FOR IMMEDIATE RELEASE - Coastal Concrete Restoration LLC Announces Leadership Transition
Coastal Concrete Restoration LLC announces a leadership transition, with Michael B. Maglio appointed as Interim CEO following the resignation of Meli Figueres. The company remains focused on strong execution, operational continuity, and delivering high-quality restoration and waterproofing services across Florida while a search for a permanent CEO is underway.

Fort Lauderdale, Florida — April 27, 2026 — At Coastal Concrete Restoration LLC (“Coastal”), we
are announcing a leadership transition as part of our continued evolution and focus on long-term
growth.
Our Board of Directors has accepted the resignation of Meli Figueres from her role as Chief Executive
Officer. We are grateful for her leadership and contributions during an important period for our
company.
We are pleased to share that Michael B. Maglio has been appointed Interim Chief Executive Officer,
effective immediately.
Michael brings extensive leadership experience and a deep understanding of our operations, teams,
and strategic priorities. In this role, he will focus on maintaining operational continuity, strengthening
execution across our projects, and driving performance across the business.
“As a team, our priority remains the same supporting our clients, executing our work with consistency,
and continuing to build on the strong foundation we’ve created together,” said Michael B. Maglio. “I’m
committed to working alongside our team to deliver results and move Coastal forward.”
As a company, we remain focused on delivering high-quality concrete restoration, waterproofing, and
exterior solutions to our clients across Florida. Our commitment to accountability, communication, and
execution continues to guide everything we do.
The Board has initiated a process to identify a permanent Chief Executive Officer and will consider both
internal and external candidates.
About Coastal Concrete Restoration LLC
Coastal Concrete Restoration LLC is a Florida-based contractor specializing in concrete restoration,
waterproofing, and exterior building envelope solutions. We partner with property managers,
associations, and ownership groups to deliver turnkey services with a focus on safety, quality, and
long-term asset protection.