Great Lakes Welcomes Dana Armstrong to Board of Directors

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.

About Investors Hangout

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/

Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.