THE
WOODLANDS, Texas, March 14,
2025 /PRNewswire/ -- Sterling Infrastructure, Inc.
(NasdaqGS: STRL) ("Sterling" or "the Company") today announced the
appointment of Ronald A.
Ballschmiede, the Company's Executive Vice President, as
Sterling's interim Principal Financial Officer and Principal
Accounting Officer, effective March
14th. Mr. Ballschmiede assumes this
position following the departure of Sharon
Villaverde to pursue other opportunities. Mr. Ballschmiede
served as Sterling's Chief Financial Officer and Chief Accounting
Officer from November 2015 to
May 2024, and has held the role of
Executive Vice President from 2015 through the present. The Company
has initiated a formal search process to identify a permanent Chief
Financial Officer.
CEO Remarks
"I would like to thank Sharon for
her contributions to Sterling over the past year and wish her all
the best in her future endeavors," stated Joe Cutillo, Sterling's Chief Executive Officer.
"We are very pleased that Ron can seamlessly resume the CFO role
during the transition period. We remain as confident as ever in the
opportunities ahead of us and our team's ability to execute at a
high level," Mr. Cutillo concluded.
About Sterling
Sterling operates through a
variety of subsidiaries within three segments specializing in
E-Infrastructure, Transportation and Building Solutions in
the United States, primarily
across the Southern, Northeastern, Mid-Atlantic and Rocky Mountain
regions and the Pacific Islands. E-Infrastructure Solutions
provides advanced, large-scale site development services for
manufacturing, data centers, large scale distribution centers,
warehousing, power generation and more. Transportation Solutions
includes infrastructure and rehabilitation projects for highways,
roads, bridges, airports, ports, rail and storm drainage systems.
Building Solutions includes residential and commercial concrete
foundations for single-family and multi-family homes, parking
structures, elevated slabs, other concrete work, plumbing services,
and surveys for new single-family residential builds. From strategy
to operations, we are committed to sustainability by operating
responsibly to safeguard and improve society's quality of life.
Caring for our people and our communities, our customers and our
investors – that is The Sterling Way.
Joe Cutillo,
CEO, "We build and service the infrastructure that enables our
economy to run,
our people to move and our country to grow."
Sterling Infrastructure Contact
Noelle Dilts, VP of Investor Relations and
Corporate Strategy
281-214-0795
noelle.dilts@strlco.com
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SOURCE Sterling Infrastructure, Inc.
