Edition:
India

Sterling Construction Company Inc (STRL.OQ)

STRL.OQ on NASDAQ Stock Exchange Global Select Market

13.75USD
18 Apr 2019
Change (% chg)

$0.13 (+0.95%)
Prev Close
$13.62
Open
$13.58
Day's High
$13.88
Day's Low
$13.54
Volume
126,119
Avg. Vol
54,781
52-wk High
$16.07
52-wk Low
$9.71

Summary

Name Age Since Current Position

Milton Scott

62 2015 Chairman of the Board

Joseph Cutillo

53 2017 President, Chief Executive Officer, Director

Ronald Ballschmiede

62 2015 Chief Financial Officer, Executive Vice President, Chief Accounting Officer, Treasurer

Con Wadsworth

55 2016 Chief Operating Officer, Executive Vice President

Richard Chandler

63 2017 Executive Vice President, General Counsel, Secretary

Craig Allen

2019 Senior Vice President, Chief Compliance and Administration Officer

Jeff Darnell

2018 Vice President - Strategy and Business Development

Kate Sberna

2019 Vice President and Chief Talent Officer

Charles Patton

59 2013 Independent Director

Thomas White

61 2018 Independent Director

Marian Davenport

65 2014 Independent Director

Raymond Messer

71 2017 Independent Director

Dana O'Brien

51 2019 Independent Director

Richard Schaum

71 2010 Independent Director

Fred Buonocore

IR Contact

Biographies

Name Description

Milton Scott

Mr. Milton L. Scott is Chairman of the Board of the Company. He has served as Chairman and Chief Executive Officer of Tagos since April 2007. From October 2012 to November 2013, Mr. Scott was also the Chairman and Chief Executive Officer of CorrLine International, LLC (CorrLine), a private company that manufactured CorrX, a surface decontamination product that treats and destroys the primary cause of premature coating failures. CorrLine was placed into involuntary Chapter 7 bankruptcy in August 2014, and in October 2014, Tagos purchased the assets of CorrLine and placed them in a subsidiary of Tagos, TGS Solutions, LLC, of which Mr. Scott is Chairman and Chief Executive Officer. Mr. Scott was previously associated with Complete Energy Holdings, LLC, a company of which he was Managing Director until January 2006, and which he co-founded in January 2004 to acquire, own and operate power generation assets in the United States. From March 2003 to January 2004, Mr. Scott was a Managing Director of The StoneCap Group, an entity formed to acquire, own and operate power generation assets. From October 1999 to November 2002, Mr. Scott served as Executive Vice President and Chief Administrative Officer at Dynegy Inc., a public company in the business of power distribution, marketing and trading of gas, power and other commodities, midstream services and electric distribution. From July 1977 to October 1999, Mr. Scott was a partner with the Houston office of Arthur Andersen LLP, a public accounting firm, where from 1996 to 1999, he served as partner in charge of the Southwest Region Technology and Communications practice.

Joseph Cutillo

Mr. Joseph A. Cutillo is President, Chief Executive Officer, Director of the Company. Mr. Cutillo had previously served as Sterling’s Executive Vice President Chief Business Development Officer. Mr. Cutillo has nearly 30 years of executive management experience and a deep understanding of emerging opportunities in heavy civil construction, industrial, and adjacent markets. Prior to joining Sterling in October of 2015, he was President and Chief Executive Officer of Inland Pipe Rehabilitation LLC (IPR) from 2008 to 2015, over which time he grew the business from a start-up acquisition to the second largest trenchless rehabilitation pipe business in the U.S. From 2005 to 2008, Mr. Cutillo served as Division President at CONTECH Engineered Solutions. Prior to CONTECH, Mr. Cutillo held a series of increasingly responsible management roles at Ingersoll-Rand (NYSE: IR) and General Electric Corporation (NYSE: GE). He earned a Bachelor of Science degree in Mechanical Engineering from Northeastern University.

Ronald Ballschmiede

Mr. Ronald A. Ballschmiede is Chief Financial Officer, Executive Vice President, Chief Accounting Officer, Treasurer of the Company. Mr. Ballschmiede brings nearly 40 years of accounting and financial management experience to Sterling, most recently with Chicago Bridge & Iron (NYSE: CBI) ("CB&I"), where he served as Executive Vice President and Chief Financial Officer from June 2006 to March 2015. Based in The Haag, Netherland, with its administrative office in The Woodlands, Texas, CB&I is a leading engineering, procurement and construction contractor with approximately $13 billion in sales and 54,000 employees. Prior to joining CB&I, Ron was a Partner with Deloitte & Touche LLP, joining the firm in 2002. Previously, he had been with Arthur Andersen since 1977, becoming a Partner in 1989. While with Andersen, Ballschmiede was the Lead Client Service Partner for CB&I from 1989 to 2002. In addition, he led the manufacturing and industrial products audit practice and served a number of major manufacturing and construction companies. He holds a B.S. in Accounting from Northern Illinois University and is a Certified Public Accountant.

Con Wadsworth

Mr. Con L. Wadsworth is Chief Operating Officer, Executive Vice President of the Company. He has 40 years of heavy civil construction experience. Recently he served as President of Ralph L. Wadsworth Construction Company ("RLW"), one of Sterling's most successful subsidiaries.

Richard Chandler

Mr. Richard E. Chandler, Jr., serves as Executive Vice President, General Counsel, Secretary of the Company. Mr. Chandler served as Executive Vice President, Chief Legal Officer & Secretary of Chicago Bridge & Iron Company N.V. (CB&I) from 2011 to 2016. Prior to that, he was a partner in a major international law firm and previously served as Senior Vice President, General Counsel & Secretary to Smith International, Inc. and Senior Vice President – Administration, General Counsel & Secretary to M-I Swaco LLC, a multinational joint venture between Smith International and Schlumberger. Mr. Chandler holds a Juris Doctor degree from Loyola University College of Law in New Orleans and a Bachelor of Arts degree from the University of Cincinnati.

Craig Allen

Mr. Craig Allen is Senior Vice President, Chief Compliance and Administration Officer of the company.

Jeff Darnell

Mr. Jeff Darnell is Vice President - Strategy and Business Development of the Company. Mr. Darnell served as a Corporate Director from 2011 to December 2017 at Hensel Phelps, where he was responsible for all sales and marketing efforts, and growth strategies for one of the largest development, construction and facility management organizations in North America. Prior to joining Hensel Phelps, he held various positions at Johnson Controls from 1999 to 2011. He was most recently the Regional Major Project Sales Manager, where he was responsible for the Major Projects construction business unit focused on multi-million dollar complex facility and IT installations across technology dense environments such as healthcare, data centers, life sciences and hospitality. Mr. Darnell holds a Bachelor of Science, Mechanical Engineering degree from the University of Wyoming.

Kate Sberna

Ms. Kate Sberna is Vice President and Chief Talent Officer of the company. Ms. Sberna brings 20 years of experience building talent and transforming companies in a variety of sectors – from private security to energy – having held various human resources leadership roles with teams and responsibility across the globe. Most recently she was with Aggreko, a supplier of modular, mobile power, heating, cooling, and related services worldwide where she held the position of Global Director of Learning & Talent and led the company's worldwide learning and talent function. Kate's 11 year career with Aggreko also included roles as the Senior Vice President of Human Resources for the Aggreko's Rental Solutions business, and The Americas division. Prior to this, Kate was Vice President of Human Resources for Corrpro Companies, a global leader in the corrosion protection industry, where she helped establish a new operating model and was responsible for aligning the organization's human capital with business strategies.

Charles Patton

Mr. Charles R. Patton has been appointed as Independent Director of Sterling Construction Company, Inc., effective June 27, 2013. Mr. Patton has served in the above capacity since June 2010 with responsibility for distribution operations and a wide range of customer and regulatory relationships. Appalachian Power Company is a unit of American Electric Power Company, Inc. (AEP), one of the largest publicly-traded utilities in the United States. From June 2008 to June 2010, Mr. Patton served as Senior Vice President of Regulatory Policy and subsequently Executive Vice President of AEP's Western Utilities where he was responsible for oversight of utilities in Texas, Louisiana, Arkansas and Oklahoma. Prior to that, from May 2004 to June 2008, Mr. Patton was President and Chief Operating Officer of AEP Texas, and held various other executive roles, with responsibility for external affairs in Texas and in the Southwestern region of AEP. Before joining AEP in December 1995, Mr. Patton spent nearly 11 years in the energy and telecommunications business with Houston Lighting & Power Company. As evidenced by his biographical data, above, Mr. Patton has extensive experience in the utilities industry combined with high-level management experience, both of which benefit the Board in its deliberations by bringing a different perspective than any other director. Mr. Patton received a bachelor’s degree (cum laude) from Bowdoin College in Brunswick, Maine, and a master’s degree from the LBJ School of Public Policy at the University of Texas in Austin

Thomas White

Mr. Thomas M. White is Independent Director of the Company. Mr. White has over 35 years of experience in financial and operational management positions. Mr. White is currently the Executive Chairman of Cardinal Logistics Management Corporation, a nationwide provider of dedicated transportation and logistics services. From 2007 to 2014 he was an operating partner with Apollo Global Management where he held leadership and Board positions with several portfolio companies. From 2002 to 2007 Mr. White was the CFO, SVP and Treasurer for Hub Group, Inc., a North American freight transportation company. Previously he was a senior partner with Arthur Andersen. In addition to his position as Executive Board Chairman of Cardinal Logistics, Mr. White currently sits on the board of Reddy Ice, Inc. and JPW Holdings GP LLC. Mr. White has previously served on the boards of CEVA Logistics, plc., Landauer, Inc., Evertec, Inc., FTD Group, Inc. and Quality Distribution, Inc.

Marian Davenport

Ms. Marian M. Davenport is an Independent Director of Sterling Construction Company, Inc. Ms. Davenport has served in the above capacity since March 2013. From September 2004 to March 2013, r. From April 1997 to December 2002, Ms. Davenport was employed by Dynegy Inc., a publicly-traded company in the business of power distribution, marketing and trading of gas, power and other commodities, midstream services and electric distribution. She joined Dynegy as General Counsel, Commercial Development and rose to the position of Senior Vice President, Legislative and Regulatory Affairs. Ms. Davenport brings to the Board her background as a lawyer, with experience in corporate governance and securities compliance, having served as general counsel of a public company. In addition, she has extensive experience as an executive in the energy industry as a result of managing the development of large natural gas-fired power plants and where she served as a change agent to improve performance of critical company functions, including human resources. Ms. Davenport's more recent career in the non-profit sector providing mentoring and workforce development opportunities for disadvantaged youth brings a new perspective and expertise to the Company, which is in an industry where finding competent candidates for employment at all levels is more and more competitive. In sum, Ms. Davenport's extensive background in both the for-profit and non-profit sectors brings cognitive diversity to the Board and the committees on which she serves. Ms. Davenport holds a Bachelor of Arts degree, Liberal Arts and Sciences, from The Colorado College, of Colorado Springs, Colorado, and a JD degree from the University of Denver, College of Law, in Denver, Colorado. Ms. Davenport is a member of the bar of Texas.

Raymond Messer

Mr. Raymond F. Messer is serves as Independent Director of the company. Mr. Messer is Chairman Emeritus of Walter P Moore, a private international company that provides structural, diagnostic, civil, traffic, parking, transportation, water resources and Intelligent Transportation Systems engineering services, where he previously served as the Director of Design-Build from January 2015 until June 2017 and as President and Chief Executive Officer from 1993 through January 2015. Mr. Messer served on Walter P Moore’s board between April 1986 and April 2015, and served as chairman from June 1998 to April 2015. Prior to that, he served as Manager of Walter P Moore’s Tampa, Florida office from 1984 until he was named President and Chief Executive Officer in 1993. Mr. Messer joined Walter P Moore in November 1981 as the Director of Pre-stressed Concrete Design. In addition, Mr. Messer serves on the boards of Kennedy/Jenks Consultants, a private environmental and water resources engineering company, where he chairs the nominating and compensation committees, and Braun Intertec, a private materials testing and geotechnical engineering firm, where he serves on the compensation/human resources and nominating committees. Mr. Messer has also served in various roles at Exxon Research and Engineering, HNTB Corporation, Bechtel Corporation, and VSL International Ltd.

Dana O'Brien

Ms. Dana O'Brien Director is Independent Director of the Company. Ms. O'Brien has nearly 20 years of experience in corporate legal counsel roles. Since 2014 she has served as Senior Vice President and General Counsel for CenterPoint Energy, a Houston, TX-based domestic energy delivery company. From 2007 to 2014, Ms. O'Brien was the Chief Legal Officer and Chief Compliance Officer for CEVA Logistics, a global supply chain logistics company. Prior to that, between 2005 and 2007 she was General Counsel, Chief Compliance Officer and Secretary of EGL, Inc., which was acquired by CEVA. Ms. O'Brien was with Quanta Services, a specialty infrastructure contractor, from 1999 to 2000 as Associate General Counsel, and then as Vice President, Secretary and General Counsel from 2001 to 2005. Ms. O'Brien earned a Bachelor of Arts from Trinity University in San Antonio, TX, where she graduated Cum Laude. She earned her J.D. from University of Texas School of Law where she graduated in the top 10% of her class.

Richard Schaum

Mr. Richard O. Schaum is an Independent Director of Sterling Construction Company, Inc. Mr. Schaum has served in the above capacity since May 2003. From October 2003 until June 2005, he was Vice President and General Manager of Vehicle Systems for WaveCrest Laboratories, Inc. and led its vehicle systems development group. Prior to that, for more than thirty years, he was with DaimlerChrysler Corporation, and its predecessor, Chrysler Corporation, most recently, from January 2000 until his retirement in March 2003, as Executive Vice President, Product Development. Mr. Schaum has extensive executive and management experience at all levels in a Fortune 100 company, and knowledge of, and interest in, corporate governance matters, gained on the board of a Fortune 500 company. In addition, his technical background and his operating experience at all levels of management contribute to the breadth and depth of the Board's deliberations. Mr. Schaum is a fellow of the Society of Automotive Engineers and served as its President from 2007 to 2008. He earned a B.S. in Mechanical Engineering from Drexel University and an M.S. in Mechanical Engineering from the University of Michigan

Fred Buonocore