Core Insights - Great Lakes Dredge & Dock Corporation has elected Dana Armstrong as a new independent director, effective January 5, 2025, increasing the Board members to seven [1][2]. Company Overview - Great Lakes Dredge & Dock Corporation is the largest provider of dredging services in the United States and is expanding into the offshore wind energy industry [4]. - The company has a history of completing significant international projects and has never failed to complete a marine project in its over 134-year history [4]. - Great Lakes operates the largest and most diverse fleet in the U.S. dredging industry, consisting of approximately 200 specialized vessels [4]. - The company emphasizes a disciplined training program for engineers and integrates its Incident-and Injury-Free® (IIF®) safety management program into its culture, prioritizing employee safety [4]. New Board Member Profile - Dana Armstrong has served as Executive Vice President and Chief Financial Officer of Excelerate Energy, Inc. since 2020 and has prior experience as Senior Vice President and Chief Financial Officer of Scientific Drilling International from 2015 to 2020 [2]. - Armstrong holds a Bachelor's Degree in Accounting and a Master's Degree in Finance from the University of Houston, C.T. Bauer College of Business, and is a licensed Certified Public Accountant in Texas [3].
Great Lakes Announces Election of New Director