Pinnacle Names Jeremy Kidd Chief Executive Officer

Founder Gregg Kidd moves to executive chairman as Jeremy Kidd, who has spent 11 years with the company, takes over as CEO.

Updated on Nov. 2, 2026 in People

Pinnacle Names Jeremy Kidd Chief Executive Officer

Pinnacle Holding Company named Jeremy Kidd chief executive officer, succeeding founder Gregg Kidd, who transitioned to executive chairman. Scott Ellman was also promoted to chief revenue officer in the leadership changes announced Nov. 2.

Why it matters

The changes reflect the company's focus on succession planning and continuity for clients and employees, according to the announcement. The company has a history spanning more than three decades in Syracuse.

Jeremy Kidd has spent 11 years with Pinnacle Holding Company before assuming the CEO role, while Scott Ellman brings more than 24 years of experience from Paychex. The announcement does not disclose revenue, client counts or other operating metrics tied to the leadership change.

The players

Pinnacle Holding Company

A Syracuse-based company with a history spanning more than three decades that provides business services to clients in the region.

Jeremy Kidd

The newly named chief executive officer who has spent 11 years with Pinnacle Holding Company and succeeds the company's founder.

Gregg Kidd

The founder of Pinnacle Holding Company who transitioned to executive chairman while remaining involved in long-term strategy.

Scott Ellman

A longtime industry executive with more than 24 years at Paychex, now promoted to chief revenue officer at Pinnacle.

The details

Jeremy Kidd will lead overall strategy, operations and continued growth as CEO. Gregg Kidd will remain involved in long-term strategy, major business initiatives, leadership development and company expansion, while Scott Ellman, previously director of sales at Pinnacle, will focus on accelerating organic growth and strengthening collaboration across affiliated businesses.

Nov. 2: Pinnacle Holding Company announces the executive leadership appointments.

Market Landscape

The move follows a common pattern in which founders step back to executive chairman roles while internal leaders take over day-to-day operations, as seen in many family-founded regional firms. Pinnacle's elevation of an 11-year insider to CEO, alongside an outside revenue leader, positions the company to pursue organic growth within its local market.

For Syracuse-area clients and employees, the leadership transition signals continuity in the company's operations and service relationships. The announcement does not indicate any changes to pricing, service offerings or staffing.

The takeaway

Succession planning that pairs a long-tenured insider as CEO with a founder staying on as executive chairman can preserve continuity while the company pursues new growth. Readers tracking Syracuse business leadership should watch for how the new revenue leadership shapes Pinnacle's client strategy.