Sundt Construction Appoints Cade Rowley as New Chief Executive Officer

Sundt Construction Appoints Cade Rowley as New Chief Executi - Leadership Transition at Major Construction Firm Sundt Constru

Leadership Transition at Major Construction Firm

Sundt Construction, the Tempe, Arizona-based builder, has named longtime company veteran Cade Rowley as its new president and chief executive officer, according to an October 1 company announcement. The leadership change marks the first CEO transition at the construction firm in nearly a decade, with Rowley succeeding Mike Hoover, who had held the position since 2016.

Proven Track Record of Growth

Rowley’s promotion comes after serving as president and chief operating officer at the firm, a position he reportedly stepped into earlier this year. Sources indicate that Rowley first joined Sundt in 1998 as a field engineer in what was then known as the Heavy Civil Group, now called the Transportation Group., according to market insights

According to reports, Rowley held numerous positions across the organization during his 25-year tenure, including roles in business development, preconstruction, and operations before advancing to senior vice president of the Transportation Group. The contractor stated that Rowley’s leadership of the Industrial Group beginning in 2022 resulted in the division tripling in volume to over $1.3 billion in annual revenue in less than three years.

Expansion to National Presence

Analysts suggest that Rowley played a crucial role in Sundt’s transformation from a regionally focused contractor to a firm with national reach. The company now maintains offices and job sites in more than two dozen states across the country, representing significant geographic expansion under the leadership team that included Rowley in key executive positions.

The report states that Hoover, the outgoing CEO, has transitioned to the role of executive chairman. In the company announcement, Hoover expressed confidence in his successor, stating, “I have no doubt he will continue to build on our legacy and lead Sundt to even greater success in the years ahead.”

Industry Experience and Background

Rowley’s extensive background in construction management and engineering positions him to lead the established contractor through its next phase of growth. His progression through multiple divisions within Sundt reportedly provides him with comprehensive understanding of the company‘s operations and strategic direction.

The leadership transition occurs as the construction industry continues to navigate economic uncertainties and supply chain challenges. Industry observers suggest that internal promotions of experienced executives like Rowley provide continuity during periods of market volatility while positioning companies for strategic growth opportunities.

References & Further Reading

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