brother Jon to take the lead, I’m very much looking forward to continuing to support the company in my new role,” Paul Neustadt said. “I have full confidence in Jon’s vision for the future and can’t wait to see where he takes us.”