Stephanou will report to IPS Enterprise Global CEO Dave Goswami. Credit: IPS/ Business Wire.

Architecture and construction management services provider IPS has hired Jim Stephanou from US pharmaceutical company Merck & Co. (MSD) to serve as IPS’ new CEO.

In this role at Berkshire Hathaway Company IPS, Stephanou will be responsible for spearheading the company’s next growth phase.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

He will report to IPS Enterprise Global CEO Dave Goswami.

Goswami said: “Jim is just the right person to lead IPS Life Science as we continue on our unwavering commitment to providing EPCMV [engineering, procurement, construction management and validation] services to the life sciences industry. I’ve had the pleasure of working with and getting to know Jim through the many years supporting Merck as one of our largest clients.

“He has demonstrated remarkable leadership capabilities and possesses the skills necessary to lead IPS into the future. I have full faith in his ability to build upon our past accomplishments and drive the company to even greater heights.

“This appointment is a part of our organisational strategy to achieve our ambitious growth goals. It will allow me to focus on our enterprise-level targets and to fulfil IPS’ overall mission.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Stephanou has worked for more than 30 years in manufacturing and engineering operations within the pharmaceutical sector.

He worked at MSD for eight years as vice president of Global Engineering Solutions.

Prior to his time at MSD, Stephanou held leadership roles at Bayer Corporation and LyondellBasell Industries for a combined total of more than 20 years.

His background includes a mechanical engineering degree obtained from Drexel University in Philadelphia, US.