Global Infrastructure Solutions, Inc. Announces Board Leadership Transition

Global Infrastructure Solutions Inc. (“GISI”) is pleased to announce that its Board of Directors (the “Board”) named Richard G. (“Rick”) Newman, Jr. as Chairman and Chief Executive Officer effective March 28, 2024. Previously, Richard G. (“Dick”) Newman served as Executive Chairman from 2017 to March 2024 and as Chief Executive Officer from 2017 to April 2020. He will continue his executive role as Director and Vice Chairman of the Board.

During his six years as President and then Chief Executive Officer, Rick Newman has played a pivotal role in shaping GISI’s success. Under his leadership, the company has achieved industry-leading growth while fostering a work environment that empowers its employees and prioritizes quality of service and a strong client focus. His commitment to GISI’s core values will continue to guide the company as he assumes the role of Chairman.

Rick served as GISI’s President from April 2018 to March 2024, and as Chief Executive Officer and Director since April 2020. Prior to taking on his role at GISI, Rick served as President and Chief Executive Officer of Lowe Real Estate, a private real estate company. There, he was responsible for Lowe’s development and construction management activity, and the company’s investment in and operations of commercial office, industrial, multi-family, mixed-use and institutional projects throughout the country. Rick is a director of Lowe Enterprises.

About GISI

GISI is among the largest privately owned construction management companies in the commercial building, industrial and healthcare markets. A leading provider of engineering and consulting services in the environmental and public infrastructure sectors and a leader in global sustainability and impact services, GISI provides the resources its partner firms may require to gain the competitive advantage for success. Through the dedicated efforts of our more than 14,500 employees, GISI generates annual revenues of approximately US$13 billion, with a project backlog of more than US$22 billion. Our employee shareholders are invested in contributing to, and benefiting from, our continued growth as we bring our unique value proposition to our clients and communities in more than 100 countries. Learn more at www.GISI.com.

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