Stephen Krooth
Stephen Krooth
CEO (retired)
Dominion Electric Supply Company, Inc. (a division of Border States)
Stephen Krooth was the CEO of Dominion Electric Supply Company, a third-generation electrical supply business located in the DMV for the last 84 years. Stephen led the recent sale of the Company to Border States Electric, a 100% employee-owned company. At the time of the sale, Dominion was listed as one of the largest private companies in the DMV (51) and one of the largest electrical supply companies in the nation (40). At the time of the sale, Dominion had approximately $370,000,000 in revenue and about 325 employees.
Prior to joining Dominion, Stephen spent over a decade working in the Commercial Mortgage Backed Securities business in NYC, most recently as a Managing Director at the Royal Bank of Scotland. Stephen led billions of dollars' worth of transactions, including many individual transactions worth billions. Prior to joining Wall Street, Stephen practiced commercial real estate law at some of the most prestigious law firms in NYC.