Momentum Textiles & Wallcovering is pleased to announce the appointment of David M. Krakoff as the company’s new Chief Executive Officer. Krakoff takes over from Roger Arciniega who announced his retirement in November after a thirty-threeyear career at Momentum.

David Krakoff has had a diverse, international career spanning more than thirty years as a senior executive with leading, world class, global companies in the Building Materials, Decorative Products and Technology sectors. These include companies with strong worldwide brand names such as Electrolux (Stockholm, Sweden), Frigidaire, Kaiser Aluminum, and Southwire Company (USA), and TOTO Ltd. (Kokura, Japan), the world’s largest manufacturer of plumbing fixtures, where he served as President, Americas. Mr. Krakoff is a specialist in creating strong corporate cultures and high-performance teams. He is a multilingual, multicultural executive and has worked in most of the world’s major and emerging markets. Krakoff has had a consistent track record of leadership success through a combination of industry-leading organic growth, mergers and acquisitions, and award-winning new product development, highlighted by a commitment to sustainability and good corporate citizenship.

“Taking the helm at a company with Momentum’s history of achievement and leadership is a great opportunity and an exciting challenge”, said Krakoff. “I am eager to lead Momentum on an ambitious, growth-focused course and continue the tradition set by the previous CEO’s, John Wilkinson and Roger Arciniega.” When announcing his retirement, outgoing CEO Roger Arciniega said, “It has been the opportunity of a lifetime to be part of the Momentum team. We have accomplished so much together, and I am confident David will continue our incredible track record of success.”

Mr. Krakoff is a native of Toledo, Ohio and received bachelors and graduate degrees from The Ohio State University. He resides in both the Atlanta, Georgia and San Antonio, Texas areas and will be relocating to southern California soon.