AMPAM Appoints New Chief Executive Officer

Sep 18, 2025

AMPAM Appoints Payman Farrokhyar as Chief Executive Officer; Chris Kennedy Transitions to Vice Chairman

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AMPAM, a portfolio company of Gemspring Capital and California’s largest integrated residential mechanical, electrical, and plumbing (MEP) contractor, announced the appointment of Payman Farrokhyar as Chief Executive Officer. Chris Kennedy, who has served as CEO, will transition into the role of Vice Chairman, where he will focus on strengthening client relationships and driving new growth opportunities.

AMPAM has established itself as the market leader in plumbing, HVAC, and electrical services for complex, large-scale multifamily and high-rise residential developments across California. Renowned for best-in-class service, innovation, and consistent execution, the company has become the partner of choice for integrated design-build MEP solutions and continues to expand its footprint.

Mr. Farrokhyar brings extensive leadership experience across engineering, construction, and operations. Throughout his career, he has successfully scaled organizations, enhanced operational performance, and launched new business verticals across both industrial and commercial markets.

“I am honored to join AMPAM at such an exciting time in its history,” said Farrokhyar. “The company’s reputation as the premier integrated residential MEP partner is unmatched, and I look forward to building on its strong foundation to drive continued growth and deliver exceptional value to developers, builders, and clients.”

In his new role as Vice Chairman, Mr. Kennedy will concentrate on client relationships and market growth, leveraging his decades of experience and trusted partnerships to help AMPAM achieve its ambitious expansion goals.

“Serving as CEO of AMPAM has been a tremendous privilege,” said Mr. Kennedy. “With Payman leading the company into its next chapter, I look forward to focusing on supporting our clients and advancing the opportunities that will drive AMPAM’s continued growth.”

View the full press release here.


Executive Search Partnership: AMPAM

 

Partners Tim Conti and Alex Pelak are proud to have partnered with AMPAM on this recent Chief Executive Officer appointment. Learn more about ON Partners by downloading our recent 2025 CEO Report, exploring multi-faceted pathways to the CEO role and 2024 Private Equity Talent Trends Report, which unveils the five key themes reshaping executive talent strategies in private equity.

AMPAM is California’s largest integrated residential MEP contractor, specializing in multifamily design-build projects. The company provides comprehensive plumbing, HVAC, and electrical solutions for high-rise and large-scale developments, partnering with leading developers and builders to deliver complex projects with excellence. For more information, visit www.ampam.com.

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AMPAM Appoints New Chief Executive Officer
AMPAM Appoints New Chief Executive Officer
AMPAM Appoints New Chief Executive Officer
AMPAM Appoints New Chief Executive Officer
AMPAM Appoints New Chief Executive Officer
AMPAM Appoints New Chief Executive Officer
AMPAM Appoints New Chief Executive Officer
AMPAM Appoints New Chief Executive Officer