Granite (NYSE: GVA)
announced today that its board of directors appointed Kenneth B. Olson
to the position of vice president, treasurer, assistant financial
officer and assistant secretary, effective July 9, 2018. Olson succeeds,
and will report to, Jigisha Desai who was recently appointed senior vice
president and chief financial officer.
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Kenneth B. Olson (Photo: Business Wire)
Olson joined Granite in 2015 as assistant treasurer where he has been
responsible for leading treasury operations including management of
cash/debt operations and all leasing and derivatives, monitoring
long-term debt, equity, cash and asset management, cash forecasting and
investment strategy management.
"Ken was instrumental in our recent acquisitions, executing lender
consents and waivers as well as the Company’s largest financing
to-date,” said Granite President and Chief Executive Officer, James H.
Roberts. "His background and expertise make him a valuable member of our
team as we continue to execute on Granite’s strategic growth
Prior to Granite, Olson was the head of equity linked capital markets at
Standard Chartered Bank in Hong Kong where he assisted companies in
raising money through debt and equity related issuances. Previous roles
include a director in equity capital markets and corporate finance at
Bank of America Merrill Lynch in Tokyo, Japan and a manager in finance
at IBM in both Tokyo and New York. Olson’s extensive experience,
totaling 25 years, spans across treasury, corporate development and
financial planning and analysis.
Olson received his bachelor’s degree in Economics from the University of
Washington, a master’s in business degree from the MIT Sloan School of
Management and is a Certified Treasury and Professional Construction
Risk and Insurance Specialist.
Through its offices and subsidiaries nationwide, Granite Construction
Incorporated (NYSE: GVA) is a full-suite provider in the transportation,
water infrastructure and mineral exploration markets. Granite, America’s
Infrastructure Company, is an award-winning firm in safety, quality
and environmental stewardship, and has been honored as one of the
World’s Most Ethical Companies by Ethisphere Institute for nine
consecutive years. Granite is listed on the New York Stock Exchange and
is part of the S&P MidCap 400 Index, the MSCI KLD 400 Social Index and
the Russell 2000 Index. For more information, visit graniteconstruction.com.
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