Great Lakes Announces a New Appointment to the Board of Directors
January 08 2020 - 3:05PM
Great Lakes Dredge & Dock Corporation ("Great Lakes")
(NASDAQ:GLDD), the largest provider of dredging services
in the United States announced today that Elaine
Dorward-King was appointed to its Board of Directors. Dr.
Dorward-King was appointed to the class of directors that will
stand for election at the upcoming 2020 Annual Meeting of
Shareholders. Her appointment as a new independent director was
effective January 7, 2020 and follows a search process conducted as
part of Great Lakes’ ongoing focus on Board composition,
refreshment and diversity. In addition, upon her appointment, the
Board was increased to eight members. At this time, the
Company has not made a determination regarding any committee
assignments for Dr. Dorward-King.
Lawrence R. Dickerson, Chairman of the Board, commented, "We are
delighted to welcome Elaine Dorward-King to the Great Lakes Board.
Elaine is a talented, strategic leader whose expertise in
environmental, health, safety and sustainability compliments the
Board’s and management’s focus in these critical areas. Her
appointment exemplifies our continued commitment to Board
refreshment and adding strength to the overall Board composition.
On behalf of the Board, I welcome Elaine and look forward to
working with her."
About Elaine Dorward-King
Dr. Elaine Dorward-King most recently was the Executive
Vice President, Sustainability and External Relations at Newmont
Mining Corporation (“Newmont”) (NYSE:NEM), the world’s leading gold
mining company. Dr. Dorward-King has spent the majority
of her career in mining and joined Newmont in 2013. Prior to
joining Newmont, Dr. Dorward-King spent 21 years with Rio
Tinto, one of the world’s largest diversified producers of metals
and minerals, in general management and Environmental Health and
Safety leadership roles. Dr. Dorward-King has over 25 years of
leadership experience in creating and implementing sustainable
development, safety, health and environmental strategy, and
programs in mining, chemical, and engineering consulting sectors.
Currently Dr. Dorward-King serves on the Board of
Directors of Kenmare Resources plc (LSE:KMR, ISE:KMR), one of the
world’s largest producers of mineral sands products.
Dr. Dorward-King holds a Bachelor’s Degree from Maryville
College and received a PhD in Analytical Chemistry from Colorado
State University.
The Company Great Lakes Dredge
& Dock Corporation (“Great Lakes” or the “Company”) is the
largest provider of dredging services in the United States and the
only U.S. dredging company with significant international
operations. The Company employs experienced civil, ocean and
mechanical engineering staff in its estimating, production and
project management functions. In its over 129-year history,
the Company has never failed to complete a marine project. Great
Lakes has a disciplined training program for engineers that ensures
experienced-based performance as they advance through Company
operations. The Company’s Incident-and Injury-Free (IIF®) safety
management program is integrated into all aspects of the company’s
culture. The company’s commitment to the IIF® culture promotes a
work environment where employee safety is paramount. Great
Lakes also owns and operates the largest and most diverse fleet in
the U.S. dredging industry, comprised of over 200 specialized
vessels.
Cautionary Note Regarding
Forward-Looking Statements Certain statements in this
press release may constitute "forward-looking" statements as
defined in Section 21E of the Securities Exchange Act of 1934 (the
"Exchange Act"), the Private Securities Litigation Reform Act of
1995 (the "PSLRA") or in releases made by the Securities and
Exchange Commission (the "SEC"), all as may be amended from time to
time. Such forward-looking statements involve known and unknown
risks, uncertainties and other important factors that could cause
the actual results, performance or achievements of Great Lakes and
its subsidiaries, or industry results, to differ materially from
any future results, performance or achievements expressed or
implied by such forward-looking statements. Statements that are not
historical fact are forward-looking statements. These cautionary
statements are being made pursuant to the Exchange Act and the
PSLRA with the intention of obtaining the benefits of the "safe
harbor" provisions of such laws. Great Lakes cautions investors
that any forward-looking statements made by Great Lakes are not
guarantees or indicative of future events.
Although Great Lakes believes that its plans,
intentions and expectations reflected in this press release are
reasonable, actual events could differ materially. The
forward-looking statements contained in this press release are made
only as of the date hereof and Great Lakes does not have or
undertake any obligation to update or revise any forward-looking
statements whether as a result of new information, subsequent
events or otherwise, unless otherwise required by law.
For further information
contact: Tina BaginskisDirector,
Investor Relations630-574-3024
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