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Granite Promotes Martin P. Matheson to Oversee California Operations

  Granite Promotes Martin P. Matheson to Oversee California Operations

Business Wire

WATSONVILLE, Calif. -- July 31, 2013

Granite Construction Incorporated (NYSE:GVA) today announced that Martin
“Pete” Matheson has been named senior vice president and manager of its
California operations, effective August 1, 2013. Matheson is a 22-year veteran
with Granite.

Pete Matheson, Senior Vice President, Granite Construction Incorporated
(Photo: Business Wire)

Pete Matheson, Senior Vice President, Granite Construction Incorporated
(Photo: Business Wire)

“Throughout his career, Pete has demonstrated his industry knowledge and
strong operational skills in all areas of the construction business,” said
Granite President and Chief Executive Officer, James H. Roberts. “His
background and proven leadership in our vertically-integrated business,
coupled with his unparalleled work ethic, will be valuable assets as we work
to capitalize on our opportunities throughout the state.”

Matheson most recently served as vice president for Granite’s Washington
Region and was instrumental throughout the company’s acquisitions of both
Superior Group and Wilder Construction Company. He joined Granite in 1989 as
an estimator in the company’s Reno, Nevada operations. From 1989 to 1997, he
progressed through the ranks as a project superintendent, project manager and
construction manager. Matheson left Granite briefly in 1997 and rejoined the
company’s Utah operations in 1999, serving in several management roles and
helping to create one of Granite’s most successful businesses.

In his new role, Matheson will have the responsibility of overseeing the
bidding and building activities of Granite’s vertically-integrated operations
located throughout California. In addition, he will provide expertise and
oversight in areas such as strategic planning, forecasting, estimating,
safety, technology and quality.

About Granite

Through its offices and subsidiaries nationwide, Granite Construction
Incorporated (NYSE:GVA) is one of the nation’s largest infrastructure
contractors and construction materials producers. Incorporated in 1922,
Granite serves public- and private-sector clients on projects both small and
large. Granite’s project teams represent some of the best in the industry
serving owners in the transportation, power, federal, tunneling, underground,
and industrial/mining and water resources markets. In 2013, the Company was
recognized by the Ethisphere Institute as one of the World’s Most Ethical
Companies for the fourth year in a row. For more information please visit

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Granite Construction Incorporated
Jacque Fourchy, 831-761-4741
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