July 21, 2024

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Granite Elects New Board Chair, Appoints A few New Administrators, and Names Larkin as CEO

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WATSONVILLE, Calif.–(Business WIRE)–
Granite’s (NYSE: GVA) board of directors has appointed a few new directors and has elected Michael F. McNally as its new board chair. Mr. McNally has served on the board given that 2016. The board also promoted Kyle T. Larkin to president and main government officer. At the summary of Granite’s Once-a-year Assembly of Shareholders held on June 2, 2021, previous board chair, Claes G. Bjork, retired from the board.

This press launch characteristics multimedia. View the entire launch listed here: https://www.businesswire.com/news/residence/20210603006104/en/

Mike F. McNally (Photo: Business Wire)

Mike F. McNally (Image: Enterprise Wire)

Louis E. Caldera, former United States Secretary of the Military, Laurie M. Mullen, retired lover at KPMG LLP, and Kyle T. Larkin have joined Granite’s board of administrators, productive Thursday, June 3, 2021. These appointments and retirement will enhance the variety of Granite administrators from 10 to twelve as element of the company’s board succession strategy.

“On behalf of the entire Granite board, I would like to thank Claes for his fifteen yrs of assistance on the board, and specially for his direction for the duration of the past three several years as chair. The final two yrs have been compared with any others in Granite’s background, and Claes’ leadership has been a must have,” reported Michael McNally. “I’m enthusiastic to welcome Louis, Laurie, and Kyle to our board as we keep on to establish a powerful and various board. Louis brings a breadth of encounter from the White House, the United States Military, and the California Condition Assembly. Laurie’s extensive accounting and auditing working experience in the design industry will be of great benefit to the board and Granite. Kyle’s expertise of Granite and the building marketplace, coupled with his strategic insight has created him a dependable advisor to the board and it is time for him to join us,” ongoing McNally.

“I would like to insert my deep gratitude and finest needs to Claes as he retires from the board,” stated Kyle Larkin. “Mike has in depth practical experience, awareness and being familiar with of the development market, and he shares my terrific enthusiasm for Granite. I am fired up for the chance to husband or wife with Mike and the board as we operate alongside one another for all of our workers and stakeholders,” added Larkin.

About Mike F. McNally

Prior to getting board chair, Mike McNally served on the board’s Payment, Nominating and Corporate Governance, and Danger committees. McNally retired in 2014 as president and CEO of Skanska Usa Inc., a subsidiary of Skanska AB, a single of the world’s greatest building companies, a situation he experienced held considering the fact that 2008. McNally held different administration positions in excess of a 38-calendar year profession with Fluor, Marshall Contractors, Mobil Oil and J. Ray McDermott. McNally at present serves on the board of Limbach Holdings, Terracon, and is vice chair of the University of Rhode Island Board of Trustees. From 2016 to 2019 McNally served as the chair of the U.S. Green Making Council Board. McNally retains a bachelor of science diploma in civil engineering from the University of Notre Dame in Indiana, and a learn of business enterprise administration degree from the University of Rhode Island. He is also a Countrywide Association of Corporate Directors Leadership Fellow.

About Louis E. Caldera

Louis Caldera will provide on the board’s Nominating and Company Governance Committee and Possibility Committee. Caldera at this time leads his personal consulting small business and served as the Director of the White Residence Armed forces Workplace in 2009, as the United States Secretary of the Military from 1998 to 2001, as a member of the California State Assembly from 1992 to 1997 and practiced legislation in California from 1987 to 1992. Caldera gained a joint juris medical professional and master of small business administration from Harvard Legislation Faculty and Harvard Company School respectively. He attained a bachelor of science degree from the United States Armed forces Academy at West Issue, New York, and served on lively duty from 1978 to 1983.

About Laurie M. Mullen

Laurie Mullen will provide on the board’s Audit/Compliance Committee and the Compensation Committee. With a job spanning much more than 37 many years in KPMG’s audit exercise, Mullen served in several management positions on a lot of general public firms in the technology and building market. Mullen attained a bachelor of science in company administration from California Condition University, Long Seashore. She is a accredited public accountant in California and member of the American Institute of Accredited Public Accountants and California Society of Certified General public Accountants.

About Kyle T. Larkin

On June 3, 2021, the board appointed Larkin as chief govt officer and president of the enterprise effective promptly. Larkin joined Granite in 1996 and has served as president since September 2020. Larkin has held a range of positions inside the corporation, which includes serving as govt vice president and chief working officer from February 2020 to September 2020, as senior vice president and supervisor of construction and material functions from October 2019 to February 2020 and as senior vice president and team manager from 2017 to 2019. Previous roles also bundled vice president and regional supervisor in Nevada from January 2014 to September 2017 and president of Granite’s wholly owned subsidiary, Intermountain Slurry Seal, Inc. from 2011 to 2014. He also served as manager of design for the company’s Reno area workplace from 2008 to 2011, main estimator from 2004 to 2008 and task supervisor, challenge engineer and estimator at Granite’s Nevada Department in between 1996 and 2003. Larkin holds a bachelor of science degree in construction management from California Polytechnic Point out College, San Luis Obispo and a master of small business administration from the College of Massachusetts, Amherst.

About Granite

Granite is America’s Infrastructure Company™. Incorporated due to the fact 1922, Granite (NYSE: GVA) is one of the biggest diversified development and development components organizations in the United States as very well as a whole-suite provider in the transportation, water infrastructure, and mineral exploration marketplaces. Granite’s Code of Carry out and powerful Core Values manual the business and its staff to uphold the best moral specifications. Granite is an industry chief in safety and an award-winning company in quality and sustainability. For extra information, stop by graniteconstruction.com, and link with Granite on LinkedIn, Twitter, Facebook, and Instagram.

Media

Erin Kuhlman 831-768-4111

Buyers

Wenjun Xu – 831-761-7861

Source: Granite Construction Included

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