North Central / Regional Reports

SET Enterprises Names New President/CEO

October 15, 2012
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WARREN, Mich. — SET Enterprises Inc., a provider of steel processing, duct manufacturing, and construction services with operations in Michigan, Indiana, Illinois, and Alabama, announced that Victor Edozien has been named president and CEO. In addition, Edozien, through AG-Steel LLC (an affiliate company of The Asaba Group Inc.), has also acquired a significant equity position in the company.

Sid E. Taylor, chairman of SET Enterprises, said, “With our recent expansion into Alabama, our entry into the heating, ventilation, and air conditioning (HVAC) duct and construction industries as well as our growth in our core businesses including automotive, we recognized the need to expand our organizational resources, and are very fortunate to be able to add a person of Victor’s caliber to the SET team. In addition to Victor having been a SET Enterprises board member for the past five years, I have worked with Victor on other ventures and know he will bring significant strength to the organization on a day-to-day basis in the core areas of operations, quality, and finance. Additionally, with Victor acquiring an equity position in the company, we set the foundation for a long-term succession plan that will carry the company well into the future.”

Edozien is the founder/managing principal of The Asaba Group, a strategic consulting/private equity holding company, and is a veteran of the U.S. Army. SET Enterprises, led by Taylor, a Vietnam veteran and former Ernst and Young Entrepreneur of the Year recipient, has been a provider of steel processing services since 1989.

For additional information, visit www.setenterprises.com, www.setductmanufacturing.com, and www.setconstruction.com.

Publication date: 10/15/2012

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