Sterling Infrastructure Welcomes Ronald Ballschmiede as CFO

Author: Olivia Taylor Updated: 03-14-2025 04:24 PM

Sterling Infrastructure Names Ronald Ballschmiede as Interim CFO

Sterling Infrastructure, Inc. (NASDAQ: STRL) has officially appointed Ronald A. Ballschmiede as its interim Chief Financial Officer and Principal Accounting Officer. This transition comes after Sharon Villaverde has decided to leave the firm to explore new opportunities. Ballschmiede previously held the position of Chief Financial Officer and Chief Accounting Officer from 2015 until 2024, showcasing his extensive experience within the company.

Leadership Transition and Future Plans

Joe Cutillo, the Chief Executive Officer of Sterling, expressed gratitude for Villaverde's contributions during her time with the company and praised Ballschmiede's readiness to take on the CFO role seamlessly during this transitional phase. Cutillo emphasized his confidence in the company's future and the team's capability to effectively execute their strategic vision, reflecting a commitment to continued growth and operational excellence.

About Sterling Infrastructure

Sterling is structured into multiple subsidiaries focusing on three key segments: E-Infrastructure, Transportation, and Building Solutions. The company serves these segments across various regions, including the Southern, Northeastern, Mid-Atlantic, and Rocky Mountain areas, along with territories in the Pacific Islands.

E-Infrastructure Solutions

The E-Infrastructure branch of Sterling specializes in offering progressive, large-scale site development services necessary for essential sectors such as manufacturing, data centers, and power generation. This commitment to advanced infrastructure development is crucial for fueling economic growth and operational efficiency.

Transportation and Building Solutions

The Transportation Solutions segment plays a pivotal role in infrastructure rehabilitation and development, addressing the needs of highways, bridges, airports, and drainage systems. Meanwhile, Sterling's Building Solutions encompass comprehensive services for both residential and commercial projects, including foundation construction, plumbing, and more. Sterling's approach ensures they contribute positively to communities while maintaining a focus on sustainability throughout their operations.

Commitment to Community and Sustainability

At Sterling, the ethos revolves around improving society's quality of life by promoting sustainable practices and responsible operations. The company emphasizes the importance of caring for its people, communities, and investors, making its mission resonate deeply within various sectors.

Frequently Asked Questions

Who is the new interim CFO of Sterling Infrastructure?

Ronald A. Ballschmiede has been appointed as the interim Chief Financial Officer.

Why did Sharon Villaverde leave Sterling Infrastructure?

Sharon Villaverde departed to pursue other professional opportunities.

What are Sterling Infrastructure's primary business segments?

Sterling operates in E-Infrastructure, Transportation, and Building Solutions.

What is Sterling's approach to sustainability?

Sterling is committed to operating responsibly to enhance the quality of life in the communities they serve.

How can I contact Sterling Infrastructure for inquiries?

Inquiries can be directed to Noelle Dilts, VP of Investor Relations, at 281-214-0795.

About The Author

Olivia Taylor here, a 26-year-old writer and financial advisor. After earning a degree in finance, I worked in the sector for years. I've always loved numbers and had a talent for simplifying difficult financial ideas so that anyone could understand. I wrote my first book because of this passion; it helps readers take charge of their financial futures by fusing real-life stories with useful financial advice.

Whether they are just beginning their careers, preparing for significant life events, or seeking to invest wisely, my goal with my writing is to enable people to make educated financial decisions. The foundation of my work is the conviction that security and freedom of the individual are largely determined by financial literacy. To further financial education, I run workshops and frequently write for financial blogs in addition to my books.

I like to travel, experience other cultures, and find inspiration in daily life when I'm not writing or examining market trends. My passion is utilizing sound financial practices to help people reach their financial objectives and lead the best lives possible.

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