WILMINGTON – After 25 years with the company, 15 years of which as President & CEO, Greg Sawka will retire at the end of 2025, with longtime executive Mike Petka appointed as his successor.

This marks only the second time in Bancroft’s 50-year history that the company’s top leadership has changed hands. Founded in 1975 by Stephen M. Mockbee, Bancroft grew from a small builder on the banks of the Brandywine River in Wilmington, Delaware into one of the most respected construction management firms in the Mid-Atlantic Region. Stephen’s vision was simple yet enduring: to deliver projects with integrity, professionalism, and a genuine commitment to the community in which we live and work. In 2010, Mockbee transitioned leadership to Greg Sawka, who carried those values forward while expanding B

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