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Orion Group Holdings Announces CFO Transition
Orion Orion (US:ORN) Globenewswire·2025-06-10 11:00

Core Points - Alison Vasquez has been appointed as the new Chief Financial Officer (CFO) of Orion Group Holdings, effective June 23, 2025, succeeding Scott Thanisch who will remain in an advisory role until July 1, 2025 [2][4] - The company has reiterated its full year 2025 guidance, projecting revenue between $800 million and $850 million, and Adjusted EBITDA in the range of $42 million to $46 million [3][4] Company Overview - Orion Group Holdings is a leading specialty construction company that operates in the infrastructure, industrial, and building sectors, providing services both on and off the water across the continental United States, Alaska, Hawaii, Canada, and the Caribbean Basin [6][7] - The company’s marine segment offers construction and dredging services related to marine transportation facility construction, marine pipeline construction, and environmental structures, while its concrete segment provides turnkey concrete construction services [6] Leadership Insights - Travis Boone, the President and CEO, expressed excitement about Vasquez joining the executive leadership team, highlighting her extensive experience in finance, accounting, and investor relations as a strong fit for the company's growth and profitability goals [4][5] - Vasquez has over 25 years of experience in public companies, previously serving as Senior Vice President and Chief Accounting Officer at KBR, Inc., and has held various leadership roles in finance and auditing [4][5]