Marcus Holloway Named CEO as Sourcepass Founder Shifts to Chairman

After five years of rapid scaling, managed services provider Sourcepass is restructuring its leadership to navigate the next phase of its expansion. Founder Chuck Canton moves to executive chairman, handing the chief executive reins to Marcus Holloway, a veteran tasked with steering the firm toward AI-driven service delivery.

Corp and Tech·August 18, 2026·reads: 1,000

Marcus Holloway Named CEO as Sourcepass Founder Shifts to Chairman

The transition follows a period of aggressive growth for the New York-based company, which has surpassed $100 million in annual revenue. Since its inception, Sourcepass has integrated 13 acquisitions and expanded its workforce to nearly 500 employees. The firm reports achieving its highest profitability levels this year, a performance Canton attributes to the team's disciplined execution and client-focused culture.

Holloway enters the role with a clear mandate to accelerate operational performance and deepen the company’s national footprint. His strategy centers on integrating automation and AI-enabled service offerings into the firm's existing portfolio. This evolution occurs alongside sustained industry recognition, highlighted by the company’s fourth consecutive win as Pax8 Partner of the Year.

Financial support remains a cornerstone of the company’s trajectory, with Metropolitan Partners Group continuing its backing of Sourcepass’s acquisition strategy. As the firm looks ahead, Holloway intends to balance the entrepreneurial spirit established by Canton with the demands of scaling technology-enabled services in a competitive market.