OVERLAND PARK, Kan., May 18, 2017 (GLOBE NEWSWIRE) -- Derek Glanvill, a senior advisor for Oaktree Capital Management’s GFI Energy Group and former president and chief operating officer of McCarthy Building Companies Inc., has been selected to join the Black & Veatch Board of Directors. Glanvill brings deep knowledge in construction industry strategy and contracting approaches, risk mitigation, safety and organizational development as well as a track record of growing a business well above the annualized market rate.
“Derek’s experience in managing large-scale engineering and construction projects, evolving workforce needs and overall strategy and corporate governance will provide valuable insights as we seek to deliver greater value to our clients and employee shareholders,” said Steve Edwards, Chairman and CEO of Black & Veatch. “His contributions to the board will help us expand our traditional service offerings and bring our unique capabilities to core and adjacent markets around the world.”
Glanvill spent more than 30 years in the engineering and construction sector before serving as an advisor to Oaktree Capital Management, a large, leading global investment management firm. At employee-owned McCarthy, based in St. Louis, Missouri, he served in a senior executive role for more than 20 years and 10 years as President and chief operating officer. He was recognized for his efforts in steering the company through the challenging economic conditions resulting from the financial crisis, implementing significant talent initiatives, and driving new revenue growth through diversification into additional markets.
Previously, Glanvill served as senior vice-president of construction and design-build for Sverdrup Corp. (now Jacobs) and began his career with a global company rising to president of the USA subsidiary, Hill Constructors.
“The rise of EPC, design-build and construction-led delivery approaches is driving a transformation of the energy and infrastructure markets around the world. Technology is also playing a key role in changing the way solutions are developed and implemented,” said Glanvill. “I look forward to working with the Board and the company’s professionals to build on its traditions and successfully navigate this exciting period in the history of our industry.”
- Glanvill received his B.Sc in civil and structural engineering at the University of KwaZulu Natal, South Africa.
- Pursuant to the Company’s bylaws, Glanvill will stand for election to a three-year Board term at Black & Veatch’s May 2018 Annual Shareholders Meeting.
- Please click here to download a high-resolution photograph of Derek Glanvill.
About Black & Veatch
Black & Veatch is an employee-owned, global leader in building critical human infrastructure in Energy, Water, Telecommunications and Government Services. Since 1915, we have helped our clients improve the lives of people in over 100 countries through consulting, engineering, construction, operations and program management. Our revenues in 2016 were US$3.2 billion. Follow us at www.bv.com and on social media.
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Source:Black & Veatch Holding Company