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Sterling Construction Announces Changes To The Leadership Team At Texas Sterling

Stocks in this article: STRL

Sterling Construction Company, Inc. (NasdaqGS:STRL), ("Sterling" or the "Company") today reported that it has selected Peter Holland, P.E. to be the CEO of its Texas Sterling Construction Co. (“TSC”) subsidiary effective September 9, 2013. Mr. Holland has replaced Doug Clements, who has left the Company to pursue other interests in the Utah/Nevada region where his family is located.

Mr. Holland is an accomplished construction industry executive with a successful track record of leading change, developing new markets, and growing revenue. He most recently served as Executive Vice President of Satterfield & Pontikes Construction, and President of their successful Federal Services Division. Previously, Mr. Holland held a series of progressively more responsible roles with the Parsons Corporation where, at the time of his departure in 2007, he held the position of Vice President for Infrastructure and Operations. Mr. Holland retired from the United States Air Force in 1992 with the rank of Captain after serving on various worldwide assignments and as an Associate Professor of Engineering at the Air Force Academy.

Mr. Holland holds a B.S. in Civil Engineering from the United States Air Force Academy, and an M.S. in Civil Engineering from the University of New Hampshire. He is a registered Professional Engineer and is actively involved with the Design Build Institute of America, the Association of General Contractors, and the Society of American Military Engineers.

Peter MacKenna, Sterling Construction’s President and CEO said, “We welcome Pete and look forward to his reshaping and reinvigorating TSC, our largest subsidiary. He brings a great mix of leadership, inspiration and passion for our industry. I also want to thank Doug for his leadership of TSC during very challenging times and to wish him well in his future endeavors.”

Sterling is a leading heavy civil construction company that specializes in the building and reconstruction of transportation and water infrastructure projects in Texas, Utah, Nevada, Arizona, California and other states where there are construction opportunities. Its transportation infrastructure projects include highways, roads, bridges and light rail and its water infrastructure projects include water, wastewater and storm drainage systems.

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