Bowman Hires Andy Dearing to Lead National Aerial Imaging Operations

Rhea-AI Summary

Bowman Consulting Group (NASDAQ: BWMN) has appointed Andy Dearing as executive vice president to lead its national aerial imaging operations. Dearing will oversee high-altitude aerial orthoimagery, digital mapping, and lidar operations following Bowman's April 2024 acquisition of Surdex. His responsibilities include managing the integration of drone-based imaging and scanning services with Surdex's capabilities, and expanding Bowman's aerial geospatial service offerings nationwide.

Dearing brings over 20 years of geospatial industry experience, having previously led GeoFutures, served as CEO of Boundless Spatial, and managed ESRI's Midwest professional services team. As part of the organizational changes, Ron Hoffmann, former Surdex president, will transition to vice president of aviation at Bowman, focusing on flight operations.

Positive

• Strategic acquisition of Surdex in April 2024 expanding geospatial capabilities
• Integration of drone-based and high-altitude aerial imaging services creating new revenue synergies
• Appointment of experienced executive with 20+ years in geospatial industry

Negative

• None.

RESTON, Va.--(BUSINESS WIRE)-- Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions and program management services to customers who own, develop and maintain the built environment, is pleased to welcome Andy Dearing as executive vice president overseeing all aerial imaging operations nationally. In this role, Dearing will direct all high-altitude aerial orthoimagery, digital mapping and lidar operations acquired in connection with the Company’s April 2024 purchase of St. Louis-based Surdex. He will also manage the integration of the Company’s drone-based imaging and scanning services with Surdex’s capabilities. Additionally, Andy will spearhead the national expansion of Bowman’s aerial geospatial service offerings.

With more than 20 years of experience in the geospatial industry, Andy brings a proven track record across government, academic and commercial sectors. Prior to joining Bowman, he was instrumental in the success of GeoFutures, a strategic initiative aimed at advancing the St. Louis region's geospatial industry. He also served as CEO of Boundless Spatial and spent nearly a decade managing ESRI’s Midwest professional services team.

"Bowman’s sophisticated suite of geospatial service offerings intersects with each of our verticals and is integral to our broader strategic vision," said Gary Bowman, chairman and CEO of Bowman. "With Andy at the helm of our aerial imaging operations, we will continue to enhance these offerings, delivering even greater value to our public and private sector clients. His leadership will undoubtedly continue to strengthen our portfolio and drive innovative developments within our geospatial practice."

Ron Hoffmann, former president of Surdex will assume the role of vice president of aviation at Bowman, overseeing all flight operations. This shift leverages Hoffman’s extensive industry expertise as the Company advances its growth initiatives in the high-altitude geospatial sector.

"As we progress through this pivotal stage, my focus will be on expanding our collective geospatial services practice nationally by uncovering new opportunities that align with our customers’ needs and long-term objectives,” said Dearing. “By advancing the total integration of Surdex into Bowman, we will achieve transformational growth that will propel our geospatial capabilities and revenue synergies to new heights."

About Bowman Consulting Group Ltd.
Headquartered in Reston, Virginia, Bowman is a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment. With over 2,300 employees in more than 100 locations throughout the United States, Bowman provides a variety of planning, engineering, geospatial, construction management, commissioning, environmental consulting, 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/20250127783825/en/

General Media Contact:

Renee Narvaez

pr@bowman.com

Source: Bowman Consulting

FAQ

What is the significance of Bowman's (BWMN) acquisition of Surdex in April 2024?

The acquisition expands Bowman's geospatial capabilities by adding high-altitude aerial orthoimagery, digital mapping, and lidar operations to its service portfolio.

How will Andy Dearing's appointment impact Bowman's (BWMN) aerial imaging operations?

Dearing will lead the integration of drone-based imaging with Surdex's capabilities and spearhead the national expansion of Bowman's aerial geospatial services.

What are the expected revenue synergies from Bowman's (BWMN) Surdex integration?

The integration aims to achieve transformational growth by combining Surdex's high-altitude capabilities with Bowman's existing drone-based services, expanding geospatial offerings nationally.

What role will former Surdex president Ron Hoffmann play in Bowman (BWMN)?

Hoffmann will serve as vice president of aviation at Bowman, overseeing all flight operations and leveraging his industry expertise in the high-altitude geospatial sector.