Bowman Consulting Group Ltd. Appoints Dan Swayze Executive Vice President of Energy Services

Rhea-AI Summary

Bowman Consulting Group Ltd. (Nasdaq: BWMN) has appointed Dan Swayze as Executive Vice President of Energy Services to spearhead the company's renewable energy expansion. With over 25 years in consulting engineering, Swayze's experience includes leading various divisions at Onyx Renewable Partners. His appointment aligns with Bowman's strategy to focus on renewable energy and efficiency, supporting clients in achieving their ESG and energy transition goals. Swayze aims to enhance Bowman's capabilities in engineering and consulting for energy solutions.

Positive

• Appointment of Dan Swayze as Executive Vice President of Energy Services could drive innovation and fresh strategies in renewable energy.
• Swayze's extensive experience in renewable energy and energy efficiency positions Bowman to strengthen its market presence.
• Focus on ESG and energy transition aligns with current market trends, potentially attracting new clients.

Negative

• Concerns regarding continuity and leadership experience transition could affect organizational stability.

RESTON, Va.--(BUSINESS WIRE)-- Bowman Consulting Group Ltd. (“Bowman”) (Nasdaq: BWMN) announced that it has appointed Dan Swayze, PE, as Executive Vice President of Energy Services to lead the continued expansion of the company’s renewable energy business. Swayze brings over 25 years of experience in consulting engineering serving in a number of leadership roles related to renewable energy and energy efficiency. Most recently, he was chief operating officer at Onyx Renewable Partners L.P., a national renewable energy developer and financier established by Blackstone in 2014. In this position, he led the engineering, procurement, construction and asset management divisions of the New York City-based company.

“Over the past 10 years, I’ve known Dan well and have respected him as a leader in the engineering and energy consulting business,” said Bowman Chief Executive Officer Gary Bowman. “Dan is passionate about the business opportunities presented by the energy transition and I’m delighted that he will be leading the implementation of our strategy to make renewable energy and energy efficiency one of our primary market segments.”

During his nearly six years at Onyx, Swayze also served as the interim co-chief executive officer and managed the engineering division, where he supported the implementation of the design of renewable energy projects from development to construction.

“Bowman is uniquely positioned to help our clients meet their ESG and energy transition goals,” said Swayze. “Through a reliable and thoughtful approach to engineering and consulting, we will support our clients as they implement various decarbonizing and energy saving strategies including renewable energy, energy storage, electric vehicle charging systems and energy efficiency. In addition, as advanced through recent legislation, our team will work with our clients to both upgrade electric transmission networks and utilize hydrogen as a cleaner source of energy.”

“We want our clients to know that we are committed to their success,” he added. “I’m excited to be part of Bowman’s growth. I can’t wait to see where we lead this sector and how the infrastructure and national footprint of the company will expand.”

Swayze also held a variety of increasingly complex engineering leadership positions at companies across New Jersey. He has a B.S. in Civil Engineering from the Pennsylvania State University, an M.S. in Environmental Engineering from the New Jersey Institute of Technology and an M.B.A. in Finance from Rutgers University.

About Bowman Consulting Group Ltd. (Bowman): Headquartered in Reston, Virginia, Bowman is an engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment. With over 1,700 employees and more than 65 offices throughout the United States, Bowman provides a variety of planning, engineering, construction management, commissioning, environmental consulting, geomatics, survey, land procurement and other technical services to customers operating in a diverse set of regulated end markets. Bowman trades on the Nasdaq under the symbol BWMN. For more information, visit bowman.com or investors.bowman.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220926005735/en/

Carolyn Artman, 313.269.4729

carolyn@bowman.com

Source: Bowman Consulting Group Ltd.

FAQ

Who is Dan Swayze and what is his background?

Dan Swayze is the newly appointed Executive Vice President of Energy Services at Bowman. He has over 25 years of experience in consulting engineering with a focus on renewable energy and served as COO at Onyx Renewable Partners.

What are Bowman's goals under Dan Swayze's leadership?

Under Dan Swayze's leadership, Bowman aims to expand its renewable energy business and assist clients in achieving their ESG and energy transition objectives.

How might Dan Swayze's appointment impact BWMN's stock?

Dan Swayze's appointment may positively influence BWMN's stock by reinforcing the company's commitment to renewable energy, potentially attracting new clients and enhancing market positioning.

What is Bowman's strategic focus with the new leadership?

Bowman's strategic focus with Dan Swayze at the helm includes emphasizing renewable energy, energy efficiency, and supporting clients with advanced strategies for decarbonization.