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Great Lakes Announces Election of New Director

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Great Lakes Dredge & Dock (NASDAQ: GLDD), the largest U.S. dredging services provider, announced the election of Dana Armstrong to its Board of Directors effective January 5, 2025. This appointment increases the board size to seven members.

Armstrong currently serves as Executive Vice President and CFO of Excelerate Energy (NYSE:EE) since 2020. Her prior experience includes CFO roles at Scientific Drilling International (2015-2020) and financial positions at Ion Geophysical (2007-2015). She holds accounting and finance degrees from the University of Houston and is a CPA in Texas.

Great Lakes, with its 134-year history, specializes in dredging services and is expanding into offshore wind energy. The company operates approximately 200 specialized vessels and maintains a comprehensive engineering training program alongside its Incident-and Injury-Free® safety management system.

Great Lakes Dredge & Dock (NASDAQ: GLDD), il più grande fornitore di servizi di dragaggio negli Stati Uniti, ha annunciato l'elezione di Dana Armstrong nel suo Consiglio di Amministrazione a partire dal 5 gennaio 2025. Questa nomina porta il numero dei membri del consiglio a sette.

Armstrong attualmente ricopre il ruolo di Vice Presidente Esecutivo e CFO di Excelerate Energy (NYSE:EE) dal 2020. La sua esperienza precedente include ruoli di CFO presso Scientific Drilling International (2015-2020) e posizioni finanziarie presso Ion Geophysical (2007-2015). Ha conseguito lauree in contabilità e finanza presso l'Università di Houston ed è CPA in Texas.

Great Lakes, con una storia di 134 anni, è specializzata nei servizi di dragaggio ed è in espansione nel settore dell'energia eolica offshore. L'azienda opera con circa 200 navi specializzate e mantiene un programma completo di formazione ingegneristica insieme al suo sistema di gestione della sicurezza Incident-and Injury-Free®.

Great Lakes Dredge & Dock (NASDAQ: GLDD), el mayor proveedor de servicios de dragado en EE.UU., anunció la elección de Dana Armstrong a su Junta Directiva con efecto a partir del 5 de enero de 2025. Esta designación aumenta el tamaño de la junta a siete miembros.

Armstrong actualmente se desempeña como Vicepresidenta Ejecutiva y CFO de Excelerate Energy (NYSE:EE) desde 2020. Su experiencia previa incluye roles de CFO en Scientific Drilling International (2015-2020) y posiciones financieras en Ion Geophysical (2007-2015). Tiene títulos en contabilidad y finanzas de la Universidad de Houston y es CPA en Texas.

Great Lakes, con una historia de 134 años, se especializa en servicios de dragado y está expandiéndose hacia la energía eólica marina. La empresa opera aproximadamente 200 embarcaciones especializadas y mantiene un programa exhaustivo de formación en ingeniería junto con su sistema de gestión de seguridad Incident-and Injury-Free®.

그레이트 레이크 드레지 & 독 (NASDAQ: GLDD), 미국에서 가장 큰 준설 서비스 제공업체가 다나 암스트롱을 2025년 1월 5일부터 이사회의 구성원으로 선출했다고 발표했습니다. 이 임명으로 이사회의 구성원 수는 7명으로 늘어났습니다.

암스트롱은 현재 2020년 이후로 Excelerate Energy (NYSE:EE)에서 상무이사 겸 CFO로 재직하고 있습니다. 그녀의 이전 경력으로는 Scientific Drilling International (2015-2020)에서 CFO 역할과 Ion Geophysical (2007-2015)에서 재무직을 맡은 경험이 있습니다. 그녀는 휴스턴 대학교에서 회계 및 재무 관련 학위를 받았고 텍사스주에서 CPA 자격증을 보유하고 있습니다.

134년의 역사를 가진 그레이트 레이크는 준설 서비스에 전문화되어 있으며, 해상 풍력 에너지로 사업을 확장하고 있습니다. 이 회사는 약 200척의 전문 선박을 운영하며, 포괄적인 엔지니어링 교육 프로그램과 Incident-and Injury-Free® 안전 관리 시스템을 유지하고 있습니다.

Great Lakes Dredge & Dock (NASDAQ: GLDD), le plus grand fournisseur de services de dragage aux États-Unis, a annoncé l'élection de Dana Armstrong à son Conseil d'Administration à compter du 5 janvier 2025. Cette nomination porte le nombre de membres du conseil à sept.

Armstrong occupe actuellement le poste de Vice-Présidente Exécutive et CFO d'Excelerate Energy (NYSE:EE) depuis 2020. Son expérience précédente comprend des postes de CFO chez Scientific Drilling International (2015-2020) et des fonctions financières chez Ion Geophysical (2007-2015). Elle détient des diplômes en comptabilité et en finance de l'Université de Houston et est CPA au Texas.

Great Lakes, avec ses 134 ans d'histoire, se spécialise dans les services de dragage et s'étend dans le domaine de l'énergie éolienne en mer. L'entreprise exploite environ 200 navires spécialisés et maintient un programme de formation technique complet en plus de son système de gestion de la sécurité Incident-and Injury-Free®.

Great Lakes Dredge & Dock (NASDAQ: GLDD), der größte Anbieter von Baggerdiensten in den USA, gab die Wahl von Dana Armstrong in seinen Vorstand bekannt, die am 5. Januar 2025 wirksam wird. Diese Ernennung erhöht die Größe des Vorstands auf sieben Mitglieder.

Armstrong ist seit 2020 als Executive Vice President und CFO von Excelerate Energy (NYSE:EE) tätig. Ihre vorherige Erfahrung umfasst CFO-Positionen bei Scientific Drilling International (2015-2020) sowie Finanzpositionen bei Ion Geophysical (2007-2015). Sie hat Abschlüsse in Rechnungswesen und Finanzen von der University of Houston und ist CPA in Texas.

Great Lakes, mit einer 134-jährigen Geschichte, spezialisiert sich auf Baggerdienste und expandiert in die Offshore-Windenergie. Das Unternehmen betreibt etwa 200 spezialisierte Schiffe und unterhält ein umfassendes Ingenieurausbildungsprogramm sowie sein Incident-and Injury-Free® Sicherheitsmanagementsystem.

Positive
  • Board expansion strengthens corporate governance with addition of experienced financial executive
  • New director brings relevant industry experience from energy and infrastructure sectors
  • Appointment demonstrates commitment to board refreshment and diversity
Negative
  • None.

HOUSTON, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes" or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced that Dana Armstrong was elected to its Board of Directors. Her election as a new independent director was effective January 5, 2025, and increases the number of Board members to seven.

Lawrence R. Dickerson, Chairman of the Board, commented, “On behalf of the Board, it is my great pleasure to welcome Dana Armstrong to the Great Lakes Board of Directors. Dana’s election demonstrates the Company’s commitment to Board refreshment and depth of knowledge and her wide-ranging experience and leadership will be a tremendous addition to our Board.”

Since 2020, Ms. Armstrong has served as Executive Vice President and Chief Financial Officer of Excelerate Energy, Inc. (NYSE:EE), the world’s leading provider of floating storage and regasification units and downstream Liquified Natural Gas infrastructure. Previously, Ms. Armstrong served as Senior Vice President and Chief Financial Officer of Scientific Drilling International, a global energy services provider and manufacturer specializing in high accuracy wellbore placement and drilling solutions from 2015 to 2020. Prior to that, she held several financial positions from 2007 to 2015, at Ion Geophysical Corporation, which at the time was a publicly traded provider of geophysical technology, services, and solutions to the global oil and gas industry, including Vice President and Global Treasurer.

Ms. Armstrong holds a Bachelor’s Degree in Accounting and Master’s Degree in Finance from the University of Houston, C.T. Bauer College of Business. Ms. Armstrong is also a licensed Certified Public Accountant in the State of Texas.

The Company
Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) is the largest provider of dredging services in the United States. In addition, Great Lakes is fully engaged in expanding its core business into the rapidly developing offshore wind energy industry. The Company has a long history of performing significant international projects. The Company employs experienced civil, ocean and mechanical engineering staff in its estimating, production and project management functions. In its over 134-year history, the Company has never failed to complete a marine project. Great Lakes owns and operates the largest and most diverse fleet in the U.S. dredging industry, comprised of approximately 200 specialized vessels. Great Lakes has a disciplined training program for engineers that ensures experienced-based performance as they advance through Company operations. The Company’s Incident-and Injury-Free® (IIF®) safety management program is integrated into all aspects of the Company’s culture. The Company’s commitment to the IIF® culture promotes a work environment where employee safety is paramount.

For further information contact:
Tina Baginskis
Director, Investor Relations
630-574-3024

This press release was published by a CLEAR® Verified individual.


FAQ

When did Dana Armstrong join Great Lakes Dredge & Dock (GLDD) Board of Directors?

Dana Armstrong joined the GLDD Board of Directors effective January 5, 2025.

What is Dana Armstrong's current role outside of GLDD's board?

Dana Armstrong currently serves as Executive Vice President and Chief Financial Officer of Excelerate Energy (NYSE:EE) since 2020.

How many members are now on Great Lakes Dredge & Dock's board after Armstrong's election?

Following Dana Armstrong's election, the GLDD board increased to seven members.

What is the size of Great Lakes Dredge & Dock's (GLDD) vessel fleet?

GLDD operates approximately 200 specialized vessels, representing the largest and most diverse fleet in the U.S. dredging industry.

What new market is GLDD expanding into besides dredging services?

GLDD is expanding its core business into the rapidly developing offshore wind energy industry.

Great Lakes Dredge & Dock Corporation

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