The Midwest’s largest contractor introduced a main management change Wednesday whereas additionally unveiling a new enterprise unit to speed up knowledge heart building efforts.
Russ Burns, CEO of Chicago-based Clayco, retired from his put up on the finish of final 12 months and has been changed by Anthony Johnson, previously government vice chairman and head of the corporate’s industrial enterprise unit. Johnson, a 17-year Clayco veteran, grew the unit right into a top-ranked builder in every of its market segments, per the announcement.
Burns helmed the design-build agency, which recorded $5.3 billion in 2023 income, for over 17 years. He’ll proceed to function chairman of the board of advisors.
“Russ Burns has been a transformational chief for Clayco,” Bob Clark, founder and government chairman at Clayco, stated within the launch. “In his time as CEO, Clayco has quickly expanded to grow to be one of many largest builders of technical, mission crucial initiatives in the US, and we’re past grateful for his contributions.”
The management change coincides with the launch of Clayco Compute, an built-in knowledge heart supply enterprise unit centered on solely extremely specialised building of superior expertise facilities.
The growth is designed to capitalize on rising demand for superior knowledge heart and quantum computing building initiatives, in keeping with the discharge. Clayco claims to have accomplished or at present undertaken over $12.7 billion in superior expertise initiatives. In 2024, Clayco generated $3.6 billion in income on knowledge heart initiatives, accounting for half of the agency’s whole income, the agency stated.
Clayco Compute is projected to proceed that development, per the announcement, anticipating to achieve over $4.5 billion by 2026.
Different adjustments
Along with Burns’ retirement and Johnson’s promotion, the corporate introduced different management adjustments. They embody:
- Shawn Clark, CEO of CRG, Clayco’s actual property improvement arm, will tackle the newly created function of Clayco’s chief technique officer.
- Steve Sieckhaus, enterprise COO, has additionally assumed the function of enterprise president.
- Kevin McKenna, the present president of building, may even assume the newly created function of chief administrative officer of the Clayco Enterprise.
- Bret Litton, senior vice chairman of finance, has been promoted to chief enterprise officer.
- Mike Pierle has been promoted to COO, Building.
- Jim Havel, Clayco Enterprise’s CFO, is retiring after greater than 40 years within the monetary sector. He’ll proceed to serve on Clayco’s board of advisors.
- Justin Lienemann has been promoted to succeed Havel as CFO of Clayco Enterprise.
First established in 1984 in St. Louis, Clayco has grown considerably within the final 40 years. The contractor moved its headquarters to Chicago in 2013, and at this time has over 3,500 full-time workers.