Petterson Takes Over as CEO of GLDD

The Board of Directors of Great Lakes Dredge & Dock Corporation (GLDD) announced yesterday that Lasse Petterson will assume the role of Chief Executive Officer (CEO) on May 1, 2017.

Chairman of the Board Robert Uhler stated: “As expected, since becoming a Board Member late in 2016, his background, reputation and character have enabled him to be a valuable asset to the Company. As CEO, I expect Lasse to continue to make many positive contributions that will enhance value for shareholders.”

During his 35-year career, Mr. Petterson has gained considerable international experience while working and living in Norway, Asia and the United Kingdom to oversee operations and major projects in Australia, Middle East and South America.

Prior to CB&I, Mr. Petterson was CEO of Gearbulk, Ltd., a privately held company that owns and operates one of the largest fleets of gantry craned open hatch bulk vessels in the world.