Great Lakes Dredge & Dock Corporation Appoints Scott Kornblau as Senior Vice President and Chief Financial Officer
October 01 2021 - 8:00AM
Great Lakes Dredge & Dock Co. (NASDAQ:GLDD), the nation’s
largest provider of dredging servicers, has appointed Scott
Kornblau as its Senior Vice President and Chief Financial Officer
effective immediately.
In his role, Kornblau will be responsible for
overseeing the company’s financial operations including investor
relations and strategic and profitable growth opportunities, while
managing various accounting functions and information technology.
Based in Houston, he will serve on the company’s executive team and
report to the President and Chief Executive Officer, Lasse
Petterson. He succeeds Mark Marinko who has left the company to
pursue other opportunities in the Chicago area.
“Scott brings more than two decades of both
financial and industry experience to his role at GLDD and I’m
pleased to welcome him to our leadership team,” said Petterson.
“Our company has seen exponential growth over the last few years
and I’m confident Scott’s multidisciplinary leadership will
contribute to and elevate our strategic plan.”
Prior to joining GLDD, Kornblau held various
finance and leadership positions at Diamond Offshore Drilling,
Inc., and most recently served Senior Vice President and Chief
Financial Officer.
“I’m grateful to further my career at GLDD and
continue executing its strategic plan for accelerated growth and
delivering value to stakeholders,” said Kornblau. “I look forward
to working with the entire GLDD team to further the company’s
momentum and proud history in the industry.”
Kornblau graduated from the University of Texas
at Austin with a degree in accounting and is 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, 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 131-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, comprising over 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.
Cautionary Note Regarding
Forward-Looking Statements Certain statements in this
press release may constitute "forward-looking" statements as
defined in Section 21E of the Securities Exchange Act of 1934 (the
"Exchange Act"), the Private Securities Litigation Reform Act of
1995 (the "PSLRA") or in releases made by the Securities and
Exchange Commission (the "SEC"), all as may be amended from time to
time. Such forward-looking statements involve known and unknown
risks, uncertainties and other important factors that could cause
the actual results, performance or achievements of Great Lakes and
its subsidiaries, or industry results, to differ materially from
any future results, performance or achievements expressed or
implied by such forward-looking statements. Statements that are not
historical fact are forward-looking statements. These cautionary
statements are being made pursuant to the Exchange Act and the
PSLRA with the intention of obtaining the benefits of the "safe
harbor" provisions of such laws. Great Lakes cautions investors
that any forward-looking statements made by Great Lakes are not
guarantees or indicative of future events.
Although Great Lakes believes that its plans,
intentions and expectations reflected in this press release are
reasonable, actual events could differ materially. The
forward-looking statements contained in this press release are made
only as of the date hereof and Great Lakes does not have or
undertake any obligation to update or revise any forward-looking
statements whether as a result of new information, subsequent
events or otherwise, unless otherwise required by law.
For further information
contact: Tina BaginskisDirector,
Investor Relations630-574-3024
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