Leadership Overview
Madison Industries has 9 executives leading key functions including strategy, safety and flow operations, financial management, and medical sector development.
Committed to building market leaders that enhance global productivity, Madison Industries delivers innovative financial solutions and strategic investments to create safer, healthier environments across North America.
Committed to building market leaders that enhance global productivity, Madison Industries delivers innovative financial solutions and strategic investments to create safer, healthier environments across North America.
Leadership Roles at Madison Industries
Elliot Groves - Chief Executive Officer
Elliot Groves, the Chief Executive Officer at Madison Industries, directs the overarching corporate strategy and investment vision. Groves architects long-term growth initiatives by identifying high-potential market leaders within the healthcare, transportation, and manufacturing sectors. By overseeing the allocation of capital across diverse portfolio companies, the Chief Executive Officer ensures alignment with the firm's mission to foster safer and more productive environments. This leadership role involves constant engagement with the Board to refine investment criteria and optimize operational performance across North American holdings. Elliot Groves maintains a rigorous focus on scaling entrepreneurial ventures through disciplined financial oversight and strategic business development. Through these efforts, the Chief Executive Officer drives sustainable value creation, positioning the firm as a premier partner for market-leading organizations seeking to expand their influence and operational efficiency in competitive global landscapes.
Howard Kristofer - President & Chief Executive Officer, Safety & Flow (Madison)
Howard Kristofer, the President & Chief Executive Officer, Safety & Flow (Madison) at Madison Industries, manages the specialized division dedicated to critical infrastructure and flow control technologies. Kristofer drives the development of innovative solutions that enhance safety standards within industrial environments across North America. By overseeing product engineering and market expansion, the President & Chief Executive Officer, Safety & Flow (Madison) ensures that the division maintains its status as a market leader in fluid management and safety systems. This role requires close collaboration with other executive leaders to integrate financial resources with technical advancements. Howard Kristofer executes complex operational strategies that improve manufacturing efficiency and product reliability. Through consistent focus on technological integration and market-specific needs, Kristofer secures the division's competitive advantage, ultimately supporting the broader corporate goal of building healthier and more productive industrial ecosystems through advanced engineering and strategic investment.
Dara Wright - Chief Executive Officer & President
Dara Wright, the Chief Executive Officer & President at Madison Industries, oversees the daily operational execution and organizational health of the firm. Wright directs the integration of business units, ensuring that each portfolio company adheres to the high standards of productivity and safety central to the company mission. By managing cross-functional teams, the Chief Executive Officer & President facilitates seamless communication between investment groups and operational departments. This leadership position involves refining internal processes to support rapid scaling and market penetration across North American territories. Dara Wright monitors key performance indicators to ensure that strategic objectives translate into tangible financial results. Through proactive management of organizational culture and operational workflows, Wright strengthens the firm's market position. The Chief Executive Officer & President remains dedicated to fostering an environment where entrepreneurial ventures thrive, leveraging deep industry expertise to drive consistent growth and operational excellence across the entire corporate portfolio.
Christopher Domke - Chief Financial Officer
Christopher Domke, the Chief Financial Officer at Madison Industries, manages the firm's comprehensive financial architecture and capital structure. Domke directs all fiscal planning, reporting, and investment analysis to ensure the long-term stability of the organization. By overseeing the financial health of various portfolio companies, the Chief Financial Officer provides the necessary data-driven insights to support strategic decision-making at the executive level. This role involves coordinating with external stakeholders and internal leadership to optimize capital allocation across North American operations. Christopher Domke implements robust financial controls that mitigate risk while enabling aggressive growth in key sectors like manufacturing and transportation. Through meticulous oversight of balance sheets and cash flow management, the Chief Financial Officer ensures that the firm maintains the liquidity required for future acquisitions. Domke drives financial transparency and accountability, reinforcing the company's reputation as a disciplined and effective investor in market-leading enterprises.
Ryan Norwick - Chief Financial Officer, Safety Flow & Energy (Madison, Madison)
Ryan Norwick, the Chief Financial Officer, Safety Flow & Energy (Madison, Madison) at Madison Industries, oversees the financial operations specifically tailored to the energy and safety flow divisions. Norwick directs the budgeting, forecasting, and cost-management strategies that support the development of energy-efficient technologies. By analyzing market trends within the energy sector, the Chief Financial Officer, Safety Flow & Energy (Madison, Madison) ensures that capital investments align with the firm's commitment to safer and more productive industrial environments. This role involves managing complex financial reporting requirements for specialized business units operating across North America. Ryan Norwick collaborates with operational leaders to improve margins and drive profitability through rigorous financial discipline. Through the implementation of advanced fiscal strategies, Norwick supports the division's ability to innovate and maintain market leadership. The Chief Financial Officer, Safety Flow & Energy (Madison, Madison) remains focused on optimizing resource allocation to maximize the impact of every investment in the energy and safety flow portfolio.
Thomas McMillin - Chief Financial Officer , Phothera. Madison Medical
Thomas McMillin, the Chief Financial Officer , Phothera. Madison Medical at Madison Industries, manages the financial strategy for the medical and healthcare technology division. McMillin directs the financial planning and analysis necessary to support the development of innovative medical solutions that improve patient outcomes and healthcare productivity. By overseeing the fiscal health of the medical portfolio, the Chief Financial Officer , Phothera. Madison Medical ensures that resources are effectively deployed to meet the unique regulatory and market demands of the healthcare industry. This role involves working closely with clinical and operational teams to ensure that financial goals support the delivery of high-quality medical products across North America. Thomas McMillin implements strategic financial frameworks that facilitate research and development while maintaining profitability. Through careful management of medical sector investments, McMillin drives the division's growth and market impact. The Chief Financial Officer , Phothera. Madison Medical remains committed to ensuring that financial performance directly enables the creation of healthier environments.
Joel Brandt - Group Chief Financial Officer, Madison Air, Dehumidification & DOAS Group
Joel Brandt, the Group Chief Financial Officer, Madison Air, Dehumidification & DOAS Group at Madison Industries, oversees the financial operations for the air quality and climate control business units. Brandt directs the financial strategy for dehumidification and dedicated outdoor air systems, ensuring that these divisions maintain high levels of operational efficiency. By managing the fiscal performance of these specialized groups, the Group Chief Financial Officer, Madison Air, Dehumidification & DOAS Group supports the firm's mission to create healthier indoor environments through advanced technology. This role involves coordinating with engineering and sales teams to align financial targets with market demand across North America. Joel Brandt implements rigorous cost-control measures and investment strategies that drive profitability in the climate control sector. Through detailed financial oversight, Brandt ensures that the group remains competitive and capable of scaling its innovative solutions. The Group Chief Financial Officer, Madison Air, Dehumidification & DOAS Group provides the financial foundation necessary for sustained growth and technological advancement.
John Smits - Chief Financial Officer, Medical (Madison)
John Smits, the Chief Financial Officer, Medical (Madison) at Madison Industries, manages the financial reporting and strategic planning for the medical division. Smits directs the allocation of capital to support the manufacturing and distribution of medical equipment that enhances healthcare safety. By overseeing the financial performance of medical-focused business units, the Chief Financial Officer, Medical (Madison) ensures that the firm meets its growth objectives while maintaining high standards of operational excellence. This role involves analyzing market opportunities and managing financial risks associated with the rapidly evolving healthcare landscape in North America. John Smits collaborates with other executive leaders to ensure that financial resources are aligned with the company's broader mission of creating healthier environments. Through the implementation of effective fiscal policies, Smits drives the division's ability to deliver innovative medical solutions. The Chief Financial Officer, Medical (Madison) remains dedicated to optimizing financial outcomes that support the long-term success and market leadership of the medical portfolio.
Peter Clifford - Group Chief Financial Officer, Filtration
Peter Clifford, the Group Chief Financial Officer, Filtration at Madison Industries, oversees the financial strategy for the filtration business group. Clifford directs the budgeting, capital investment, and financial performance monitoring for all filtration-related operations. By ensuring that the filtration division maintains a strong financial position, the Group Chief Financial Officer, Filtration supports the firm's goal of providing innovative solutions that make environments safer and more productive. This role involves managing the financial complexities of a high-growth sector, including supply chain costs and market expansion initiatives across North America. Peter Clifford works with operational managers to improve efficiency and drive revenue growth through strategic financial planning. Through the application of rigorous fiscal oversight, Clifford ensures that the filtration group remains a market leader. The Group Chief Financial Officer, Filtration remains focused on delivering the financial results necessary to support the firm's commitment to building market leaders that improve global industrial standards and environmental health.
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