The Procopio Companies has announced it has officially named Michael Procopio as its first-ever CEO.

Procopio, an 18-year veteran company employee, previously led the development side of the business as vice president of development. Since joining the company in 2003, Procopio has led the development of more than $500 million in residential and commercial projects, as well as driving the company’s 17x growth in the last decade.

“It’s a tremendous honor to move into the role of chief executive officer at The Procopio Companies, and to be tasked not only with the stewardship of the family enterprise, but to lead our continued growth and innovation into the future,” Procopio said. “Our family established our mission more than 70 years ago, with a deep commitment to providing our clients with distinctive homes and innovative communities. As a result, our company has seen strong and consistent growth, and is poised for additional near-term growth, with over 1,000 housing units currently in production across Southern New England.”