Parallel Technologies names Jon Marks CEO

Parallel Technologies has appointed Jon Marks as chief executive officer, effective Aug. 11, as the security integrator looks to its next phase of growth. Marks brings more than 20 years of leadership experience across building technology, security and services, most recently as president of Tanknology.

Why it matters: - Jon Marks takes over as Parallel Technologies’ CEO at a time when the company is positioning itself for growth across enterprise security, communications and network infrastructure. - The leadership change adds an executive with experience scaling businesses and running field-based services operations.

What happened: - Parallel Technologies appointed Jon Marks as chief executive officer, effective Aug. 11, 2026. - Marks most recently served as president of Tanknology from 2024 to 2026. - Before Tanknology, Marks spent nearly two decades at Honeywell and Johnson Controls in general management, commercial, operations and strategy roles. - Parallel Technologies announced the leadership change from Eden Prairie, Minnesota.

The details: - Marks has more than two decades of executive leadership experience in the security, building technology and services sectors. - His resume includes work focused on scaling businesses, operational excellence and team development. - Marks holds an MBA from Vlerick Business School and a BA in Business & Communications from Lake Forest College. - Parallel Technologies said Marks will work with the executive leadership team and board of directors on the company’s next phase of growth. - The company continues to serve enterprise clients worldwide with physical security, communications and network infrastructure solutions. - Parallel Technologies describes itself as a security integrator with a national presence and global reach. - The company says it is investing in innovation and expanding capabilities as a growth platform.

Between the lines: - The hire signals a preference for an operator with experience in both technology and services businesses, not just a traditional security industry executive. - Marks’ background at large industrial and building technology companies suggests Parallel Technologies is looking to sharpen execution as it expands. - The CEO’s comments point to a focus on people, capabilities and customer value rather than a major strategy shift.

What’s next: - Parallel Technologies said Marks will lead the company into its next chapter and continue serving enterprise customers worldwide. - The company’s near-term priorities appear to center on growth, operational execution and broader solution delivery under new leadership. - Luke Musech, chairman of Parallel Technologies, said the board will support Marks during the transition.