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Great Lakes Dredge Welcomes New Board Director, Dana Armstrong

Great Lakes Dredge Welcomes New Board Director, Dana Armstrong

Great Lakes Dredge & Dock Corporation Welcomes Dana Armstrong

Great Lakes Dredge & Dock Corporation, a leading provider of dredging services, has officially announced the election of Dana Armstrong to its Board of Directors. This significant addition enhances the board's expertise and aligns with the company's commitment to continual improvement.

Introduction of Dana Armstrong to the Board

Dana Armstrong's election as an independent director took effect recently, expanding the board to seven members. Lawrence R. Dickerson, the Chairman of the Board, expressed immense pleasure in welcoming Dana, emphasizing her vast knowledge and experience. Her leadership skills will certainly bolster the collective capabilities of the Board, paving the way for innovative strategies and strengthened governance.

Armstrong's Professional Background

Since 2020, Ms. Armstrong has been serving as the Executive Vice President and Chief Financial Officer at Excelerate Energy, Inc. Her work there has established her as a prominent figure in the floating storage and regasification sector, particularly in liquefied natural gas infrastructure. Before her tenure at Excelerate Energy, Ms. Armstrong held various significant roles at Scientific Drilling International, demonstrating a robust understanding of the energy services market.

Education and Certifications

Ms. Armstrong holds both a Bachelor’s Degree in Accounting and a Master’s Degree in Finance from the University of Houston, C.T. Bauer College of Business. Additionally, she is a licensed Certified Public Accountant in Texas, underlining her solid financial expertise.

About Great Lakes Dredge & Dock Corporation

Great Lakes Dredge & Dock Corporation remains the largest provider of dredging services within the United States. With a rich history spanning over 134 years, the company has consistently delivered high-quality marine projects. Their commitment to excellence is evident not only in their operations but also through the extensive training programs provided to their engineering staff.

Commitment to Health and Safety

Safety within the workplace is deeply embedded in the company’s culture. Featuring the Incident-and Injury-Free® (IIF®) safety management program, Great Lakes ensures that all employees work in a secure environment, which is essential for both morale and productivity in project execution. This commitment to safety is a testament to their regard for employee welfare and project success.

Expansion into Offshore Wind Energy

In recent years, Great Lakes has strategically begun expanding into the burgeoning offshore wind energy sector. This shift not only reflects the company’s adaptability to industry changes but also sets the stage for future growth in the energy market. The integration of their extensive experience in dredging and project execution into the offshore wind sector positions them as key players in this evolving industry.

Leadership Perspectives

As the company progresses forward, the leadership at Great Lakes views innovation and adaptability as core tenets of their operational philosophy. The addition of skilled professionals such as Dana Armstrong will undoubtedly influence this trajectory, enriching discussions and fostering an environment ripe for groundbreaking ideas.

Conclusion and Contact Information

As Great Lakes Dredge & Dock Corporation continues to make strides in its operations and governance, stakeholders can look forward to the impactful contributions of Dana Armstrong. For further information about the company’s initiatives or Dana’s role, interested parties are encouraged to contact:

Tina Baginskis
Director, Investor Relations
630-574-3024

Frequently Asked Questions

1. Who is Dana Armstrong?

Dana Armstrong is the newly elected independent director of Great Lakes Dredge & Dock Corporation, bringing extensive experience in finance and corporate governance.

2. What is the significance of Dana Armstrong's election?

Her election to the board signifies the company’s commitment to enhancing governance and bringing diverse expertise to the decision-making process.

3. What role does Great Lakes Dredge & Dock Corporation play in the industry?

It is the largest provider of dredging services in the United States, involved in significant marine projects and expanding into offshore wind energy.

4. How does the company ensure workplace safety?

Through its Incident-and Injury-Free® (IIF®) safety management program, Great Lakes emphasizes employee safety as a crucial aspect of its operational culture.

5. How can I get in touch with Great Lakes Dredge & Dock Corporation?

For inquiries, you can reach out to Tina Baginskis, the Director of Investor Relations, at 630-574-3024.

About The Author

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Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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