DBM Global Inc. Announces Election of Mark Koolis as CFO
DBM Global Inc. (DBMG) has announced leadership changes in its financial department. Mark Koolis has been elected as the new Chief Financial Officer (CFO), while former CFO Michael R. Hill transitions to the role of Vice President of Finance while maintaining his position on the DBM Board of Directors.
The company's other key officers, including James R. Roach (Chairman and CEO), Robert N. Waldrep (Vice President), and Scott D. Sherman (Vice President, General Counsel, and Secretary), will retain their current positions.
Koolis, who joined DBM in September 2021 as VP of Finance and Administration, brings significant experience from his previous roles as CFO at Banker Steel (2019-2021) and NYCC (2016-2019), as well as senior financial positions at Hubbell Inc. He holds a BS in Business Administration and Masters of Science in Accounting from the University of Connecticut.
DBM Global Inc. (DBMG) ha annunciato cambiamenti nel leadership del suo dipartimento finanziario. Mark Koolis è stato eletto nuovo Chief Financial Officer (CFO), mentre l'ex CFO Michael R. Hill passa al ruolo di Vice Presidente delle Finanze mantenendo la sua posizione nel Consiglio di Amministrazione di DBM.
Gli altri principali dirigenti dell'azienda, tra cui James R. Roach (Presidente e CEO), Robert N. Waldrep (Vice Presidente) e Scott D. Sherman (Vice Presidente, Counsel Generale e Segretario), manterranno le loro attuali posizioni.
Koolis, che si è unito a DBM a settembre 2021 come VP di Finanza e Amministrazione, porta con sé una notevole esperienza dai suoi ruoli precedenti come CFO di Banker Steel (2019-2021) e NYCC (2016-2019), oltre a posizioni finanziarie senior in Hubbell Inc. Ha conseguito una laurea in Amministrazione Aziendale e un Master in Scienze Contabili presso l'Università del Connecticut.
DBM Global Inc. (DBMG) ha anunciado cambios en el liderazgo de su departamento financiero. Mark Koolis ha sido elegido como el nuevo Director Financiero (CFO), mientras que el anterior CFO Michael R. Hill pasa a ser Vicepresidente de Finanzas, manteniendo su posición en la Junta Directiva de DBM.
Los otros altos funcionarios clave de la empresa, incluyendo a James R. Roach (Presidente y CEO), Robert N. Waldrep (Vicepresidente) y Scott D. Sherman (Vicepresidente, Asesor Legal General y Secretario), conservarán sus posiciones actuales.
Koolis, que se unió a DBM en septiembre de 2021 como VP de Finanzas y Administración, aporta una experiencia significativa de sus roles anteriores como CFO en Banker Steel (2019-2021) y NYCC (2016-2019), así como en posiciones financieras senior en Hubbell Inc. Tiene una licenciatura en Administración de Empresas y una Maestría en Ciencias Contables de la Universidad de Connecticut.
DBM Global Inc. (DBMG)는 재무 부서의 리더십 변경을 발표했습니다. Mark Koolis가 새로운 최고재무책임자(CFO)로 선출되었으며, 이전 CFO Michael R. Hill는 재무 부사장 역할로 전환하면서 DBM 이사회에서의 직위를 유지합니다.
회사의 다른 주요 임원들인 James R. Roach(회장 겸 CEO), Robert N. Waldrep(부사장) 및 Scott D. Sherman(부사장, 총괄 법률 고문 및 비서)는 현재의 직위를 유지합니다.
Koolis는 2021년 9월 DBM에 재무 및 관리 부사장으로 합류했으며, 이전에 Banker Steel(2019-2021)와 NYCC(2016-2019)의 CFO 및 Hubbell Inc.의 고위 재무직에서 상당한 경험을 쌓았습니다. 그는 코네티컷 대학교에서 경영학 학사 및 회계학 석사 학위를 취득했습니다.
DBM Global Inc. (DBMG) a annoncé des changements au sein de la direction de son département financier. Mark Koolis a été élu nouveau directeur financier (CFO), tandis que l'ancien CFO Michael R. Hill passe au poste de vice-président des Finances tout en maintenant sa position au sein du Conseil d'Administration de DBM.
Les autres responsables clés de l'entreprise, y compris James R. Roach (président et CEO), Robert N. Waldrep (vice-président) et Scott D. Sherman (vice-président, avocat général et secrétaire), conserveront leurs postes actuels.
Koolis, qui a rejoint DBM en septembre 2021 en tant que VP des Finances et de l'Administration, apporte une expérience significative de ses rôles précédents en tant que CFO chez Banker Steel (2019-2021) et NYCC (2016-2019), ainsi que dans des postes financiers supérieurs chez Hubbell Inc. Il est titulaire d'une licence en Administration des affaires et d'un Master en comptabilité de l'Université du Connecticut.
DBM Global Inc. (DBMG) hat Änderungen in der Führung seiner Finanzabteilung bekannt gegeben. Mark Koolis wurde als neuer Chief Financial Officer (CFO) gewählt, während der ehemalige CFO Michael R. Hill in die Rolle des Vizepräsidenten für Finanzen wechselt und seine Position im Vorstand von DBM behält.
Die anderen wichtigen Führungskräfte des Unternehmens, darunter James R. Roach (Vorsitzender und CEO), Robert N. Waldrep (Vizepräsident) und Scott D. Sherman (Vizepräsident, General Counsel und Sekretär), werden ihre aktuellen Positionen beibehalten.
Koolis, der im September 2021 als VP für Finanzen und Administration zu DBM kam, bringt bedeutende Erfahrungen aus seinen früheren Positionen als CFO bei Banker Steel (2019-2021) und NYCC (2016-2019) sowie aus leitenden Finanzpositionen bei Hubbell Inc. mit. Er hat einen Bachelor in Betriebswirtschaft und einen Master of Science in Rechnungswesen von der Universität Connecticut.
- Smooth leadership transition with former CFO remaining in senior management
- New CFO has relevant industry experience and strong educational background
- Continuity in other key executive positions maintained
- None.
PHOENIX, Jan. 06, 2025 (GLOBE NEWSWIRE) -- DBM Global Inc. (“DBM”) announces the election of new Chief Financial Officer (CFO) – Mark Koolis. Former CFO Michael R. Hill has taken a different position with DBM and has been elected as Vice President of Finance and will remain on the DBM Board of Directors. The other Officers will keep their current roles: James R. Roach – Chairman and CEO, Robert N. Waldrep – Vice President, and Scott D. Sherman – Vice President, General Counsel, and Secretary.
Mr. Roach stated that “Mike Hill has served, with distinction, as CFO for DBM Global since 2000 and we are excited to have Mike continue in a different role with the Company.” Mr. Roach added that “Mark Koolis has been working closely with Mike over the last two years and will be ready to hit the ground running as our new CFO.”
Mr. Koolis stated that “I am excited to step into the role of CFO and continue to work with the incredible team at DBM Global to contribute to the company’s continued success.”
New CFO Biography:
Mark Koolis
Mark Koolis joined DBM in September 2021 as VP of Finance and Administration. Mr. Koolis was part of the May 2021 Banker Steel acquisition where he worked as Chief Financial Officer since 2019 and was previously CFO of NYCC, a subsidiary of Banker Steel, from 2016-2019. Prior to joining Banker Steel, Mr. Koolis worked at Hubbell Inc. in various senior financial roles. Mr. Koolis holds a BS in Business Administration and Masters of Science in Accounting from the University of Connecticut.
About DBM Global Inc.
DBM Global Inc. is focused on delivering world class, sustainable value to its clients through a highly collaborative portfolio of companies which provide better designs, more efficient construction, and superior asset management solutions. The Company offers integrated steel construction services from a single source and professional services which include design-assist, design-build, engineering, detailing, BIM co-ordination, steel modeling/detailing, fabrication, rebar detailing, advanced field erection, project management, and state-of-the-art steel management systems. Major market segments include commercial, healthcare, convention centers, stadiums, gaming and hospitality, mixed use and retail, industrial, public works, bridges, transportation, and international projects. The Company, which is headquartered in Phoenix, Arizona, has operations in United States, Australia, Canada, India, New Zealand, the Philippines, Singapore, Thailand and the United Kingdom.
Contact:
DBM Global Inc.
Mark Koolis
(602)257-7838
Mark.Koolis@dbmglobal.com
For additional information on DBM Global’s majority shareholder, INNOVATE Corp. (NYSE: VATE), please visit http://www.innovatecorp.com or contact:
Investor Contact:
Solebury Strategic Communications
Anthony Rozmus
(212) 235-2691
Email: ir@innovatecorp.com
Cautionary Statement Regarding Forward-Looking Statements
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: This release contains, and certain oral statements made by our representatives from time to time may contain, forward-looking statements. Generally, forward-looking statements include information describing actions, events, results, strategies and expectations and are generally identifiable by use of the words "believes," "expects," "intends," "anticipates," "plans," "seeks," "estimates," "projects," "may," "will," "could," "might," or "continues" or similar expressions. The forward-looking statements in this press release include without limitation statements regarding our expectation regarding building shareholder value. Such statements are based on the beliefs and assumptions of DBM Global's management and the management of DBM Global’s subsidiaries. The Company believes these judgments are reasonable, but you should understand that these statements are not guarantees of performance or results, and the Company's actual results could differ materially from those expressed or implied in the forward-looking statements due to a variety of important factors, both positive and negative, that may be revised or supplemented in subsequent reports on INNOVATE Corp.’s Forms 10-K, 10-Q and 8-K. These risks and other important factors discussed under the caption "Risk Factors" in INNOVATE’s most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission ("SEC"), and other reports filed with the SEC could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release.
You should not place undue reliance on forward-looking statements. All forward-looking statements attributable to DBM Global or persons acting on its behalf are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made, and DBM Global undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
FAQ
Who is the new CFO of DBM Global (DBMG) as of January 2025?
What is Mark Koolis's previous experience before becoming DBMG's CFO?
What happened to DBMG's former CFO Michael R. Hill?
What is Mark Koolis's educational background?
