Willdan Appoints Stacy McLaughlin Chief Financial Officer
ANAHEIM, Calif. -- November 15, 2013
Willdan Group, Inc. (“Willdan”) (NASDAQ:WLDN) today announced the promotion of
Stacy B. McLaughlin to Chief Financial Officer, effective November 15, from
her previous position as the company’s Compliance Manager.
“Stacy is a proactive, results-oriented professional who has extensive
knowledge of the financial drivers and performance of each of our business
segments and has worked closely with everyone on our finance and leadership
teams,” said Thomas Brisbin, Chief Executive Officer. “During the past three
years, she has made a key contribution to the Company in designing and
implementing processes and procedures to streamline accounting functions and
improve efficiencies. Stacy has already proven her capabilities and I am
confident she will make a strong contribution to our future success as our
Chief Financial Officer.”
Stacy brings nearly 10 years of experience in finance, SEC reporting and
compliance. As Compliance Manager at Willdan, she has been responsible for
overseeing all aspects of the financial reporting process, including analyzing
the balance sheets and income statements of each business segment. Prior to
joining Willdan, Mrs. McLaughlin was, from 2009 to 2010, Senior Associate at
Windes & McClaughry Accountancy Corporation and, from 2004 to 2009, Senior
Audit Associate at the public accounting firm KPMG, LLP. In this position, she
planned, coordinated and completed financial statement audits for companies in
the engineering services sector, among others. McLaughlin has a Masters in
Accounting from the University of Southern California and BS from the
University of Arizona.
Brisbin continued, “I would also like to thank Kimberly Gant for the many
contributions she has made to Willdan as our Chief Financial Officer over the
past 6 years and wish her well in all of her future endeavors.”
About Willdan Group, Inc.
Founded in 1964, Willdan provides professional technical and consulting
services to public agencies at all levels of government, public and private
utilities, and commercial and industrial firms. Willdan provides a broad range
of services to clients throughout the United States, including engineering and
planning, energy efficiency and sustainability, economic and financial
consulting, and national preparedness and interoperability. For additional
information, visit Willdan’s website at www.willdan.com.
Safe Harbor Statement: Statements in this press release which are not purely
historical, including statements regarding Willdan’s intentions, hopes,
beliefs, expectations, representations, projections, estimates, plans or
predictions of the future are forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. The forward-looking
statements involve risks and uncertainties including, but not limited to, the
risk that Willdan will not be able to expand its services or meet the needs of
customers in markets in which it operates. It is important to note that
Willdan’s actual results could differ materially from those in any such
forward-looking statements. Factors that could cause actual results to differ
materially include, but are not limited to, a slowdown in the local and
regional economies of the states where Willdan conducts business and the loss
of or inability to hire additional qualified professionals. Willdan’s business
could be affected by a number of other factors, including the risk factors
listed from time to time in Willdan’s SEC reports including, but not limited
to, the Annual Report on Form 10-K for the year ended December 28, 2012 filed
on March 26, 2013 and the Quarterly Reports on Form 10-Q for the quarter ended
March 29, 2013 filed on May 9, 2013, for the quarter ended June 30, 2013 filed
on August 8, 2013 and for the quarter ended September 30, 2013 filed on
November 7, 2013. Willdan cautions investors not to place undue reliance on
the forward-looking statements contained in this press release. Willdan
disclaims any obligation to, and does not undertake to, update or revise any
forward-looking statements in this press release.
Willdan Group, Inc.
Chief Financial Officer
Financial Profiles, Inc.
Tel: 310-478-2700 x11
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