Business
Sterling Announces Planned Retirement of Chief Financial Officer Ronald Ballschmiede
THE WOODLANDS, Texas, Feb. 12, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that Ronald
About this update from Sterling Infrastructure, Inc.
[{"type":"text","content":"THE WOODLANDS, Texas, Feb. 12, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) (\"Sterling\" or \"the Company\") today announced that Ronald Ballschmiede, Sterling's Chief Financial Officer (\"CFO\"), has informed the Company of his plan to retire in 2024.\n\n \n \n \n \n \n \n\n \nCEO Remarks\"Ron has been a tremendous partner as we worked to build Sterling into the company it is today,\" stated Joe Cutillo, Sterling's Chief Executive Officer. \"We have a succession plan in place. Ron will stay on as CFO until his successor is named and will continue thereafter to ensure a smooth transition.\"\nAbout Sterling\nSterling Infrastructure, Inc., (\"Sterling,\" \"the Company,\" \"we,\" \"our\" or \"us\"), a Delaware corporation, operates through a variety of subsidiaries within three segments specializing in E-Infrastructure, Transportation and Building Solutions in the United States, primarily across the Southern, Northeastern, Mid-Atlantic and Rocky Mountain regions and Hawaii. E-Infrastructure Solutions provides advanced, large-scale site development services for manufacturing, data centers, e-commerce distribution centers, warehousing, power generation and more. Transportation Solutions includes infrastructure and rehabilitation projects for highways, roads, bridges, airports, ports, rail and storm drainage systems. Building Solutions projects include residential and commercial concrete foundations for single-family and multi-family homes, parking structures, elevated slabs, other concrete work, and residential plumbing services. From strategy to operations, we are committed to sustainability by operating responsibly to safeguard and improve society's quality of life. Caring for our people and our communities, our customers and our investors – that is The Sterling Way.\nJoe Cutillo, CEO, \"We build and service the infrastructure that enables our economy to run, our people to move and our country to grow.\"\nImportant Information for Investors and Stockholders\nCautionary Statement Regarding Forward-Looking Statements\nThis press release contains statements that are considered forward-looking statements within the meaning of the federal securities laws. Forward-looking statements included herein relate to matters that are not based on historical facts and reflect our current expectations as of the date of this ...