Willdan Names Global Industry Veteran John Rinard CEO of Its Infrastructure
ANAHEIM, Calif. -- December 5, 2013
Willdan Group, Inc. (“Willdan”) (NASDAQ:WLDN) today announced the appointment
of acclaimed veteran infrastructure expert John Rinard as Chief Executive
Officer of the newly minted division, Willdan Infrastructure, an outgrowth of
Willdan’s venerable half-century of technical excellence, cost-effectiveness,
and client responsiveness. Drawing from Willdan’s 500+ professionals and
complementing its highly regarded engineering and project management service
groups, Willdan Infrastructure seeks to expand Willdan’s reach into projects
across the infrastructure spectrum including transportation, ports and freight
mobility, water, mining, and heavy civil.
“The industry is changing. And companies of our size possess greater
flexibility; we’re much more nimble in everything from project delivery to
local sensitivities,” explains Rinard. “Thomas Jefferson said, ‘In matters of
style, swim with the current; in matters of principle, stand like a rock.’ And
that pretty much describes our philosophy. We’re big enough to have global
expertise and capability and small enough to be nimble and responsive. Our
size and expertise provides the best of all worlds.”
Rinard knows of what he speaks. He possesses a dynamic history of helming
complex, notable projects including the Alameda Transportation Corridor and
Southern California Regional Rail Authority's Metrolink system. His U.S.
successes led to international prominence on five continents in roles such as
Chief Operating Officer/Programs Director for the $65 billion Libya Housing
and Infrastructure Program and the $7 billion West Pilbara mining project in
“Building on Willdan’s superb record, I look to use my history in
international large project experience and project delivery to realize
significant infrastructure projects here at home. We look to take global
experience and combine it with U.S. know-how. But this is not about perfection
or volume. This is about excellence. We’re looking to build relationships over
time and to become a virtual advocate for the public sector through the
infrastructure we help them create.”
Headquartered in Anaheim, Willdan Infrastructure seeks to take advantage of
its strength in the Western U.S., particularly through Willdan’s 16 offices
throughout California. Willdan Infrastructure also benefits from the firm’s
established relationships and track record for delivering projects on time and
on budget, and looks to use that expertise for essential transportation
programs and projects.
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 atwww.willdan.com
Willdan Infrastructure, Inc.
Building on Willdan’s 50 years of core service as a seamless extension of city
and public agency staff, Willdan’s infrastructure team brings specific
technical expertise and essential local knowledge to deliver large, complex
projects on time and on budget.
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 the Form 10-Q for the quarter
ended March 29, 2013 filed on May 9, 2013, for the quarter ended June 28, 2013
filed on August 8, 2013 and for the quarter ended September 27, 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.
Stacy B. McLaughlin
Financial Profiles, Inc.
Tel: 310-478-2700 x11
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