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Conrad Industries Announces Appointment of Jack Waldo to its Board of Directors and Retirement of Michael J. Harris

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Conrad Industries (OTC Pink: CNRD) has announced the appointment of Jack Waldo to its Board of Directors and Independent Directors Committee, effective January 28, 2025, following the retirement of Michael J. Harris. Waldo brings significant industry expertise from his 17-year tenure at Stephens Inc. as an investment banker and research analyst focused on transportation and logistics.

Currently serving as co-CEO of Dental Depot, a private dentistry group with 46 locations across four states, Waldo has demonstrated operational leadership since joining the company in 2017. He also serves on the boards of United Petroleum Transport and the Samuel Roberts Noble Foundation.

Conrad Industries, founded in 1948 and based in Morgan City, Louisiana, specializes in designing, building, and overhauling various marine vessels and steel products for both commercial and government markets through its five shipyards in Louisiana and Texas.

Conrad Industries (OTC Pink: CNRD) ha annunciato la nomina di Jack Waldo al suo Consiglio di Amministrazione e al Comitato per i Direttori Indipendenti, a partire dal 28 gennaio 2025, in seguito al ritiro di Michael J. Harris. Waldo porta con sé una significativa esperienza del settore grazie ai suoi 17 anni trascorsi in Stephens Inc. come banchiere d'investimento e analista di ricerca, con un focus sui trasporti e sulla logistica.

Attualmente co-CEO di Dental Depot, un gruppo di odontoiatria privata con 46 sedi in quattro stati, Waldo ha dimostrato capacità di leadership operativa sin dal suo ingresso nella società nel 2017. Inoltre, è membro dei consigli di United Petroleum Transport e della Samuel Roberts Noble Foundation.

Conrad Industries, fondata nel 1948 e con sede a Morgan City, Louisiana, è specializzata nella progettazione, costruzione e revisione di vari vascelli marini e prodotti in acciaio per i mercati commerciali e governativi, attraverso i suoi cinque cantieri navali in Louisiana e Texas.

Conrad Industries (OTC Pink: CNRD) ha anunciado el nombramiento de Jack Waldo a su Junta Directiva y al Comité de Directores Independientes, a partir del 28 de enero de 2025, tras la jubilación de Michael J. Harris. Waldo aporta una considerable experiencia en la industria de su trayectoria de 17 años en Stephens Inc. como banquero de inversión y analista de investigación, con un enfoque en transporte y logística.

Actualmente, es co-CEO de Dental Depot, un grupo de odontología privada con 46 ubicaciones en cuatro estados, donde ha demostrado liderazgo operativo desde que se unió a la empresa en 2017. También forma parte de las juntas de United Petroleum Transport y de la Samuel Roberts Noble Foundation.

Conrad Industries, fundada en 1948 y con sede en Morgan City, Luisiana, se especializa en el diseño, construcción y revisión de diversas embarcaciones marinas y productos de acero para los mercados comerciales y gubernamentales a través de sus cinco astilleros en Luisiana y Texas.

콘래드 인더스트리 (OTC Pink: CNRD)는 마이클 J. 해리스를 은퇴한 후 2025년 1월 28일부터 잭 월도를 이사회의 이사 및 독립 이사 위원회에 임명했다고 발표했습니다. 월도는 17년 간 스티븐스 Inc.에서 투자 은행가이자 연구 분석가로 일하며 운송 및 물류에 집중한 귀중한 산업 경험을 가지고 있습니다.

현재 46개 지점을 두고 있는 사립 치과 그룹 덴탈 디포트의 공동 CEO로 재직 중인 월도는 2017년 회사에 합류한 이후 운영 리더십을 입증하였습니다. 그는 또한 유나이티드 석유 운송과 사무엘 로버츠 노블 재단의 이사회에서 활동하고 있습니다.

콘래드 인더스트리는 1948년에 설립되어 루이지애나주 모건 시티에 본사를 두고 있으며, 루이지애나와 텍사스의 다섯 개 조선소를 통해 상업 및 정부 시장을 위한 다양한 해양 선박과 강철 제품의 설계, 건설, 수리를 전문으로 하고 있습니다.

Conrad Industries (OTC Pink: CNRD) a annoncé la nomination de Jack Waldo à son Conseil d'Administration et à son Comité des Administrateurs Indépendants, à compter du 28 janvier 2025, suite à la retraite de Michael J. Harris. Waldo apporte une expertise significative dans l'industrie, acquise lors de ses 17 années passées chez Stephens Inc. en tant que banquier d'investissement et analyste de recherche, avec un accent sur le transport et la logistique.

Actuellement co-CEO de Dental Depot, un groupe de dentisterie privé comptant 46 établissements dans quatre États, Waldo a fait preuve de leadership opérationnel depuis son arrivée dans l'entreprise en 2017. Il siège également au conseil d'administration de United Petroleum Transport et de la Samuel Roberts Noble Foundation.

Conrad Industries, fondée en 1948 et basée à Morgan City, Louisiane, se spécialise dans la conception, la construction et la révision de divers navires marins et produits en acier pour les marchés commerciaux et gouvernementaux à travers ses cinq chantiers navals en Louisiane et au Texas.

Conrad Industries (OTC Pink: CNRD) hat die Ernennung von Jack Waldo in seinen Vorstand und den Ausschuss für unabhängige Direktoren bekannt gegeben, die am 28. Januar 2025, nach dem Rücktritt von Michael J. Harris, wirksam wird. Waldo bringt eine umfangreiche Branchenerfahrung aus seiner 17-jährigen Tätigkeit bei Stephens Inc. als Investmentbanker und Forschungsanalyst mit Schwerpunkt auf Transport und Logistik mit.

Derzeit fungiert er als Co-CEO von Dental Depot, einer privaten Zahnarztgruppe mit 46 Standorten in vier Bundesstaaten, und hat seit seinem Eintritt in das Unternehmen im Jahr 2017 betriebliche Führungsqualitäten gezeigt. Zudem sitzt er in den Vorständen von United Petroleum Transport und der Samuel Roberts Noble Foundation.

Conrad Industries, gegründet im Jahr 1948 und mit Sitz in Morgan City, Louisiana, ist auf die Planung, den Bau und die Überholung verschiedener Marinefahrzeuge und Stahlprodukte für kommerzielle und staatliche Märkte in seinen fünf Werften in Louisiana und Texas spezialisiert.

Positive
  • Appointment of board member with 17 years of relevant industry experience in transportation and logistics
  • New director brings operational leadership experience as co-CEO of a multi-state business
  • Addition of director with both financial markets and operational management expertise
Negative
  • None.

MORGAN CITY, La., Jan. 30, 2025 /PRNewswire/ -- Conrad Industries, Inc. (OTC Pink: CNRD) announced today the appointment of Jack Waldo to its Board of Directors and Independent Directors Committee and the resignation and retirement of Michael J. Harris from the Board and Committee, effective January 28, 2025. Mr. Waldo was appointed by the Board to fill the vacancy created by Mr. Harris' resignation.

Johnny Conrad, Chairman and Chief Executive Officer, commented, "We are pleased to welcome Jack Waldo to our Board. Jack knows our company and industry well, including from his 17 years as an investment banker and research analyst at Stephens Inc. focusing on transportation and logistics. Since then, he has gained operational experience as co-CEO of Dental Depot. We look forward to his insights and guidance.

We also want to thank Mike Harris for his dedicated service on our Board and Independent Directors Committee, and his commitment to our Company and its shareholders. Mike has provided invaluable contributions to our Board and management, and we wish him well in his retirement."

About Jack Waldo

Jack Waldo serves as co-Chief Executive Officer of Dental Depot, a privately-held dentistry group with 46 locations spread over four states. He joined Dental Depot in 2017 as director of regional operations, became Chief Operating Officer shortly thereafter and became co-CEO in July 2020. Prior to Dental Depot, Mr. Waldo was an investment banker and research analyst at Stephens Inc. for 17 years, including serving as Managing Director of Transportation and Logistics Investment Banking. Since 2021, Mr. Waldo has served on the Board of Directors of United Petroleum Transport, a leader in the tank truck industry. He also serves on the Board of Directors of the Samuel Roberts Noble Foundation, which makes charitable grants to nonprofits that cultivate good health, support education and build stronger communities, primarily in Oklahoma.

About Conrad Industries, Inc.

Conrad Industries, Inc., established in 1948 and headquartered in Morgan City, Louisiana, designs, builds and overhauls barges, dredges and dredge support equipment, tugboats, ferries, drydocks, liftboats, offshore supply vessels and other steel products for both the commercial and government markets. The company provides both repair and new construction services at its five shipyards located in southern Louisiana and Texas.

For Information Contact:
Scott Thomas (985) 702-0195
SAThomas@ConradIndustries.com

Cision View original content:https://www.prnewswire.com/news-releases/conrad-industries-announces-appointment-of-jack-waldo-to-its-board-of-directors-and-retirement-of-michael-j-harris-302364921.html

SOURCE Conrad Industries, Inc.

FAQ

When did Jack Waldo join Conrad Industries (CNRD) board of directors?

Jack Waldo joined Conrad Industries' board of directors on January 28, 2025.

What is Jack Waldo's experience before joining CNRD's board?

Jack Waldo served 17 years at Stephens Inc. as an investment banker and research analyst in transportation and logistics, and currently serves as co-CEO of Dental Depot, a 46-location dentistry group.

Who did Jack Waldo replace on Conrad Industries' board?

Jack Waldo replaced Michael J. Harris, who resigned and retired from Conrad Industries' Board and Independent Directors Committee.

What other board positions does Jack Waldo currently hold?

Jack Waldo serves on the Board of Directors of United Petroleum Transport and the Samuel Roberts Noble Foundation.

How many shipyards does Conrad Industries (CNRD) operate?

Conrad Industries operates five shipyards located in southern Louisiana and Texas.

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