With operations in the US, Canada and Europe, Encelium recently established its new headquarters here at 500 Frank W. Burr Blvd. The company has a second New Jersey office in Mt. Laurel, as well as global offices in Richmond Hill, Ontario and Malle, Belgium. The company's hallmark is its state-of-the-art product, dubbed the Energy Control System, which is designed to maximize energy savings and provide a return on investment in both new and retrofitted buildings.

"Encelium is at the forefront of meeting today's energy challenges, and I am thrilled to be leading this company's efforts," Marano said in a statement. "Although lighting represents one of the largest energy loads in commercial buildings, it's been neglected as a means of helping reduce energy costs," he tells GlobeSt.com, adding, "Encelium provides property owners and managers with the resources to make viable changes that ultimately conserve energy."

Prior to his role as CEO of Cushman & Wakefield, Marano served as the company's global COO. In addition, he was the vice president of the business services division at Lucent Technologies as well as the vice president of global real estate for Lucent after its spinoff from AT&T. Prior to that, he served as the vice president of global real estate for AT&T, where he was responsible for the management of AT&T's 160 million-square-foot worldwide portfolio.