Edition:
United Kingdom

Great Lakes Dredge & Dock Corp (GLDD.OQ)

GLDD.OQ on NASDAQ Stock Exchange Global Select Market

5.25USD
20 Jun 2018
Change (% chg)

-- (--)
Prev Close
$5.25
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
37,356
52-wk High
$5.70
52-wk Low
$3.62

Summary

Name Age Since Current Position

Lawrence Dickerson

65 2018 Chairman of the Board

Lasse Petterson

60 2017 Chief Executive Officer, Director

Mark Marinko

55 2017 Chief Financial Officer, Senior Vice President

Christopher Shea

54 2015 President - Environmental & Infrastructure Division

David Simonelli

60 2010 President - Dredging Division

Kyle Johnson

55 2013 Chief Operating Officer, Executive Vice President

Kathleen Lavoy

37 2018 Senior Vice President, Chief Legal Officer and Corporate Secretary

Great Lakes

2018 Vice President - Human Resources

Kathleen Shanahan

2018 Director

Ronald Steger

63 2018 Director

D. Michael Steuert

68 2017 Independent Non-Executive Director

Ryan Levenson

41 2016 Independent Director

Michael Walsh

62 2017 Independent Director

Carl Albert

75 2010 Independent Non-Executive Director

Abby Sullivan

2017 IR Contact Officer

Biographies

Name Description

Lawrence Dickerson

Mr. Lawrence R. Dickerson has been appointed Chairman of the Board of the Company effective February 1, 2018. Mr. Dickerson spent 34 years at Diamond Offshore Drilling, Inc. (NYSE:DO), a deepwater oil and gas drilling contractor, where he served as President and Chief Executive Officer from 2008 until his retirement in 2014. Prior to his service as President and Chief Executive Officer, Mr. Dickerson served as Chief Financial Officer (CFO), during which he helped take the company public, and Chief Operating Officer, during which he gained substantial operating and commercial experience. In addition to being a seasoned executive, Mr. Dickerson has significant board experience. He has been a Member of the Board of Directors on the boards of Murphy Oil Corporation (MUR), a gas exploration and production company, and Oil States International (NYSE:OIS), an oilfield equipment services company, since 2014. Mr. Dickerson is on the Audit and Nominating and Governance Committees at Murphy Oil Corporation and on the Audit Committee at Oil States International. He was Chairman of the Board of Directors at Hercules Offshore, Inc. from 2015 to 2016, an offshore drilling company, and he was a director of on the Board of Directors Global Industries, Ltd. from 2008 - 2012, a subsea construction company that was sold to Technip in 2011.

Lasse Petterson

Mr. Lasse J. Petterson is Chief Executive Officer, Director of the Company. Mr. Petterson most recently has served as a private consultant to clients in the oil and gas sector, and as Chief Operating Officer and Executive Vice President at Chicago Bridge and Iron Company N.V. (NYSE:CBI), an engineering, procurement and construction company, from 2009 to 2013. Reporting directly to the Chief Executive Officer, he was responsible for all of CB&I’s engineering, procurement and construction project operations and sales. Prior to CB&I, Mr. Petterson was Chief Executive Officer of Gearbulk, Ltd., a privately held company that owns and operates one of the largest fleets of gantry craned open hatch bulk vessels in the world. He was also President and Chief Operating Officer of AMEC Inc. Americas, a subsidiary of AMEC plc, a British multinational consulting, engineering and project management company. Prior to joining AMEC, Mr. Petterson served in various executive and operational positions for Aker Maritime, Inc., the deepwater division of Aker Maritime ASA of Norway over the course of 20 years. He spent the first nine years of his career in various positions at Norwegian Contractors, an offshore oil & gas platform contractor. Mr. Petterson is expected to be appointed Chief Executive Officer of the Company once he receives his U.S. citizenship. He received M.Sc. Engineering, Norwegian University of Technology and B.S., Norwegian University of Technology.

Mark Marinko

Mr. Mark Marinko is Chief Financial Officer, Senior Vice President of the Company. Mr. Marinko was most recently President of the Consumer Services division at TransUnion leading the direct to consumer and business market, customer service, consumer compliance and marketing for the credit information company. Prior to his position as President, Mr. Marinko has been in increasing accounting and financial roles as Controller and Vice President of Finance at TransUnion since 1996. Prior to TransUnion, Mr. Marinko served as controller of Official Airline Guides. In his over 30 years of professional experience, Mr. Marinko has held roles specializing in accounting, finance, sales, systems and business operations. Mr. Marinko earned a Bachelor of Arts degree in Accounting and Business Administration from Augustana College.

Christopher Shea

Mr. Christopher P. Shea is President - Environmental & Infrastructure Division of the Company. Mr. Shea has overall responsibility for the Environmental & Infrastructure Division. He has over 25 years of experience in global engineering, environmental services and construction management services. Prior to joining Great Lakes, Mr. Shea was at CH2M Hill, Inc., a global environmental and engineering consulting services firm, where he was most recently President of the Environmental and Nuclear Business Group. Prior to his nine year tenure at CH2M Hill, Mr. Shea was employed by Envirocon, Inc. as Senior Vice President of Business Development and Strategic Planning. Mr. Shea started his career at Waste Management (formerly Chemical Waste Management) in 1986. He received a BS in Chemistry from the University of Arizona.

David Simonelli

Mr. David E. Simonelli is President - Dredging Division of the Company. Mr. Simonelli has overall responsibility for the Dredging Division which includes safety, estimating, engineering, domestic and international operations and plant and equipment. He was named a Vice President of the Company in 2002 and Special Projects Manager in 1996. He joined the Company in 1978 as a Civil Engineer and has since held positions of increasing responsibility in domestic and international operations and project management. Mr. Simonelli earned a Bachelor of Science degree in Civil and Environmental Engineering from the University of Rhode Island. He is a member of the Hydrographic Society, the American Society of Civil Engineers and the Western Dredging Association.

Kyle Johnson

Mr. Kyle D. Johnson is Chief Operating Officer, Executive Vice President of the Company. He had served the Company as a Senior Vice President of Operations from 2010. Previously, he held the position of Vice President and Chief Contract Manager since 2006. He joined the Company in 1983 as a Mechanical Engineer and has since held positions of increasing responsibility in domestic and international engineering, operations and management. Mr. Johnson was named Vice President in 2002. Mr. Johnson earned a Bachelor of Science degree in Engineering from Purdue University and a Master’s of Science degree in Construction Engineering & Management from Stanford University.

Kathleen Lavoy

Ms. Kathleen Mackie Lavoy is Senior Vice President, Chief Legal Officer and Corporate Secretary of the Company. Ms. LaVoy joined the company in 2007 as Assistant General Counsel and was promoted to Vice President and General Counsel, Dredging Operations in 2012. Since November 2015, she has been serving as the Interim Chief Legal Officer. She received her J.D. cum laude from Northwestern University School of Law and was an associate in the litigation department of the Chicago law firm Winston & Strawn LLP before joining Great Lakes. Ms. LaVoy earned a Bachelor of Science degree with distinction in Business Administration from the University of North Carolina – Chapel Hill.

Great Lakes

Ms. Great Lakes is Vice President - Human Resources of the Company. Ms. Cyr has over twenty-five years of human resources experience with both public and private companies. In her most recent role, she was Executive Vice President Human Resources for Beaulieu Americas, a floor covering manufacturer. Prior to Beaulieu, she served as Executive Vice President Human Resources for syncreon, a global logistics company serving technology and automotive OEMs. Ms. Cyr has also led Human Resources for BrightPoint, a publicly traded global leader in providing end-to-end supply chain solutions to leading stakeholders in the wireless industry. Throughout her career, her key focus areas have included mergers and acquisitions, leadership and talent development, and the implementation of global processes and systems in support of the businesses' objectives. Ms. Cyr has a Master's degree in Personnel and Employment Relations and a Bachelor's degree in Political Sscience and History, both from the University of South Carolina.

Kathleen Shanahan

Ms. Kathleen M. Shanahan serves as Director of the Company. Ms. Shanahan is currently the Chair of Ground Works Solutions and previously served as Chair and Chief Executive Officer of the company (previously known as URETEK Holdings, Inc.), which provides foundation lifting and soil stabilization solutions, until March 2016. Ms. Shanahan also previously served as the Chair and Chief Executive Officer of WRS Infrastructure & Environment, Inc. (d/b/a WRScompass), an environmental engineering and civil construction company. Additionally, Ms. Shanahan has held numerous positions in government and public policy, having served on the campaigns and administrations of Vice Presidents George H.W. Bush and Dick Cheney as well as Chief of Staff for Governor Jeb Bush. Ms. Shanahan holds a Bachelor's Degree in Nutrition-Biochemistry from the University of California San Diego and received an Executive MBA from the New York University Leonard N. Stern School of Business.

Ronald Steger

Mr. Ronald R. Steger serves as Director of the Company. Mr. Steger currently serves on the Boards of Directors of Global Eagle Entertainment Inc. (NASDAQ:ENT) and Overseas Shipholding Group, Inc. (NYSE:OSG), where he holds the position of Audit Committee Chair for both. Mr. Steger also currently serves as an Advisory Board Member of ATREG, Inc. and he previously served on the Board of Directors of International Seaways, Inc. Additionally, Mr. Steger is currently a Senior Technical Advisor at Effectus Group, a boutique accounting advisory firm that specializes in serving high-growth technology companies. Until December 31, 2013, Mr. Steger worked as an Audit Partner for KPMG LLP, where he served a broad array of clients in the Fortune 1000 and middle market technology, chemical, food-service and semiconductor sectors. Additionally, throughout his career, Mr. Steger has gained significant knowledge regarding the marine services industry and remote data management and automation. Mr. Steger holds a Bachelor's Degree in Accounting from Villanova University, and he is a licensed Certified Public Accountant (retired status).

D. Michael Steuert

Mr. D. Michael Steuert is Independent Non-Executive Director of the Company. Mr. Steuert served as Senior Vice President and Chief Financial Officer of Fluor Corporation (NYSE:FLR), one of the world’s largest publicly traded engineering, procurement, construction, maintenance, and project management companies, from 2001 until his retirement in 2012. Prior to his service at Fluor, Mr. Steuert served as SVP and CFO of Litton Industries Inc., a defense contractor acquired by Northrop Grumman Corporation in 2001, and as Senior Vice President and Chief Financial Officer of GenCorp Inc., now Aerojet Rocketdyne, a technology-based aerospace and defense company (NASDAQ:AJRD), from 1990 to 1999. Mr. Steuert started his career at TRW Inc. In addition to his extensive executive leadership experience, Mr. Steuert has substantial board experience. He has been a member of the Board of Directors of Liquefied Natural Gas Limited (ASX:LNG) since 2015, and is a member of its Audit Committee and Chairman of its Risk Committee. He received M.S. Industrial Administration, Carnegie Mellon University and B.S. Physics, Carnegie Mellon University

Ryan Levenson

Mr. Ryan J. Levenson is Independent Director of the Company. Mr. Levenson is currently Principal and Portfolio Manager of Privet Fund Management LLC. Mr. Levenson currently serves on the Board of Directors of Frequency Electronics, Inc. (NASDAQ:FEIM), Hardinge, Inc. (NASDAQ:HDNG), Agjunction, Inc. (TSX:AJX) and Cicero, Inc. (OTC:CICN). Previously, Mr. Levenson served as a director of RELM Wireless, Inc. (NYSE:RWC), where he served as a member of the Audit Committee, and as a director and member of the Compensation, Organization and Corporate Governance Committee of Material Sciences Corp. from May 2013 until its sale in March 2014. Mr. Levenson also served as a member of the Board of Directors and Compensation and Audit Committees of The Middleby Corporation from May 2006 until November 2012. Prior to founding Privet Fund Management LLC in February 2007, Mr. Levenson served as Vice President of Business Development at MSI, a privately held building products distributor and construction services company, from 2003 until 2006. Prior to his service with MSI, Mr. Levenson served as a financial analyst for Cramer Rosenthal McGlynn’s long/short equity hedge fund after working at SAC Capital Advisors LLC in a similar capacity. He received B.A., Vanderbilt University

Michael Walsh

Maj. Gen. (Retd.) Michael J. Walsh is Independent Director of the Company. Major General Walsh USA (Ret.) has served since March 2016 as Senior Vice President—Water Resources and Coastal Resiliency at Dewberry, a privately held professional services firm, based in Fairfax, VA. He previously served as Deputy Commanding General for Civil and Emergency Operations for the U.S. Army Corps of Engineers from 2011 to 2013 and in roles of increasing rank and responsibility in the U.S. Army since 1977. He holds M.S.in University of Florida and B.S from Brooklyn Polytechnical University. He has been United States Army Command and General Staff College and Army War College.

Carl Albert

Mr. Carl A. Albert is Independent Non-Executive Director of the Company. Mr. Albert has served as Board Chair and Chief Executive Officer of Fairchild Venture Capital Corporation, a private investment firm. From 1990 to 2000, he was the majority owner, Chairman and Chief Executive Officer of Fairchild Aerospace Corporation and Fairchild Dornier Luftfahrt, GmbH, both aircraft manufacturers. After providing start-up venture capital, he served from 1981 to 1988 as the Board Chair and Chief Executive Officer of Wings West Airlines, a regional airline that was acquired in 1988 by AMR Corporation, the parent of American Airlines. Mr. Albert also served as Board Chair of Boise Inc. (NYSE:BZ) for five years until October 2013 when Boise Inc. was acquired by Packaging Corporation of America for an aggregate transaction value of approximately $2 billion. Earlier in his career, he was an attorney practicing business, real estate and corporate law. He received L.L.B., University of California at Los Angeles School of Law and B.A., University of California at Los Angeles

Abby Sullivan