21-year-old college student to take reins of father’s Farmington Hills construction business ‘I’m going to prove myself every step of the way’
FARMINGTON HILLS, Mich. – Vinessa Palermo is only 21 years old, but she’s about to take the helm of a $70 million business.
It will be no small feat to fill the shoes of Steve Palermo, a veteran construction worker with Lasalle Construction .
The company started with Steve Palermo and another man more than 30 years ago. It has since grown into a business in 24 states and pulls in roughly $70-to-100 million annually.
Steve Palermo decided he wants to retire and is turning the business over to his daughter, Vinessa Palermo, who is completing her senior year at University of South Carolina, where she studies business management and business analytics.
You can watch Paula Tutman’s full story in the video above.
More: Oakland County News
Copyright 2021 by WDIV ClickOnDetroit - All rights reserved.
911 call from Sherrone Moore's wife after firing ▶ 1:58
911 call from Sherrone Moore's wife after firing
The hidden danger of that first call to your insurance company ▶ 0:46
The hidden danger of that first call to your insurance company
Maria Scott's quick thinking prevents school tragedy ▶ 1:08
Maria Scott's quick thinking prevents school tragedy
Detroit Mayor Sheffield formally takes oath of office ▶ 3:26
Detroit Mayor Sheffield formally takes oath of office
Romulus shooting suspect disrupts court, cusses out judge ▶ 1:02
Romulus shooting suspect disrupts court, cusses out judge
Oakland County man honored for life-saving rescue on Bush Lake in Holly ▶ 0:45
Oakland County man honored for life-saving rescue on Bush Lake in Holly
Ypsilanti standoff damages home, disrupts local services ▶ 0:43
Ypsilanti standoff damages home, disrupts local services
Cat filter disrupts Michigan court hearing ▶ 0:23
Cat filter disrupts Michigan court hearing
Hearing in Washtenaw County foster family killings ▶ 1:37
Hearing in Washtenaw County foster family killings
Acker's death ruled accidental; USPS safety questioned ▶ 0:44
Acker's death ruled accidental; USPS safety questioned
Detroit sees lowest murder rate since 1965 ▶ 0:37
Detroit sees lowest murder rate since 1965
Hearing on Mario Willis arson case continues ▶ 1:22
Hearing on Mario Willis arson case continues
They were filming inside a business. That led to a confrontation ▶ 0:36
They were filming inside a business. That led to a confrontation
Armed man arrested at Romulus Middle School ▶ 2:27
Armed man arrested at Romulus Middle School
US/Canada icebreaking effort aids Great Lakes ▶ 0:31
US/Canada icebreaking effort aids Great Lakes
3 Preventable Ways Insurance Companies Use to Deny Your Claim.mp4 ▶ 0:51
3 Preventable Ways Insurance Companies Use to Deny Your Claim.mp4
Powerful winds cause Lake Erie to flee Ohio, Michigan ▶ 0:56
Powerful winds cause Lake Erie to flee Ohio, Michigan
Record-breaking snowfall hits Upper Peninsula ▶ 0:24
Record-breaking snowfall hits Upper Peninsula
Firefighter injured as crews battle fire at Southgate motel ▶ 0:54
Firefighter injured as crews battle fire at Southgate motel
From the Vault: Christmas shopping in Detroit, 1973 ▶ 1:05
From the Vault: Christmas shopping in Detroit, 1973
U.S. beef prices soar over past year ▶ 0:43
U.S. beef prices soar over past year
Michigan players react to Sherrone Moore situation ▶ 1:23
Michigan players react to Sherrone Moore situation
Bell ringer shot dead at Kroger; suspect arrested ▶ 0:39
Bell ringer shot dead at Kroger; suspect arrested
Court docs: Moore's arrest tied to ended relationship ▶ 0:49
Court docs: Moore's arrest tied to ended relationship
Hero cop saves 1-year-old in Sterling Heights ▶ 0:58
Hero cop saves 1-year-old in Sterling Heights
Previous photo Next photo