NEW YORK, NY, September 30, 2026 /24-7PressRelease/ -- Philip J. Kraus has been included in Marquis Who's Who. As in all Marquis Who's Who biographical volumes, individuals profiled are selected on the basis of current reference value. Factors such as position, noteworthy accomplishments, visibility, and prominence in a field are all taken into account during the selection process.

Mr. Kraus has demonstrated remarkable longevity and resilience in the plumbing and building services industry, having maintained a thriving business in New York City for more than five decades. Since 1980, he has served as the president and chief executive officer of Fred Smith Plumbing & Heating, overseeing all aspects of company operations. His responsibilities include managing both back office and field operations, fostering a strong company culture, and guiding the transition of leadership to his two sons.

Under Mr. Kraus's stewardship, the company has grown to employ approximately 130 individuals, including about 110 field workers. He is particularly proud of the exceptional employee retention within his organization, with many staff members remaining for 30 years or more — a testament to his philosophy of treating employees with respect and making them feel valued.

Prior to acquiring Fred Smith Plumbing & Heating, Mr. Kraus spent nine years as a field supervisor in his family's plumbing business from 1971 to 1980. This role provided him with hands-on experience in the industry and allowed him to build expertise in plumbing, fire suppression and luxury co-op and condominium services. His commitment to excellence in these areas has established him as an expert in the field and contributed significantly to the company's reputation for quality service.

Mr. Kraus' educational background includes a degree in accounting and finance from Ithaca College in Ithaca, New York. The analytical skills gained through this academic achievement enabled him to evaluate financial statements effectively, which proved instrumental when purchasing Fred Smith Plumbing and Mechanical in 1980. In addition to his academic credentials, he holds licenses as a plumbing contractor and as a fire suppression contractor in New York City. These certifications have further solidified his standing as a leader in his profession.

The foundation of Mr. Kraus's career is rooted in a deep family legacy that began when his grandfather established the family plumbing business in 1908. Both his father and uncle contributed significantly to its success, providing him with early exposure to the industry's demands and values. He attributes much of his professional success to maintaining focus on core priorities, caring for family, and nurturing the business with unwavering attention.

The wisdom imparted by Fred Smith — that being good to the business ensures reciprocal benefit — continues to guide Mr. Kraus's approach. He emphasizes that reputation is paramount in New York City and beyond, advocating for exceptional client service and positive treatment of employees as essential drivers of repeat business and word-of-mouth referrals.

Beyond his professional pursuits, Mr. Kraus has been actively involved in supporting real estate managers and building management organizations throughout New York whose properties are serviced by his company. He has also dedicated time to advising nonprofit organizations focused on building and grounds management, reflecting a commitment to strengthening both the industry and the broader community.

In his personal life, Mr. Kraus is married with two adult sons who are now integral members of the family business and have families of their own. He is a grandfather to six grandchildren, ranging in age from 2 to 7 years old. Outside of work, he enjoys jogging, reading and spending time with his family. Looking ahead, he intends to continue gradually handing over leadership responsibilities at Fred Smith Plumbing & Heating to his sons while transitioning into a supportive role within the organization, ensuring that the legacy of this fourth-generation family enterprise endures for years to come.

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