Great Lakes Dredge & Dock Corporation Board Expansion
Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States, has announced an important addition to its leadership team. The company recently elected Dana Armstrong to its Board of Directors, effective January 5, 2025. Armstrong's election brings the total number of board members to seven, marking a significant moment for the company's governance.
Significance of New Appointment
Lawrence R. Dickerson, Chairman of the Board, expressed his enthusiasm regarding this development. He stated that the addition of Dana Armstrong to the Board underscores the company’s ongoing commitment to bolstering its governance and enriching its expertise. Armstrong’s extensive knowledge and experience in the industry will serve as a valuable asset to Great Lakes as it navigates an evolving business landscape.
Dana Armstrong's Profile and Experience
Dana Armstrong has made a name for herself in the energy sector. Since 2020, she has served as the Executive Vice President and Chief Financial Officer at Excelerate Energy, Inc., a company recognized for its leadership in the floating storage and regasification market. Before this role, she held the position of Senior Vice President and Chief Financial Officer at Scientific Drilling International, a firm specialized in energy services and technology.
Academic Background
Educationally, 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. Her academic credentials are complemented by her professional certification as a Certified Public Accountant in Texas.
Great Lakes Dredge & Dock Corporation Overview
Great Lakes Dredge & Dock Corporation is not just known for its dredging capabilities; it's also actively involved in the burgeoning offshore wind energy sector. The company boasts over 134 years of experience in executing complex marine projects worldwide, establishing a reputation for reliability and excellence.
Commitment to Safety and Engineering Excellence
The company takes pride in its substantial fleet, making it a leader in the U.S. dredging industry, with around 200 specialized vessels. Great Lakes also prioritizes the development of its personnel through a comprehensive training program tailored for engineers. This team-oriented approach ensures that employees can progress through operations while maintaining a high standard of performance.
Investor Relations Contact Information
For those seeking further information about the company, Tina Baginskis, the Director of Investor Relations, is available for inquiries. She can be reached directly at 630-574-3024 for more details regarding the company's operations or corporate strategy.
Frequently Asked Questions
Who is Dana Armstrong?
Dana Armstrong is the newly elected independent director of Great Lakes Dredge & Dock Corporation and has extensive experience in the energy sector.
What does Great Lakes Dredge & Dock Corporation specialize in?
Great Lakes specializes in providing dredging services and is actively engaged in the offshore wind energy industry.
How many members are on the Great Lakes Board of Directors now?
With the election of Dana Armstrong, there are currently seven members on the Board of Directors.
What are Dana Armstrong's qualifications?
She holds a Bachelor's Degree in Accounting and a Master's Degree in Finance and is a licensed CPA in Texas.
Who should be contacted for investor relations queries?
Tina Baginskis, Director of Investor Relations, is the contact person for inquiries about Great Lakes Dredge & Dock Corporation.
