President
Current
Nov 2016 - Present
AeroLeads people directory · profile
Stephen Kapsalis Email & Phone Number
President at Capstone Field Services
at
Capstone Equipment & Capstone Engineering
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✓ Verified May 2026
3 data sources
Profile completeness 86%
Current company
Role
President at Capstone Field Services
Location
Prospect, Kentucky, United States
Who is Stephen Kapsalis? Overview
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Stephen Kapsalis is listed as President at Capstone Field Services at Capstone Equipment & Capstone Engineering, based in Prospect, Kentucky, United States. AeroLeads shows a matched LinkedIn profile for Stephen Kapsalis.
Stephen Kapsalis previously worked as President at Capstone Equipment & Capstone Engineering and CEO at Express Group Holdings. Stephen Kapsalis holds Ms, Civil Engineering from University Of Louisville.
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Capstone Equipment & Capstone Engineering
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Profile bio
About Stephen Kapsalis
Successful career as a senior executive leading organizations in the mechanical, environmental, petroleum, and power industries in the United States and abroad. Significant international experience in generating organic revenue growth, and orchestrating financial and operating performance turnarounds of under-performing assets. A solid record of achieving significant sales and profit growth while reducing direct & indirect expenses, working capital requirements, and debt in a concerted effort to create “Prime Value” for the shareholders.> Successful turnaround of businesses such as American Air Filter. Sales were grown organically from $299 million to $517 million from July 2003 through December 2007 for a 13% annualized growth rate after a -1% CAGR for the prior ten years. Increased operating profit by 105% over the same period. > International business experience serving on private and public Board of Directors in U.S., Europe, Middle East, India, and Asia. > Introduction and implementation of a vigorous strategic planning process based upon exhaustive market research, cataloging of core competencies, identification and ranking of opportunities, selection of targeted opportunities, gap analysis, and calendared action plans tied to incentive compensation plan.> Registered Professional Engineer in PA, OH, IN, IL, KY, OK, MT, FL, SC, NC, and Alberta, Canada. Extensive experience in the design, product enhancement, and manufacture of engineered equipment such as air pollution control baghouses, gas turbine inlet filter and SCR exhaust systems, heat recovery steam generators (HRSG), once through steam generators (OTSG), power boilers, waste heat recovery units (WHRU), military vehicle fabrications, ASME pressure vessels, piping, process skids and cold boxes for ambient and cryogenic service.> 20 years of experience establishing successful global sourcing supply chains developing suppliers and subcontractors in low cost countries.
Current workplace
Stephen Kapsalis's current company
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Capstone Equipment & Capstone Engineering
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7 roles · 44 years
Stephen Kapsalis work experience
A career timeline built from the work history available for this profile.
Ceo
Express Group Holdings
- Implemented the “Prime Value” strategic planning process and led the major restructuring for this $125 - $140 million/year business with approximately 400 employees located at six (6) facilities through Oklahoma, Utah.
- Reduced SG&A by $1.7 million.
- Restructured credit facility.
- Introduced global sourcing initiative to reduce material and component cost by sourcing in Asia and Mexico.
- Improved annual EBITDA by $15+ million from 2013 – 2015, excluding any one-off gains.
- Navigated the step decline of oil prices in late 2014 which resulted in the loss of a significant source of revenue.
Apr 2013 - Oct 2016
President And Chief Executive Officer
- Led strategic planning process, implemented detailed action plans, and provided daily leadership for this $200 - $300 million/year business with approximately 225 employees. Vogt Power is a premier supplier of Heat.
- Opened Vogt Power’s first international sales, engineering, and operations office in Bang Na, Thailand to better serve the customer base in that region.
- Created and led a marketing plan to increase sales of HRSG units to Siemens Energy, GE, Calpine, Gama, and Enka. This effort culminated in the award of multiple HRSG units in Venezuela, Thailand, Latvia, and the U.S.A.
Nov 2009 - Apr 2013
President & Ceo
- Led the turnaround of this $500 million/year business with 2860 employees and 22 factories supporting sales in 69 countries, reversing 10 years of -1% CAGR to achieve 4 years of 14% CAGR. The Air Filter Division serves.
- Increased sales organically from $299 million to $517 million from July 2003 through December 2007 (forecast as of November 2007) for a 14% annualized growth rate.
- Increased operating profit by 105% over the same period. Shareholders realized significant gains from this creation of “Prime Value” when acquired by Daikin Industries, Ltd in 2006 at a valuation of 21 times EBITDA.
- Established 3 factories and 12 sales offices on mainland China to become the air filter market leader in China.
- Launched the Gas Phase Filtration Business to complement AAF International’s 85 year focus on particulate filtration.
- Rebuilt R&D organization with 2 new laboratories, developed proprietary media, increased annual spend by 200%.
Jul 2003 - Nov 2007
Vice President & General Manager
Aug 2000 - Jun 2003
Vice President & General Manager
Oct 1995 - Jul 2000
Engineering/Project Manager
Pullman Power Products
1982 - 1988
~6 yrs
2 education records
Stephen Kapsalis education
Ms, Civil Engineering
University Of Louisville
Bachelor Of Science (Bs), Civil Engineering Technology/Technician
University Of Pittsburgh-Johnstown
FAQ
Frequently asked questions about Stephen Kapsalis
Quick answers generated from the profile data available on this page.
What company does Stephen Kapsalis work for?
Stephen Kapsalis works for Capstone Equipment & Capstone Engineering.
What is Stephen Kapsalis's role at Capstone Equipment & Capstone Engineering?
Stephen Kapsalis is listed as President at Capstone Field Services at Capstone Equipment & Capstone Engineering.
Where is Stephen Kapsalis based?
Stephen Kapsalis is based in Prospect, Kentucky, United States while working with Capstone Equipment & Capstone Engineering.
What companies has Stephen Kapsalis worked for?
Stephen Kapsalis has worked for Capstone Equipment & Capstone Engineering, Express Group Holdings, Vogt Power International, Aaf International (American Air Filter), and Pullman Power Products.
How can I contact Stephen Kapsalis?
You can use AeroLeads to view verified contact signals for Stephen Kapsalis at Capstone Equipment & Capstone Engineering, including work email, phone, and LinkedIn data when available.
What schools did Stephen Kapsalis attend?
Stephen Kapsalis holds Ms, Civil Engineering from University Of Louisville.
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